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Affordable
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These days, finding an affordable place to live in the Parker area can be challenging. Home prices in Parker are now at a median cost of $278,089, higher than the South Dakota average of $268,202.
The average cost of rent is $917/mo in Parker, primarily driven by the current value of real estate in the Parker area. In Parker, 19.50% of households rent, and 42.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Parker is $6,820 per month. Households that rent pay about 13.45% of their income on rent here. Parker’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Monroe, SD: equally priced homes
- Marion, SD: less expensive homes
- Chancellor, SD: less expensive homes
- Hurley, SD: less expensive homes
- Spring Valley, SD: less expensive homes
- Pumpkin Center, SD: higher priced homes
- Naomi, SD: equally priced homes
- Davis, SD: less expensive homes
- Rumpus Ridge, SD: higher priced homes
- Lennox, SD: equally priced homes
Cities with Similar Populations
- Inez, KY: less expensive homes
- Sandy Valley, NV: less expensive homes
- North Adams, MI: less expensive homes
- Linville, VA: higher priced homes
- Alton, VA: less expensive homes
- Laconia, IN: less expensive homes
- La Veta, CO: higher priced homes
- Kirtland Hills, OH: higher priced homes
- Keams Canyon, AZ: less expensive homes
- Saspamco, TX: equally priced homes
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