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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 $648,543, higher than the Texas average of $322,096.
The average cost of rent is $2,463/mo in Parker, primarily driven by the current value of real estate in the Parker area. In Parker, 7.54% of households rent, and 30.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Parker is $17,531 per month. Households that rent pay about 14.05% of their income on rent here. Parker’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Murphy, TX: less expensive homes
- Lucas, TX: higher priced homes
- St. Paul, TX: less expensive homes
- Allen, TX: less expensive homes
- Wylie, TX: less expensive homes
- Sachse, TX: less expensive homes
- Fairview, TX: less expensive homes
- Plano, TX: less expensive homes
- Richardson, TX: less expensive homes
- Lowry Crossing, TX: less expensive homes
Cities with Similar Populations
- Seymour, WI: less expensive homes
- Roslyn Heights, NY: higher priced homes
- Rossford, OH: less expensive homes
- Royston, GA: less expensive homes
- San Leon, TX: less expensive homes
- San Martin, CA: higher priced homes
- Sanborn, NY: less expensive homes
- Sand Lake, MI: less expensive homes
- Sanford, MI: less expensive homes
- Sanibel, FL: higher priced homes
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