The Most Affordable Neighborhoods in Parkers Chapel, AR by Home Value

 

Parkers Chapel, AR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Parkers Chapel area can be challenging. Home prices in Parkers Chapel are now at a median cost of $165,428, higher than the Arkansas average of $160,541.

The average cost of rent is $734/mo in Parkers Chapel, primarily driven by the current value of real estate in the Parkers Chapel area. While nearly 52.68% of residents own their homes outright in Parkers Chapel, 13.01% rent.

Housing affordability isn’t just about home prices, though. The average household income in Parkers Chapel is $5,429 per month. Households that rent pay about 13.52% of their income on rent here. Parkers Chapel's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.


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