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Affordable
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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 $234,027, higher than the Arkansas average of $207,061.
The average cost of rent is $817/mo in Parkers Chapel, primarily driven by the current value of real estate in the Parkers Chapel area. In Parkers Chapel, 12.16% of households rent, and 35.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Parkers Chapel is $7,907 per month. Households that rent pay about 10.34% of their income on rent here. Parkers Chapel’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- El Dorado, AR: less expensive homes
- Newell, AR: equally priced homes
- Sandy Land, AR: less expensive homes
- Quinn, AR: equally priced homes
- Wesson, AR: less expensive homes
- Lisbon, AR: less expensive homes
- Norphlet, AR: less expensive homes
- Shuler, AR: less expensive homes
- Standard Umpstead, AR: equally priced homes
- Old Union, AR: less expensive homes
Cities with Similar Populations
- Hiltons, VA: less expensive homes
- Wann, OK: equally priced homes
- Larue, TX: higher priced homes
- Washingtonville, OH: less expensive homes
- Wataga, IL: less expensive homes
- Waverly, KS: less expensive homes
- Wayland, MO: less expensive homes
- West Manchester, OH: less expensive homes
- Westtown, PA: higher priced homes
- Whiting, IA: less expensive homes
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