Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Parkers Settlement area can be challenging. Home prices in Parkers Settlement are now at a median cost of $201,776, higher than the Indiana average of $175,617.
The average cost of rent is $621/mo in Parkers Settlement, primarily driven by the current value of real estate in the Parkers Settlement area. While nearly 42.76% of residents own their homes outright in Parkers Settlement, 7.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Parkers Settlement is $6,799 per month. Households that rent pay about 9.14% of their income on rent here. Parkers Settlement's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
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