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Affordable
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These days, finding an affordable place to live in the Parkersburg area can be challenging. Home prices in Parkersburg are now at a median cost of $243,837, higher than the Indiana average of $232,932.
The average cost of rent is $965/mo in Parkersburg, primarily driven by the current value of real estate in the Parkersburg area. In Parkersburg, 9.44% of households rent, and 26.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Parkersburg is $8,303 per month. Households that rent pay about 11.62% of their income on rent here. Parkersburg’s most expensive areas are in the southwestern 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
- Russellville, IN: equally priced homes
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Cities with Similar Populations
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- Silver City, SD: higher priced homes
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- Sixmile, IA: equally priced homes
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- Smith, KY: less expensive homes
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