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Affordable
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These days, finding an affordable place to live in the Parks area can be challenging. Home prices in Parks are now at a median cost of $95,600, lower than the Arkansas average of $207,061.
The average cost of rent is $487/mo in Parks, primarily driven by the current value of real estate in the Parks area. In Parks, 19.34% of households rent, and 53.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Parks is $3,380 per month. Households that rent pay about 14.41% of their income on rent here. Parks’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Boles, AR: higher priced homes
- Bates, AR: higher priced homes
- Harvey, AR: equally priced homes
- Union Hill, AR: higher priced homes
- Waldron, AR: higher priced homes
- Tate, AR: higher priced homes
- Nella, AR: higher priced homes
- Needmore, AR: higher priced homes
- Winfield, AR: higher priced homes
- Gravelly, AR: higher priced homes
Cities with Similar Populations
- Irwin, MO: higher priced homes
- Teague, TN: higher priced homes
- Taylor, UT: higher priced homes
- Tanoma, PA: higher priced homes
- Taits Gap, AL: higher priced homes
- Swofford, WA: higher priced homes
- Swissdale, PA: higher priced homes
- Supreme, LA: higher priced homes
- Krypton, KY: less expensive homes
- Jordan Hill, LA: higher priced homes
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