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These days, finding an affordable place to live in the Parkville area can be challenging. Home prices in Parkville are now at a median cost of $179,889, lower than the Michigan average of $250,415.
The average cost of rent is $645/mo in Parkville, primarily driven by the current value of real estate in the Parkville area. In Parkville, 9.43% of households rent, and 45.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Parkville is $5,923 per month. Households that rent pay about 10.89% of their income on rent here. Parkville’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mendon, MI: equally priced homes
- Moore Park, MI: higher priced homes
- Vicksburg, MI: higher priced homes
- Flowerfield, MI: higher priced homes
- Wasepi, MI: less expensive homes
- Centreville, MI: equally priced homes
- Three Rivers, MI: equally priced homes
- Schoolcraft, MI: higher priced homes
- Leonidas, MI: higher priced homes
- Nottawa, MI: higher priced homes
Cities with Similar Populations
- Gilliam, LA: less expensive homes
- Taylorsville, TX: higher priced homes
- Tahoma, CA: higher priced homes
- Sylvan Beach, NY: equally priced homes
- Swift, TX: less expensive homes
- Sunrise Beach Village, TX: higher priced homes
- Sparr, MI: higher priced homes
- Shirleysburg, PA: higher priced homes
- Graton, CA: higher priced homes
- Goose Island, GA: higher priced homes
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