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These days, finding an affordable place to live in the Parkway area can be challenging. Home prices in Parkway are now at a median cost of $341,081, lower than the California average of $812,006.
The average cost of rent is $1,571/mo in Parkway, primarily driven by the current value of real estate in the Parkway area. In Parkway, 52.88% of households rent, and 45.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Parkway is $5,196 per month. Households that rent pay about 30.23% of their income on rent here. Parkway’s most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Lemon Hill, CA: equally priced homes
- Florin, CA: higher priced homes
- Sacramento, CA: higher priced homes
- Elk Grove, CA: higher priced homes
- Vineyard, CA: higher priced homes
- Rosemont, CA: higher priced homes
- West Sacramento, CA: higher priced homes
- La Riviera, CA: higher priced homes
- Clarksburg, CA: higher priced homes
- Arden-Arcade, CA: higher priced homes
Cities with Similar Populations
- Cedar Hill, TX: equally priced homes
- Cypress, CA: higher priced homes
- Jamaica Plain, MA: higher priced homes
- Longview, WA: equally priced homes
- La Mirada, CA: higher priced homes
- Lakewood, OH: less expensive homes
- Lawrence, IN: less expensive homes
- Aliso Viejo, CA: higher priced homes
- Mankato, MN: less expensive homes
- Marion, OH: less expensive homes
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