Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Parma area can be challenging. Home prices in Parma are now at a median cost of $58,027, lower than the Missouri average of $246,641.
The average cost of rent is $630/mo in Parma, primarily driven by the current value of real estate in the Parma area. In Parma, 36.43% of households rent, and 84.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Parma is $4,883 per month. Households that rent pay about 12.90% of their income on rent here. Parma’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Risco, MO: higher priced homes
- La Valle, MO: higher priced homes
- Catron, MO: higher priced homes
- Tallapoosa, MO: higher priced homes
- Malden, MO: higher priced homes
- Bernie, MO: higher priced homes
- Frisco, MO: higher priced homes
- Charter Oak, MO: higher priced homes
- North Lilbourn, MO: higher priced homes
- Lilbourn, MO: higher priced homes
Cities with Similar Populations
- Stoddert, VA: higher priced homes
- Scotland, GA: higher priced homes
- Seal Cove, ME: higher priced homes
- Shoals Junction, SC: higher priced homes
- Shoreham, MN: higher priced homes
- South Bend, NE: higher priced homes
- Southland, AR: higher priced homes
- Spanish Flat, CA: higher priced homes
- Sparkman, AR: higher priced homes
- Spavinaw, OK: higher priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood