
Home Price Key
These days, finding an affordable place to live in the Parnell area can be challenging. Home prices in Parnell are now at a median cost of $194,300, higher than the Arkansas average of $160,541.
The average cost of rent is $774/mo in Parnell, primarily driven by the current value of real estate in the Parnell area. While nearly 33.93% of residents own their homes outright in Parnell, 19.24% rent.
Housing affordability isn’t just about home prices, though. The average household income in Parnell is $7,005 per month. Households that rent pay about 11.05% of their income on rent here. Parnell's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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- Sherwood, AR: equally priced homes
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Cities with Similar Populations
- Howard, TN: less expensive homes
- Ironto, VA: higher priced homes
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- Indian Creek, WI: equally priced homes
- Independence, TX: higher priced homes
- Hyndsver, TN: less expensive homes
- Zachow, WI: equally priced homes
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