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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 $266,079, higher than the Iowa average of $226,062.
The average cost of rent is $866/mo in Parnell, primarily driven by the current value of real estate in the Parnell area. In Parnell, 15.56% of households rent, and 44.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Parnell is $6,868 per month. Households that rent pay about 12.61% of their income on rent here. Parnell’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Williamsburg, IA: less expensive homes
- Windham, IA: higher priced homes
- North English, IA: less expensive homes
- Kinross, IA: less expensive homes
- Wellman, IA: less expensive homes
- Homestead, IA: equally priced homes
- South Amana, IA: less expensive homes
- Conroy, IA: less expensive homes
- Williamstown, IA: higher priced homes
- South English, IA: less expensive homes
Cities with Similar Populations
- Electric City, WA: equally priced homes
- Genoa, NY: less expensive homes
- Garwood, ID: higher priced homes
- Fort Clark Springs, TX: less expensive homes
- Fordsville, KY: less expensive homes
- Flatgap, KY: less expensive homes
- Exira, IA: less expensive homes
- Eolia, KY: less expensive homes
- Energy, IL: less expensive homes
- Emily, MN: higher priced homes
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