Expensive
Affordable
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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 $173,992, lower than the Illinois average of $300,242.
The average cost of rent is $436/mo in Parnell, primarily driven by the current value of real estate in the Parnell area. In Parnell, 12.85% of households rent, and 48.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Parnell is $5,908 per month. Households that rent pay about 7.37% of their income on rent here. Parnell’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Farmer City, IL: equally priced homes
- Dewitt, IL: equally priced homes
- Harris, IL: higher priced homes
- Kumler, IL: higher priced homes
- Weldon, IL: equally priced homes
- Le Roy, IL: higher priced homes
- Lane, IL: equally priced homes
- DeLand, IL: less expensive homes
- Sabina, IL: higher priced homes
- Galesville, IL: higher priced homes
Cities with Similar Populations
- Lanesborough, MA: higher priced homes
- Keweenaw Bay, MI: less expensive homes
- Killarney Beach, MI: higher priced homes
- Kimberly, OR: higher priced homes
- Kings Ferry, FL: higher priced homes
- Kinneloa Mesa, CA: higher priced homes
- Kintyre, ND: less expensive homes
- Kiserton, KY: higher priced homes
- Klukwan, AK: higher priced homes
- Knittel, IA: higher priced homes
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