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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 $113,500, lower than the Texas average of $322,096.
The average cost of rent is $569/mo in Parnell, primarily driven by the current value of real estate in the Parnell area. In Parnell, 24.25% of households rent, and 91.63% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Parnell is $4,075 per month. Households that rent pay about 13.96% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Newlin, TX: less expensive homes
- Estelline, TX: higher priced homes
- Lakeview, TX: equally priced homes
- Brice, TX: less expensive homes
- Childress, TX: higher priced homes
- Carey, TX: higher priced homes
- Kirkland, TX: higher priced homes
- Silverton, TX: less expensive homes
- Hollis, OK: less expensive homes
- North Groesbeck, TX: higher priced homes
Cities with Similar Populations
- Ricks Place, GA: less expensive homes
- Mystic, SD: higher priced homes
- Neffs Mills, PA: higher priced homes
- New Baltimore, NY: higher priced homes
- New Portland, ME: higher priced homes
- New Witten, SD: higher priced homes
- Nineteen, KY: higher priced homes
- Norias, TX: higher priced homes
- North Andover, WI: higher priced homes
- North Fork, NV: higher priced homes
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