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Affordable
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These days, finding an affordable place to live in the Parr area can be challenging. Home prices in Parr are now at a median cost of $259,841, higher than the Indiana average of $232,932.
The average cost of rent is $860/mo in Parr, primarily driven by the current value of real estate in the Parr area. In Parr, 18.98% of households rent, and 30.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Parr is $7,618 per month. Households that rent pay about 11.28% of their income on rent here. Parr’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fair Oaks, IN: higher priced homes
- Mount Ayr, IN: less expensive homes
- Rensselaer, IN: less expensive homes
- Collegeville, IN: less expensive homes
- Roselawn, IN: less expensive homes
- Gifford, IN: equally priced homes
- Foresman, IN: less expensive homes
- Newland, IN: less expensive homes
- DeMotte, IN: equally priced homes
- Thayer, IN: equally priced homes
Cities with Similar Populations
- Holy Cross, WI: higher priced homes
- Jamestown, KS: less expensive homes
- Iona, NJ: higher priced homes
- Inguadona, MN: higher priced homes
- Ingold, NC: less expensive homes
- Indian Lake, PA: equally priced homes
- Ilfeld, NM: equally priced homes
- Hunters, WA: higher priced homes
- Hunt, AZ: less expensive homes
- Humm Wye, IL: less expensive homes
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