Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Parsons area can be challenging. Home prices in Parsons are now at a median cost of $90,476, lower than the Tennessee average of $218,916.
The average cost of rent is $658/mo in Parsons, primarily driven by the current value of real estate in the Parsons area. While nearly 53.10% of residents own their homes outright in Parsons, 24.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Parsons is $3,508 per month. Households that rent pay about 18.75% of their income on rent here. Parsons's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Perryville, TN: higher priced homes
- Garrett, TN: higher priced homes
- Bible Hill, TN: equally priced homes
- Darden, TN: higher priced homes
- Decaturville, TN: higher priced homes
- Jeannette, TN: higher priced homes
- Middleburg, TN: equally priced homes
- Pope, TN: higher priced homes
- Chesterfield, TN: higher priced homes
- Sugar Tree, TN: higher priced homes
Cities with Similar Populations
- Forestville, CA: higher priced homes
- Monrovia, IN: higher priced homes
- Fort Mc Coy, FL: higher priced homes
- Fort Huachuca, AZ: higher priced homes
- Fort Eustis, VA: higher priced homes
- Fort Defiance, AZ: less expensive homes
- Waldron, AR: equally priced homes
- Pearisburg, VA: higher priced homes
- Forks, WA: higher priced homes
- Fort Plain, NY: equally priced homes
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