Parkerton renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Parkerton is about $1,010 per month. This puts it in the 80th percentile compared to the state average cost of rent, which is $935. Households in Parkerton have a median income of $6,519 per month so the average renter in Parkerton is spending roughly 15% of their earnings on housing.
Nationally, and in Parkerton, home values are the data point most closely correlated with the cost of rent. The median price of a home in Parkerton is $321,506 right now, which is higher than nearby cities, meaning that rents in Parkerton also tend to be higher versus these nearby cities.
Higher rent prices are common in the western parts of Parkerton while lower rent rates are often available in northwestern areas.
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