Parkway 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 the purple and dark green areas.
Rental Price Key
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in Parkway is about $1,357 per month. This puts it in the 50th percentile compared to the state average cost of rent, which is $1,931. Households in Parkway have a median income of $3,756 per month so the average renter in Parkway is spending roughly 36% of their earnings on housing.
Nationally, and in Parkway, home values are the data point most closely correlated with the cost of rent. The median price of a home in Parkway is $272,560 right now, which is lower than cities nearby, meaning that rents in Parkway also tend to be lower versus these nearby cities.
Higher rent prices are common in the southwestern parts of Parkway while lower rent rates are often available in northwestern areas.
Nearby Cities
- Lemon Hill, CA: less expensive rent prices
- Florin, CA: more expensive rent prices
- Sacramento, CA: more expensive rent prices
- Sacramento, CA: more expensive rent prices
- Elk Grove, CA: more expensive rent prices
- Rosemont, CA: more expensive rent prices
- Vineyard, CA: more expensive rent prices
- La Riviera, CA: more expensive rent prices
- West Sacramento, CA: more expensive rent prices
- Arden-Arcade, CA: less expensive rent prices
Cities with Similar Populations
- Detroit Lakes, MN: less expensive rent prices
- Port Washington, NY: more expensive rent prices
- Princeton, MN: less expensive rent prices
- Belvedere Park, GA: less expensive rent prices
- North Reading, MA: more expensive rent prices
- Harrodsburg, KY: less expensive rent prices
- Tiverton, RI: less expensive rent prices
- Kaufman, TX: less expensive rent prices
- Aldine, TX: less expensive rent prices
- Corning, NY: less expensive rent prices
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