Much like other places in this area, it's substantially less expensive compared to the rest of the country. Compared to the city of St. Cloud, it is a lot less expensive.
Home prices
Parkers Prairie's median home price is $102,500. Compared to its surrounding areas this is is very similar.In comparison to the entire country it is roughly $115,000 (52%) lower, and is roughly $53,000 (34%) lower compared to the city of St. Cloud.
Rents
In Parkers Prairie the median monthly rent is $638. It is is very similar in comparison to nearby areas.Compared to the rest of the nation it is about $424 (39%) lower, and it is roughly $164 (20%) lower compared to the city of St. Cloud.
Nearby places
Miltona
Miltona is about 6 miles south of Parkers Prairie. The housing prices there are a bit more expensive. The median home value in Miltona is $136,800, which is $34,300 (25%) higher than Parkers Prairie. Rent there is somewhat more expensive. The median monthly rent in Miltona is $713, which works out to $75 (10%) higher than Parkers Prairie.
Millerville
Millerville is about 10 miles southwest of Parkers Prairie. The housing prices there are a bit less expensive. The price of the median home in Millerville is $85,000, which works out to $17,500 (20%) lower than Parkers Prairie. Its rents are fairly similar. The median rent in Millerville is $615 a month, which comes out to $23 (3%) lower than Parkers Prairie.
Carlos
Carlos is approximately 11 miles south from Parkers Prairie. Its housing prices are somewhat more expensive. Carlos's median home cost is $130,900, which works out to $28,400 (21%) higher than Parkers Prairie. Its rents are a bit more expensive. In Carlos the median rent is $735 a month, which comes out to $97 (13%) higher than Parkers Prairie.
Henning
Henning is about 11 miles northwest of Parkers Prairie. Its real estate prices are a little less expensive. Henning's median home cost is $86,600, which is $15,900 (18%) lower than Parkers Prairie. Rent there is similar. The median rent in Henning is $633 a month, which is very similar to Parkers Prairie.
Eagle Bend
Eagle Bend is roughly 11 miles east from Parkers Prairie. The housing prices there are significantly less expensive. The price of the median home in Eagle Bend is $70,300, which is $32,200 (45%) lower than Parkers Prairie. Rent there is a little less expensive. In Eagle Bend the median rent is $500 per month, which is $138 (27%) lower than Parkers Prairie.