salaryRent is lower than in 78% of U.S. cities. A typical house costs about 3.5 years of household income. Most households rent (57%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $46,520 a year. That is $22 an hour at a full-time job.
Is rent cheaper than other South Carolina cities?
Yes. Rent here is cheaper than in most of South Carolina. It is number 31 of 101 cities from cheapest to most expensive.
How much do households earn in Parker?
Share of households by yearly income. 7.5% of households earn $100,000 or more.
Rent by apartment size in Parker
| Size | Parker | U.S. average |
|---|---|---|
| Studio | $904 | $1,338 |
| 1 bedroom | $1,024 | $1,324 |
| 2 bedrooms | $1,095 | $1,509 |
| 3 bedrooms | $1,218 | $1,698 |
| 4 bedrooms | $1,446 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Parker overall?
Everyday prices in South Carolina overall are 6% below the U.S. average (index 93.7, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Parker, so the South Carolina figure is shown.
Taxes and bills in Parker
Life in Parker
Is it cheaper to rent or buy in Parker?
Buying is cheaper month to month: about $119 a month less than renting.
Owning assumes a typical $150,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $15,040 for the down payment.
Frequently asked questions
What is the average rent in Parker, SC?
Renting in Parker costs a median of about $1,163 a month in 2026, including utilities. The South Carolina median is $1,479.
How much do I need to make to live in Parker?
To keep rent under 30% of income, you need about $46,520 a year, or $22 an hour at a full-time job.
Is Parker cheap or expensive?
Parker is rated Expensive: rent takes 32.3% of the typical household income of $43,186. It ranks 31st cheapest of 101 South Carolina cities we track.
How much are property taxes in Parker?
The median homeowner in Parker pays $986 a year in property taxes, about 0.66% of the median home value.
Is Parker more expensive than the national average?
Overall prices in South Carolina are 6% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Parker?
The median home value in Parker is $150,400, about 3.5 times the typical yearly household income.
12,898 people live in Parker. Numbers are typical (middle) values.