Why Live in Parramore
Parramore, located in Orlando, has a rich history dating back to the 1880s as the city’s first African-American neighborhood. The area thrived as an economic and entertainment hub, with notable venues like the South Street Casino and Wells’ Built Hotel. The construction of Interstate 4 in the 1950s disrupted the neighborhood, but recent revitalization efforts under the Parramore Comprehensive Neighborhood Plan aim to restore its vibrancy. This plan has introduced a new academic center, transit lines, and mixed-income apartments, and earned Parramore its designation as an Orlando Main Street District. Future developments include a $500 million entertainment complex near the Kia Center, home of the NBA’s Orlando Magic. Housing in Parramore features modest beach bungalows, shotgun houses, and contemporary craftsmans, with prices ranging from $175,000 to $275,000. The neighborhood also includes new subsidized housing and mixed-income apartments. Public transit has improved with the addition of two LYMMO lines, and drivers have access to Interstate 4 and State Road 408. Students attend Orange County Public Schools, with Lake Eola Charter being highly rated. Local dining options include Nikki's Place, Knali's Kitchen, and Foodies Cafe, while new businesses like Broken Strings Brewery and The District GastroBar are emerging. Points of interest include the Wells’ Built Museum and Z L Riley Park, which features a playground and walking trail. The Orlando Police Department, located on the neighborhood's west border, began Operation Positive Direction in 2009, a youth mentoring program that pairs local students with officers who help guide them toward future success through tutoring, community service, and one-on-one mentorship.
Frequently Asked Questions
Is Parramore a good place to live?
Parramore is a good place to live. Parramore is considered fairly walkable and very bikeable with good transit options. Parramore is a suburban neighborhood. Parramore has 6 parks for recreational activities. It is somewhat dense in population with 9.5 people per acre and a median age of 39. The average household income is $34,267 which is below the national average. College graduates make up 20% of residents. A majority of residents in Parramore are renters, with 89.7% of residents renting and 10.3% of residents owning their home. A
local real estate agent serving Parramore can help you decide if this neighborhood is the right one for you. Learn more on our
Parramore neighborhood guide.
How much do you need to make to afford a house in Parramore?
The median home price in Parramore is $275,000. If you put a 20% down payment of $55,000 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $1,390 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $60K a year to afford the median home price in Parramore. The average household income in Parramore is $34K.
What are the best public schools in Parramore?
The best public schools that serve Parramore are:
- Edgewater High School has a B+ Niche grade, a student teacher ratio of 23:1 and an average review score of 3.8.
- Lake Como School has a B Niche grade and a student teacher ratio of 15:1.
- Jones High School has a B- Niche grade, a student teacher ratio of 23:1 and an average review score of 3.8.
What are the best private schools in Parramore?
The best private schools that serve Parramore are:
- The Christ School has an A+ Niche grade, a student teacher ratio of 10:1 and an average review score of 5.0.
- Lake Highland Preparatory School has an A+ Niche grade, a student teacher ratio of 13:1 and an average review score of 4.3.
- Prisma has a student teacher ratio of 12:1 and an average review score of 4.8.
What are the most popular zip codes in Parramore, Orlando, FL?
What are the most popular neighborhoods near Parramore, Orlando, FL?
Are home prices dropping in Parramore?
Yes, home prices in Parramore are down 9% in the last 12 months.
Home Trends in Parramore, FL
On average, homes in Parramore, Orlando sell after 44 days on the market compared to the national average of 52 days. The median sale price for homes in Parramore, Orlando over the last 12 months is $226,805, down 7% from the median home sale price over the previous 12 months.
Median Sale Price
$226,805
Median Single Family Sale Price
$270,000
Median Townhouse Sale Price
$221,804
Average Price Per Sq Ft
$192
Number of Homes for Sale
4
Last 12 months Home Sales
12
Median List Price
$275,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
-7%