Expensive
Affordable
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These days, finding an affordable place to live in the Penderlea area can be challenging. Home prices in Penderlea are now at a median cost of $134,833, lower than the North Carolina average of $323,314.
The average cost of rent is $1,615/mo in Penderlea, primarily driven by the current value of real estate in the Penderlea area. In Penderlea, 8.45% of households rent, and 59.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Penderlea is $6,146 per month. Households that rent pay about 26.28% of their income on rent here. Penderlea’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Willard, NC: higher priced homes
- Watha, NC: higher priced homes
- Wards Corner, NC: equally priced homes
- Shanghai, NC: higher priced homes
- Ivanhoe, NC: higher priced homes
- Tin City, NC: higher priced homes
- Atkinson, NC: less expensive homes
- Teachey, NC: higher priced homes
- Harrells, NC: higher priced homes
- Costin, NC: less expensive homes
Cities with Similar Populations
- Kearsarge, NH: higher priced homes
- Johnsonville, AL: less expensive homes
- Johnsonville, IN: higher priced homes
- Joppa, KY: less expensive homes
- Junius, SD: higher priced homes
- Jutland, NJ: higher priced homes
- Kabob, NY: equally priced homes
- Kaibab, AZ: higher priced homes
- Kalgary, TX: higher priced homes
- Kaltag, AK: less expensive homes
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