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These days, finding an affordable place to live in the Penermon area can be challenging. Home prices in Penermon are now at a median cost of $104,900, lower than the Missouri average of $246,641.
The average cost of rent is $644/mo in Penermon, primarily driven by the current value of real estate in the Penermon area. In Penermon, 27.42% of households rent, and 43.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Penermon is $4,985 per month. Households that rent pay about 12.92% of their income on rent here. Penermon’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
- Hunterville, MO: less expensive homes
- Essex, MO: equally priced homes
- Frisco, MO: equally priced homes
- Grayridge, MO: less expensive homes
- Idalia, MO: equally priced homes
- Dexter, MO: higher priced homes
- Birds Corner, MO: less expensive homes
- La Valle, MO: equally priced homes
- Canalou, MO: less expensive homes
- Morehouse, MO: less expensive homes
Cities with Similar Populations
- Shirley, NJ: higher priced homes
- Land, AL: less expensive homes
- Landgraff, WV: less expensive homes
- Lansing, AR: equally priced homes
- Las Tusas, NM: higher priced homes
- Lawrenceville, AR: less expensive homes
- Lebanon, IA: higher priced homes
- Shawneetown, MO: higher priced homes
- Sherman, NM: higher priced homes
- Sherrett, PA: higher priced homes
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