Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Penfield area can be challenging. Home prices in Penfield are now at a median cost of $130,834, lower than the Georgia average of $231,203.
The average cost of rent is $795/mo in Penfield, primarily driven by the current value of real estate in the Penfield area. While nearly 64.50% of residents own their homes outright in Penfield, 27.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in Penfield is $4,150 per month. Households that rent pay about 19.16% of their income on rent here. Penfield's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Woodville, GA: less expensive homes
- Maxeys, GA: equally priced homes
- Union Point, GA: less expensive homes
- Thurston, GA: higher priced homes
- Stephens, GA: equally priced homes
- Greshamville, GA: higher priced homes
- Greensboro, GA: higher priced homes
- Swords, GA: higher priced homes
- Siloam, GA: less expensive homes
- Daniel Springs, GA: less expensive homes
Cities with Similar Populations
- Garciasville, TX: less expensive homes
- South Dennis, NJ: higher priced homes
- South Bethany, DE: higher priced homes
- Souris, ND: higher priced homes
- Glencoe, OH: higher priced homes
- Glades, TN: less expensive homes
- Garvers Ferry, PA: higher priced homes
- Garneill, MT: higher priced homes
- Gardners Grove, NH: higher priced homes
- Gardner, VA: higher priced homes
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