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 $228,891, higher than the Ohio average of $181,280.
The average cost of rent is $1,166/mo in Penfield, primarily driven by the current value of real estate in the Penfield area. While nearly 35.97% of residents own their homes outright in Penfield, 7.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in Penfield is $6,787 per month. Households that rent pay about 17.17% of their income on rent here. Penfield's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Litchfield, OH: equally priced homes
- Spencer, OH: less expensive homes
- Wellington, OH: less expensive homes
- Lagrange, OH: less expensive homes
- Huntington, OH: equally priced homes
- Pittsfield, OH: equally priced homes
- Grafton, OH: less expensive homes
- Homerville, OH: less expensive homes
- Lester, OH: higher priced homes
- North Eaton, OH: equally priced homes
Cities with Similar Populations
- Fenwick Hills, SC: higher priced homes
- Taos, MO: equally priced homes
- Tafton, PA: equally priced homes
- Swifton, AR: less expensive homes
- Grandy, MN: higher priced homes
- Grand Ridge, IL: less expensive homes
- Golden Beach, FL: higher priced homes
- Glenville, NC: higher priced homes
- Gishton, KY: less expensive homes
- Gable, SC: less expensive homes
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