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 $92,757, lower than the Pennsylvania average of $222,630.
The average cost of rent is $874/mo in Penfield, primarily driven by the current value of real estate in the Penfield area. While nearly 61.22% of residents own their homes outright in Penfield, 15.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Penfield is $4,542 per month. Households that rent pay about 19.25% of their income on rent here. Penfield's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Winterburne, PA: higher priced homes
- Tyler, PA: equally priced homes
- Force, PA: less expensive homes
- Sabula, PA: higher priced homes
- Weedville, PA: higher priced homes
- Treasure Lake, PA: higher priced homes
- Byrnedale, PA: higher priced homes
- Brockport, PA: higher priced homes
- Narrows Creek, PA: higher priced homes
- Dagus Mines, PA: higher priced homes
Cities with Similar Populations
- Green Hill, TX: higher priced homes
- Walnut Grove, AL: equally priced homes
- Watson, MS: higher priced homes
- Issue, MD: higher priced homes
- Wickware, MI: higher priced homes
- Wildwood, TX: higher priced homes
- Windsor, GA: higher priced homes
- Haviland, NY: higher priced homes
- Harrisville, NH: higher priced homes
- Guys, TN: higher priced homes
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