
Affordable
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These days, finding an affordable place to live in the Penn area can be challenging. Home prices in Penn are now at a median cost of $284,939, higher than the North Dakota average of $273,535.
The average cost of rent is $931/mo in Penn, primarily driven by the current value of real estate in the Penn area. In Penn, 4.72% of households rent, and 60.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Penn is $9,367 per month. Households that rent pay about 9.93% of their income on rent here. Penn’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Churchs Ferry, ND: less expensive homes
- Lakewood Park, ND: equally priced homes
- Tilden, ND: less expensive homes
- South Minnewaukan, ND: equally priced homes
- Devils Lake, ND: less expensive homes
- Webster, ND: less expensive homes
- Minnewaukan, ND: less expensive homes
- Fort Totten, ND: less expensive homes
- Maza, ND: less expensive homes
- St. Michael, ND: less expensive homes
Cities with Similar Populations
- Sepo, IL: less expensive homes
- Mace, IN: less expensive homes
- Mackay Bar, ID: higher priced homes
- Mahone, WV: less expensive homes
- Mandata, PA: less expensive homes
- Manfred, ND: less expensive homes
- Manheim, WV: less expensive homes
- Mappsburg, VA: less expensive homes
- Marie, AR: less expensive homes
- Marsh Hill, PA: less expensive homes
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