Home Price Key
Affordable
Average
Expensive
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 $302,090, lower than the North Liberty average of $304,080.
The average cost of rent is $1,210/mo in Penn, primarily driven by the current value of real estate in the Penn area. While nearly 28.07% of residents own their homes outright in Penn, 21.33% rent.
Housing affordability isn’t just about home prices, though. The average household income in Penn is $9,185 per month. Households that rent pay about 13.18% of their income on rent here. Penn's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- Wickham, Coralville, IA: higher priced homes
- Kirkwood, Coralville, IA: less expensive homes
- Mann, Iowa City, IA: higher priced homes
- Weber, Iowa City, IA: higher priced homes
- Roosevelt, Iowa City, IA: equally priced homes
- Longfellow, Iowa City, IA: equally priced homes
- Twain, Iowa City, IA: less expensive homes
- Lucas, Iowa City, IA: less expensive homes
- Southwest Area, Cedar Rapids, IA: less expensive homes
- Taylor, Cedar Rapids, IA: less expensive homes
Neighborhoods with Similar Populations
- Security, Security-Widefield, CO: less expensive homes
- Jefferson Park, Chicago, IL: higher priced homes
- Kamuela, Waimea, HI: higher priced homes
- Mill Park, Portland, OR: equally priced homes
- Mineral Springs-Rumble Road, Charlotte, NC: less expensive homes
- North End, Boise, ID: higher priced homes
- Northgate, Colorado Springs, CO: higher priced homes
- Northwest, Manchester, NH: equally priced homes
- Petosky-Otsego, Detroit, MI: less expensive homes
- Scott Park, Toledo, OH: less expensive homes
All Local Stats
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