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Affordable
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These days, finding an affordable place to live in the Penn Run area can be challenging. Home prices in Penn Run are now at a median cost of $174,726, lower than the Pennsylvania average of $288,156.
The average cost of rent is $776/mo in Penn Run, primarily driven by the current value of real estate in the Penn Run area. In Penn Run, 12.75% of households rent, and 53.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Penn Run is $5,692 per month. Households that rent pay about 13.63% of their income on rent here. Penn Run’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Nolo, PA: equally priced homes
- Sample Run, PA: equally priced homes
- Heilwood, PA: less expensive homes
- Brush Valley, PA: less expensive homes
- Pine Flats, PA: less expensive homes
- Clymer, PA: less expensive homes
- Strongstown, PA: equally priced homes
- Tanoma, PA: higher priced homes
- Starford, PA: less expensive homes
- Dilltown, PA: less expensive homes
Cities with Similar Populations
- Campbelltown, PA: higher priced homes
- Conway, MA: higher priced homes
- Redington Beach, FL: higher priced homes
- Oakland, TX: equally priced homes
- Philipsburg, MT: higher priced homes
- Phillips, ME: equally priced homes
- Prewitt, NM: less expensive homes
- Pruitt, TX: higher priced homes
- Pulaski, MI: equally priced homes
- Nuttall, VA: higher priced homes
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