Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Penn Valley area can be challenging. Home prices in Penn Valley are now at a median cost of $563,661, lower than the California average of $812,006.
The average cost of rent is $2,140/mo in Penn Valley, primarily driven by the current value of real estate in the Penn Valley area. In Penn Valley, 15.14% of households rent, and 45.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Penn Valley is $7,402 per month. Households that rent pay about 28.91% of their income on rent here. Penn Valley’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rough And Ready, CA: higher priced homes
- Smartville, CA: less expensive homes
- Grass Valley, CA: equally priced homes
- Sweetland, CA: equally priced homes
- Oregon House, CA: less expensive homes
- Browns Valley, CA: equally priced homes
- Alta Sierra, CA: equally priced homes
- Dobbins, CA: less expensive homes
- Nevada City, CA: higher priced homes
- Beale Afb, CA: equally priced homes
Cities with Similar Populations
- Hamburg, PA: less expensive homes
- Hebron, TX: equally priced homes
- Hebron, IN: less expensive homes
- Heber Springs, AR: less expensive homes
- Heath, TX: higher priced homes
- Hawthorn Woods, IL: equally priced homes
- Havana, FL: less expensive homes
- Hastings-on-Hudson, NY: higher priced homes
- Hartsville, TN: less expensive homes
- Harrison, MI: less expensive homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood