Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Penney Farms area can be challenging. Home prices in Penney Farms are now at a median cost of $183,197, lower than the Florida average of $278,762.
The average cost of rent is $1,124/mo in Penney Farms, primarily driven by the current value of real estate in the Penney Farms area. While nearly 23.80% of residents own their homes outright in Penney Farms, 51.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in Penney Farms is $3,830 per month. Households that rent pay about 29.35% of their income on rent here. Penney Farms's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Asbury Lake, FL: higher priced homes
- Russell, FL: higher priced homes
- Green Cove Springs, FL: higher priced homes
- Hibernia, FL: less expensive homes
- Middleburg, FL: equally priced homes
- Fleming Island, FL: higher priced homes
- Walkill, FL: less expensive homes
- Magnolia Springs, FL: higher priced homes
- West Tocoi, FL: higher priced homes
- Lawtey, FL: less expensive homes
Cities with Similar Populations
- Vintondale, PA: less expensive homes
- Cooksville, MD: higher priced homes
- Courtland, MN: higher priced homes
- Deary, ID: higher priced homes
- Delmar, IA: equally priced homes
- Dixon, OK: less expensive homes
- Dubois, IN: equally priced homes
- Dundas, IL: equally priced homes
- Dyer, AR: less expensive homes
- East Avon, NY: less expensive homes
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