Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Pennington area can be challenging. Home prices in Pennington are now at a median cost of $32,030, lower than the Arkansas average of $160,541.
The average cost of rent is $709/mo in Pennington, primarily driven by the current value of real estate in the Pennington area. While nearly 74.02% of residents own their homes outright in Pennington, 12.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pennington is $2,748 per month. Households that rent pay about 25.80% of their income on rent here. Pennington's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Amagon, AR: equally priced homes
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- Grubbs, AR: higher priced homes
- Remmel, AR: higher priced homes
- Murphys Corner, AR: higher priced homes
- Weiner, AR: higher priced homes
- Beedeville, AR: equally priced homes
- Auvergne, AR: higher priced homes
Cities with Similar Populations
- Martins Store, VA: higher priced homes
- Lynch, PA: higher priced homes
- Lyndell, PA: higher priced homes
- Lynn Camp, WV: higher priced homes
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- Madding, AR: higher priced homes
- Mahto, SD: higher priced homes
- Mamont, PA: higher priced homes
- Manchester, SD: higher priced homes
- Mankins, TX: higher priced homes
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