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 $298,554, higher than the Georgia average of $231,203.
The average cost of rent is $799/mo in Pennington, primarily driven by the current value of real estate in the Pennington area. While nearly 34.80% of residents own their homes outright in Pennington, 21.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pennington is $5,951 per month. Households that rent pay about 13.43% of their income on rent here. Pennington's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Brownwood, GA: higher priced homes
- Godfrey, GA: equally priced homes
- Kelly, GA: less expensive homes
- Beacon Heights, GA: less expensive homes
- Shady Dale, GA: less expensive homes
- Rutledge, GA: less expensive homes
- Newborn, GA: less expensive homes
- Madison, GA: equally priced homes
- Maxwell, GA: less expensive homes
- Harmony, GA: less expensive homes
Cities with Similar Populations
- Stovall, VA: less expensive homes
- Humptulips, WA: less expensive homes
- Hunter, LA: less expensive homes
- Hunter, OK: less expensive homes
- Steen Town, NC: less expensive homes
- Steptoe, WA: less expensive homes
- Stockdale, IN: less expensive homes
- Stoneham, ME: less expensive homes
- Stony Point, TN: less expensive homes
- Hugo, OR: higher priced homes
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