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These days, finding an affordable place to live in the Penns Beach area can be challenging. Home prices in Penns Beach are now at a median cost of $207,749, lower than the Pennsville average of $211,220.
The average cost of rent is $820/mo in Penns Beach, primarily driven by the current value of real estate in the Penns Beach area. In Penns Beach, 17.00% of households rent, and 30.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Penns Beach is $6,728 per month. Households that rent pay about 12.18% of their income on rent here. Penns Beach’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Browntown, Wilmington, DE: equally priced homes
- Downtown, Wilmington, DE: less expensive homes
- Hedgeville, Wilmington, DE: equally priced homes
- Hilltop, Wilmington, DE: equally priced homes
- Cool Springs, Wilmington, DE: higher priced homes
- The Flats, Wilmington, DE: higher priced homes
- Brandywine Village, Wilmington, DE: equally priced homes
- 9th Ward, Wilmington, DE: less expensive homes
- Baynard Village, Wilmington, DE: higher priced homes
- Northwest Wilmington, Wilmington, DE: higher priced homes
Neighborhoods with Similar Populations
- Bonhamtown, Edison, NJ: higher priced homes
- Ardenwald, Milwaukie, OR: higher priced homes
- West End, Albany, NY: less expensive homes
- Assumption Parish, San Leandro, CA: higher priced homes
- Atchison Woods, Richmond, CA: higher priced homes
- Aviation, Detroit, MI: less expensive homes
- Biscayne, Jacksonville, FL: higher priced homes
- Beverly Park, Hollywood, FL: higher priced homes
- Bay Colony, Baldwin Harbor, NY: higher priced homes
- Bayswater, Indianapolis, IN: less expensive homes
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