Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Penns area can be challenging. Home prices in Penns are now at a median cost of $81,669, lower than the Mississippi average of $145,564.
The average cost of rent is $554/mo in Penns, primarily driven by the current value of real estate in the Penns area. While nearly 66.47% of residents own their homes outright in Penns, 15.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in Penns is $3,306 per month. Households that rent pay about 16.77% of their income on rent here. Penns's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Crawford, MS: equally priced homes
- Trinity, MS: less expensive homes
- Artesia, MS: higher priced homes
- Sessums, MS: higher priced homes
- Oktoc, MS: higher priced homes
- Lynn Creek, MS: less expensive homes
- Clayton Village, MS: less expensive homes
- Mayhew, MS: higher priced homes
- Brooksville, MS: less expensive homes
- Deerbrook, MS: less expensive homes
Cities with Similar Populations
- Smith Valley, NY: higher priced homes
- Indian Neck, VA: higher priced homes
- Indianola, PA: higher priced homes
- Industry, KS: higher priced homes
- Ingham Mills, NY: higher priced homes
- Ivanhoe, GA: higher priced homes
- Siddonsville, AL: less expensive homes
- Simpson, MT: higher priced homes
- Sivells Bend, TX: higher priced homes
- Slade, KY: higher priced homes
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