
Home Price Key
These days, finding an affordable place to live in the Penns Neck area can be challenging. Home prices in Penns Neck are now at a median cost of $636,155, higher than the New Jersey average of $388,929.
The average cost of rent is $1,948/mo in Penns Neck, primarily driven by the current value of real estate in the Penns Neck area. While nearly 29.93% of residents own their homes outright in Penns Neck, 24.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Penns Neck is $14,776 per month. Households that rent pay about 13.18% of their income on rent here. Penns Neck's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Princeton Junction, NJ: equally priced homes
- Plainsboro, NJ: equally priced homes
- Princeton, NJ: higher priced homes
- Princeton Meadows, NJ: less expensive homes
- Kingston, NJ: less expensive homes
- Windsor, NJ: less expensive homes
- Cranbury, NJ: less expensive homes
- Rosedale, NJ: higher priced homes
- Mercerville, NJ: less expensive homes
- Hamilton Square, NJ: less expensive homes
Cities with Similar Populations
- Salem, AR: less expensive homes
- Fairchance, PA: less expensive homes
- Fort Wingate, NM: less expensive homes
- Goodells, MI: less expensive homes
- Holtville, AL: less expensive homes
- Ardmore, TN: less expensive homes
- Mayville, NY: less expensive homes
- Parish, NY: less expensive homes
- Pecos, NM: less expensive homes
- Huntsburg, OH: less expensive homes
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