The Most Affordable Neighborhoods in Pennsville, OH by Home Value

These days, finding an affordable place to live in the Pennsville area can be challenging. Home prices in Pennsville are now at a median cost of $104,410, lower than the Ohio average of $236,816.

The average cost of rent is $930/mo in Pennsville, primarily driven by the current value of real estate in the Pennsville area. In Pennsville, 24.23% of households rent, and 64.42% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Pennsville is $2,837 per month. Households that rent pay about 32.78% of their income on rent here. Pennsville’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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