Home Price Key
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Average
Expensive
These days, finding an affordable place to live in the Pennville area can be challenging. Home prices in Pennville are now at a median cost of $117,481, lower than the Indiana average of $175,617.
The average cost of rent is $784/mo in Pennville, primarily driven by the current value of real estate in the Pennville area. While nearly 49.00% of residents own their homes outright in Pennville, 19.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pennville is $4,766 per month. Households that rent pay about 16.45% of their income on rent here. Pennville's most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Powers, IN: less expensive homes
- Redkey, IN: less expensive homes
- Ridgeville, IN: less expensive homes
- Como, IN: equally priced homes
- Dunkirk, IN: less expensive homes
- Albany, IN: equally priced homes
- Blaine, IN: higher priced homes
- Collett, IN: higher priced homes
- Bluff Point, IN: higher priced homes
- Randolph, IN: less expensive homes
Cities with Similar Populations
- Highland, WI: higher priced homes
- Dallesport, WA: higher priced homes
- Creekside, PA: higher priced homes
- Cobbs Creek, VA: higher priced homes
- Clark Fork, ID: higher priced homes
- Chaumont, NY: higher priced homes
- Cerro Gordo, IL: less expensive homes
- Carolina, RI: higher priced homes
- Cannon Beach, OR: higher priced homes
- Bressler, PA: equally priced homes
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