
Affordable
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These days, finding an affordable place to live in the Pennwyn area can be challenging. Home prices in Pennwyn are now at a median cost of $363,500, higher than the Pennsylvania average of $288,156.
The average cost of rent is $1,402/mo in Pennwyn, primarily driven by the current value of real estate in the Pennwyn area. In Pennwyn, 9.86% of households rent, and 41.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pennwyn is $5,875 per month. Households that rent pay about 23.86% of their income on rent here. Pennwyn’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.
Nearby Cities
- Shillington, PA: less expensive homes
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- West Wyomissing, PA: less expensive homes
- Wyomissing, PA: equally priced homes
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- Ridgewood, PA: less expensive homes
- Monterey, PA: less expensive homes
Cities with Similar Populations
- Sawdust, FL: less expensive homes
- Macatawa, MI: equally priced homes
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- Mansfield City, CT: less expensive homes
- Maple Hill, IA: less expensive homes
- Mariano Lake, NM: less expensive homes
- Marmot, OR: higher priced homes
- Marvel, WV: less expensive homes
- Sand Pass, NV: higher priced homes
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