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These days, finding an affordable place to live in the Pennys area can be challenging. Home prices in Pennys are now at a median cost of $83,200, lower than the Arkansas average of $160,541.
The average cost of rent is $604/mo in Pennys, primarily driven by the current value of real estate in the Pennys area. While nearly 58.27% of residents own their homes outright in Pennys, 13.61% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pennys is $3,278 per month. Households that rent pay about 18.43% of their income on rent here. Pennys's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Ben Lomond, AR: equally priced homes
- Lockesburg, AR: equally priced homes
- Stringtown, AR: higher priced homes
- Milford, AR: equally priced homes
- Brownstown, AR: equally priced homes
- Williamson, AR: higher priced homes
- Alleene, AR: equally priced homes
- Paraloma, AR: equally priced homes
- Wilton, AR: equally priced homes
- Walnut Springs, AR: higher priced homes
Cities with Similar Populations
- Steelmantown, NJ: higher priced homes
- Honobia, OK: higher priced homes
- Squib, KY: higher priced homes
- St. Benedict, LA: higher priced homes
- St. Mary, NE: higher priced homes
- St. Patrick, MO: higher priced homes
- St. Urbans, WA: higher priced homes
- Stacy, AR: higher priced homes
- Starbuck, WA: higher priced homes
- Hogsett, WV: equally priced homes
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