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Affordable
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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 $160,800, lower than the Arkansas average of $207,061.
The average cost of rent is $646/mo in Pennys, primarily driven by the current value of real estate in the Pennys area. In Pennys, 2.79% of households rent, and 56.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pennys is $4,145 per month. Households that rent pay about 15.58% of their income on rent here. Pennys’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ben Lomond, AR: equally priced homes
- Lockesburg, AR: less expensive homes
- Stringtown, AR: equally priced homes
- Milford, AR: less expensive homes
- Brownstown, AR: equally priced homes
- Williamson, AR: equally priced homes
- Alleene, AR: less expensive homes
- Paraloma, AR: equally priced homes
- Wilton, AR: less expensive homes
- Walnut Springs, AR: equally priced homes
Cities with Similar Populations
- Steelmantown, NJ: higher priced homes
- Honobia, OK: less expensive homes
- Squib, KY: equally priced homes
- St. Benedict, LA: higher priced homes
- St. Mary, NE: less expensive homes
- St. Patrick, MO: equally priced homes
- St. Urbans, WA: higher priced homes
- Stacy, AR: less expensive homes
- Starbuck, WA: higher priced homes
- Hogsett, WV: less expensive homes
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