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These days, finding an affordable place to live in the Penokee area can be challenging. Home prices in Penokee are now at a median cost of $79,500, lower than the Kansas average of $243,949.
The average cost of rent is $734/mo in Penokee, primarily driven by the current value of real estate in the Penokee area. In Penokee, 4.22% of households rent, and 78.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Penokee is $4,465 per month. Households that rent pay about 16.44% of their income on rent here. Penokee’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
- Morland, KS: equally priced homes
- Hill City, KS: higher priced homes
- St. Peter, KS: higher priced homes
- Studley, KS: higher priced homes
- Bogue, KS: equally priced homes
- Tasco, KS: higher priced homes
- Voda, KS: higher priced homes
- Lenora, KS: higher priced homes
- New Almelo, KS: higher priced homes
- Edmond, KS: higher priced homes
Cities with Similar Populations
- Sloan, NV: higher priced homes
- Silver Lake, WV: higher priced homes
- Silver Valley, TX: higher priced homes
- Silverdale, IN: higher priced homes
- Simcoe, MO: higher priced homes
- Simcoe, ND: higher priced homes
- Sinclair, IL: higher priced homes
- Sitka, IN: higher priced homes
- Sitka, SD: higher priced homes
- Skaggs, KY: less expensive homes
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