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These days, finding an affordable place to live in the Penrod area can be challenging. Home prices in Penrod are now at a median cost of $147,494, lower than the Kentucky average of $219,615.
The average cost of rent is $718/mo in Penrod, primarily driven by the current value of real estate in the Penrod area. In Penrod, 10.73% of households rent, and 44.50% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Penrod is $5,097 per month. Households that rent pay about 14.09% of their income on rent here. Penrod’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dunmor, KY: higher priced homes
- Belton, KY: equally priced homes
- Beechmont, KY: less expensive homes
- Hollow Bill, KY: higher priced homes
- Harreldsville, KY: less expensive homes
- Jerico, KY: higher priced homes
- Rosewood, KY: higher priced homes
- Beech Creek, KY: less expensive homes
- Browder, KY: less expensive homes
- Wolf Lick, KY: equally priced homes
Cities with Similar Populations
- Frederick, SD: equally priced homes
- Sparta, MS: equally priced homes
- Fulton, KS: higher priced homes
- Friendsville, IL: equally priced homes
- French Mills, MO: equally priced homes
- Freeman, NY: equally priced homes
- Freeborn, MN: higher priced homes
- Fredville, MO: higher priced homes
- Fredonia, AL: higher priced homes
- Abington, CT: higher priced homes
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