Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Penrose area can be challenging. Home prices in Penrose are now at a median cost of $637,488, lower than the Arlington average of $718,990.
The average cost of rent is $1,938/mo in Penrose, primarily driven by the current value of real estate in the Penrose area. While nearly 30.84% of residents own their homes outright in Penrose, 71.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in Penrose is $9,192 per month. Households that rent pay about 21.08% of their income on rent here. Penrose's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Nearby Neighborhoods
- Columbia Heghts, Arlington, VA: less expensive homes
- Lyon Park, Arlington, VA: higher priced homes
- Douglas Park, Arlington, VA: equally priced homes
- Nauck, Arlington, VA: equally priced homes
- Arlington Ridge, Arlington, VA: equally priced homes
- Ashton Heights, Arlington, VA: higher priced homes
- Clarendon, Arlington, VA: equally priced homes
- Barcroft, Arlington, VA: higher priced homes
- Buckingham, Arlington, VA: equally priced homes
- Long Branch Creek, Arlington, VA: less expensive homes
Neighborhoods with Similar Populations
- Bashford Manor, Louisville, KY: less expensive homes
- Bayside, Everett, WA: less expensive homes
- Linden Heights, Dayton, OH: less expensive homes
- Southwest Village, Wichita, KS: less expensive homes
- South Westside, Olympia, WA: less expensive homes
- Sobrante Park, Oakland, CA: less expensive homes
- Sehome, Bellingham, WA: less expensive homes
- Rose Village, Vancouver, WA: less expensive homes
- Rolling Mill Hill, Wilkes-Barre, PA: less expensive homes
- Prairie-Piper-KC-KS, Kansas City, KS: less expensive homes
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