Affordable
Expensive
Expensive
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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 $88,746, lower than the St. Louis average of $271,550.
The average cost of rent is $1,161/mo in Penrose, primarily driven by the current value of real estate in the Penrose area. In Penrose, 56.59% of households rent, and 48.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Penrose is $4,002 per month. Households that rent pay about 29.00% of their income on rent here. Penrose’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- O'Fallon, St. Louis, MO: less expensive homes
- The Greater Ville, St. Louis, MO: less expensive homes
- Mark Twain, St. Louis, MO: less expensive homes
- Wells-Goodfellow, St. Louis, MO: less expensive homes
- Jeff-Vander-Lou, St. Louis, MO: higher priced homes
- North Pointe, St. Louis, MO: equally priced homes
- Grand Center, St. Louis, MO: higher priced homes
- Central West End, St. Louis, MO: higher priced homes
- Baden, St. Louis, MO: less expensive homes
- Debaliviere Place, St. Louis, MO: higher priced homes
Neighborhoods with Similar Populations
- Virginia Park, Tampa, FL: higher priced homes
- Junior College Neighborhood Assc., Santa Rosa, CA: higher priced homes
- Mission Hills, Pittsburgh, PA: higher priced homes
- Monte Vista, San Antonio, TX: higher priced homes
- North Country Meadows, Oildale, CA: higher priced homes
- Oakwood, Waco, TX: higher priced homes
- Saint Francis Wood, San Francisco, CA: higher priced homes
- Tarrytown, Austin, TX: higher priced homes
- Uptown, New Orleans, LA: higher priced homes
- Utah Park, Aurora, CO: higher priced homes
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