
Home Price Key
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 $236,604, lower than the Utah average of $361,191.
The average cost of rent is $842/mo in Penrose, primarily driven by the current value of real estate in the Penrose area. While nearly 40.67% of residents own their homes outright in Penrose, 6.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in Penrose is $6,200 per month. Households that rent pay about 13.59% of their income on rent here. Penrose's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Thatcher, UT: equally priced homes
- Tremonton, UT: equally priced homes
- Elwood, UT: higher priced homes
- Bear River City, UT: higher priced homes
- Corinne, UT: equally priced homes
- Garland, UT: equally priced homes
- Honeyville, UT: higher priced homes
- Deweyville, UT: higher priced homes
- Howell, UT: equally priced homes
- Riverside, UT: higher priced homes
Cities with Similar Populations
- Hickory Hill, FL: less expensive homes
- Heathsville, IL: less expensive homes
- Heman, ID: equally priced homes
- Henrietta, OH: equally priced homes
- Henrieville, UT: less expensive homes
- Hentown, GA: less expensive homes
- Herkimer, KS: less expensive homes
- Hero, FL: equally priced homes
- Herr, IN: equally priced homes
- Heartwell, NE: equally priced homes
All Local Stats
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