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These days, finding an affordable place to live in the Penton area can be challenging. Home prices in Penton are now at a median cost of $196,900, lower than the Alabama average of $228,911.
The average cost of rent is $543/mo in Penton, primarily driven by the current value of real estate in the Penton area. In Penton, 19.17% of households rent, and 52.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Penton is $4,303 per month. Households that rent pay about 12.62% of their income on rent here. Penton’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
- Chapel Hill, AL: less expensive homes
- Marcoot, AL: less expensive homes
- Tiller Crossroads, AL: less expensive homes
- Pooles Crossroad, AL: less expensive homes
- Stroud, AL: less expensive homes
- Lafayette, AL: less expensive homes
- Peavy, AL: equally priced homes
- Dickert, AL: equally priced homes
- Five Points, AL: less expensive homes
- Wadley, AL: equally priced homes
Cities with Similar Populations
- Sunny Side, TX: equally priced homes
- Straits Corners, NY: less expensive homes
- Strangford, PA: less expensive homes
- String Prairie, TX: equally priced homes
- Stuart, AR: less expensive homes
- Sudbury, VT: higher priced homes
- Sugar Grove, KY: less expensive homes
- Sugar Valley, TX: equally priced homes
- Summerfield, LA: less expensive homes
- Hynson, MD: higher priced homes
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