The Most Affordable Neighborhoods in Port Penn, DE by Home Value

 

Port Penn, DE Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Port Penn area can be challenging. Home prices in Port Penn are now at a median cost of $389,488, higher than the Delaware average of $282,938.

The average cost of rent is $1,320/mo in Port Penn, primarily driven by the current value of real estate in the Port Penn area. While nearly 29.54% of residents own their homes outright in Port Penn, 2.46% rent.

Housing affordability isn’t just about home prices, though. The average household income in Port Penn is $8,965 per month. Households that rent pay about 14.72% of their income on rent here. Port Penn's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.


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