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Affordable
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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 $452,690, higher than the Delaware average of $361,617.
The average cost of rent is $1,603/mo in Port Penn, primarily driven by the current value of real estate in the Port Penn area. In Port Penn, 4.94% of households rent, and 23.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Port Penn is $10,924 per month. Households that rent pay about 14.67% of their income on rent here. Port Penn’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- St. Georges, DE: equally priced homes
- Delaware City, DE: less expensive homes
- Fort Elfsborg, NJ: less expensive homes
- Kirkwood, DE: higher priced homes
- Odessa, DE: less expensive homes
- Middletown, DE: equally priced homes
- Sinnickson Landing, NJ: less expensive homes
- Hancocks Bridge, NJ: less expensive homes
- Bear, DE: less expensive homes
- Salem, NJ: less expensive homes
Cities with Similar Populations
- Carter, OK: less expensive homes
- Cid, NC: less expensive homes
- Churubusco, NY: less expensive homes
- Churchton, MD: equally priced homes
- Chloe, WV: less expensive homes
- Cherry Hill, AR: less expensive homes
- Chataignier, LA: less expensive homes
- Chambers, NE: less expensive homes
- Center Hill, AR: less expensive homes
- Cedarville, CA: less expensive homes
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