States › New Jersey › Pennsville

Is Pennsville, NJ expensive to live in?

OKRent takes 22 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,52513% lower than U.S. average
💵 Families earn per year (2026)$82,001about $6,833/month · 6% lower than U.S. average
🔑 House price$207,60038% lower than U.S. average

Rent is lower than in 56% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (78.9%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $61,000 a year. That is $29 an hour at a full-time job.

Is rent cheaper than other New Jersey cities?

Yes. Rent here is cheaper than in most of New Jersey. It is number 27 of 291 cities from cheapest to most expensive.

Pennsville
$1,525
$2,130

How much do households earn in Pennsville?

Under $25k
13.6%
$25k–50k
18.6%
$50k–100k
36.5%
$100k–150k
20.0%
$150k+
8.0%

Share of households by yearly income. 28.0% of households earn $100,000 or more.

Rent by apartment size in Pennsville

SizePennsvilleU.S. average
Studio$1,161$1,338
1 bedroom$1,196$1,324
2 bedrooms$1,661$1,509
3 bedrooms$1,746$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Pennsville overall?

Everyday prices in New Jersey overall are 9% above the U.S. average (index 108.8, U.S. = 100).

Housing
134
Goods (food, clothes…)
107
Utilities
114
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Pennsville, so the New Jersey figure is shown.

Taxes and bills in Pennsville

🏛️ Property tax$7,398a year · 3.56% of home value · U.S. $3,119
⚡ Electric bill$178a month (typical) · U.S. $156

Life in Pennsville

Commute to work24.8 minU.S.: 26.4 min
College degree21.9%U.S.: 35.7%
Own their home78.9%U.S.: 65.2%
Below poverty line12.5%U.S.: 12.5%
Unemployment11.9%U.S.: 5.2%

Is it cheaper to rent or buy in Pennsville?

Buying is cheaper month to month: about $85 a month less than renting.

Renting
$1,525
Owning
$1,440

Owning assumes a typical $207,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $20,760 for the down payment.

Frequently asked questions

What is the average rent in Pennsville, NJ?

Renting in Pennsville costs a median of about $1,525 a month in 2026, including utilities. The New Jersey median is $2,240.

How much do I need to make to live in Pennsville?

To keep rent under 30% of income, you need about $61,000 a year, or $29 an hour at a full-time job.

Is Pennsville cheap or expensive?

Pennsville is rated OK: rent takes 22.3% of the typical household income of $82,001. It ranks 27th cheapest of 291 New Jersey cities we track.

How much are property taxes in Pennsville?

The median homeowner in Pennsville pays $7,398 a year in property taxes, about 3.56% of the median home value.

Is Pennsville more expensive than the national average?

Overall prices in New Jersey are 9% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Pennsville?

The median home value in Pennsville is $207,600, about 2.5 times the typical yearly household income.

12,233 people live in Pennsville. Numbers are typical (middle) values.