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City · 12,233 residents · Salem County, New Jersey

Pennsville , New Jersey

In Pennsville, a typical home is worth $207,600 and typical rent is $1,252 a month. Compared with all of Salem County, the typical home value is 13% lower and the share of households that own their home is 8 points higher.

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  • Typical home value

    $207,600

    13% below the county

    54% below New Jersey

    • Pennsville
    • Salem
    • New Jersey

  • Typical rent

    $1,252a month

    About the same as the county

    27% below New Jersey

    • Pennsville
    • Salem
    • New Jersey

  • Typical household income

    $76,032a year

    5% below the county

    27% below New Jersey

    • Pennsville
    • Salem
    • New Jersey

  • Households that own their home

    79%

    8 points above the county

    15 points above New Jersey

    • Pennsville
    • Salem
    • New Jersey

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$276,881
3.4% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Pennsville is in Salem County. The FHA loan limit ($630,200 for a one-unit home), the fair market rents and the help on this page are those of all of Salem County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Pennsville apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Salem, the typical home value is $79,800: 62% less than in Pennsville ($207,600).

  2. Pennsville has the 15th lowest typical home value of the 293 cities in New Jersey with more than 5,000 people ($207,600).

  3. Nearby, in Paulsboro, the typical rent is $976: 22% less than in Pennsville ($1,252).

  4. Pennsville has the 20th lowest typical rent of the 283 cities in New Jersey with more than 5,000 people ($1,252).

  5. 79% of households in Pennsville own their home, against 71% in Salem County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Pennsville

What homes there are in Pennsville, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Pennsville, 8 in 10 homes are single-family detached houses; in Salem County, 7.

Year built

In Pennsville, half of the homes were built before 1962; in Salem County, before 1962.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

With an FHA limit of $630,200, at least 98% of owner-occupied homes in Pennsville sit below it: they are worth less than $500,000.

Monthly rent with utilities

With a mortgage

$2,022 a month

Salem County: $2,074 a month

Without a mortgage

$1,082 a month

Salem County: $1,009 a month

Owners with a mortgage

63%

Salem County: 57%

In Pennsville, 63% of owners have a mortgage; their typical cost is $2,022 a month, about the same as in Salem County.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The boundaries of Pennsville changed since 2015–2019, so the Census does not compare its figures from then and now. In Salem County, the typical home value rose 30%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasurePennsvilleSalem CountyNew JerseyUnited States
Rental vacancy Unreliable estimate6.3%3.5%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.7%0.9%
More than one person per room Unreliable estimate1.1%4.0%3.4%
People per household 2.472.572.622.53
Drive alone 83%80%62%69%
Carpool 7%7%8%9%
Public transit Unreliable estimate1%8%3%
Walk or bike Unreliable estimate1%3%3%
Work from home 9%10%17%15%
Other means Unreliable estimate2%2%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

A household in Pennsville has 2.47 people on average, about the same as in Salem County (2.57).

In Pennsville, 83% of workers drive alone to work; in Salem County, 80%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Pennsville?

A typical home is tight for the typical income

We start with a typical home in Pennsville, worth $207,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 34% of the typical household income in Pennsville, which is $76,032 a year. For that payment to be 28% of income, a household would need to earn about $93,218 a year.

The calculator's FHA and conventional loan limits are those of all of Salem County.

Your numbers

Local data
$

Starts at the typical home value in Pennsville. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $7,266 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$2,175

at 7.18% · 30 years

Loan amount
$203,840
Total interest
$293,278
Paid off in
November 2056

Includes $3,506 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,774 a month

  • Tight

    $1,774 to $2,281 a month

    Your payment · 34%

  • Hard

    more than $2,281 a month

Compared with the typical household income in Pennsville ($76,032 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$2,175
Principal & interest$1,381
Property tax$616
Home insurance$87
FHA mortgage insurance (MIP)$92

You need at least $7,266 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Pennsville and Salem County

Pennsville is in Salem County, New Jersey. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Pennsville's own numbers

Typical home value
$207,600
Typical monthly rent
$1,252
Typical yearly household income
$76,032
Households that own their home
79%
Effective property tax rate
3.56%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Salem County

FHA limit, one-unit home
$630,200
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,860
Price change over 5 years (FHFA)
+69%
Homes in a high flood-risk zone
17%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Salem County.

Everything about Salem County

Buying

Buying a home in Pennsville

A typical home in Pennsville is worth $207,600: 13% below the county and 54% below New Jersey. With the typical household income in Pennsville ($76,032 a year), a typical home costs 2.7 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Pennsville 2.7 years
  • Salem 3.0 years
  • New Jersey 4.4 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Salem County

According to FHFA’s house price index, home prices in Salem County rose 79% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Salem County.

Period County New Jersey U.S.
Last year (2025) +4.6% +6.2% +2.9%
5 years (2020–2025) +69% +63% +47%
10 years (2015–2025) +79% +88% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Pennsville next to Salem County, New Jersey and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Pennsville $207,600
  • Salem $239,500
  • New Jersey $454,400
  • United States $332,700
Typical monthly rent
  • Pennsville $1,252
  • Salem $1,253
  • New Jersey $1,720
  • United States $1,413
Typical yearly household income
  • Pennsville $76,032
  • Salem $79,960
  • New Jersey $103,556
  • United States $80,734
See the full table
Pennsville next to Salem County and New Jersey
Measure Pennsville Salem County New Jersey U.S.
Typical home value $207,600 $239,500 $454,400 $332,700
Typical monthly rent $1,252 $1,253 $1,720 $1,413
Typical yearly household income $76,032 $79,960 $103,556 $80,734
Households that own their home 79% 71% 64% 65%
Typical yearly property tax $7,398 $7,018 $9,590 $3,119
Effective property tax rate 3.56% 2.93% 2.11% 0.94%
Renters with high rent for their income 60% 55% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Salem County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Pennsville

For a typical $207,600 home in Pennsville, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Pennsville's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $2,175a month

    Least cash to close
    Down payment
    $7,266
    Cash to close
    $13,494
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $92

  • Conventional, 5% down $2,137a month

    Down payment
    $10,380
    Cash to close
    $16,608
    Rate
    7.18%
    Mortgage insurance
    PMI · $99

  • Conventional, 20% down, no PMI $1,827a month

    Down payment
    $41,520
    Cash to close
    $47,748
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,019a month

    Down payment
    $31,140
    Cash to close
    $37,368
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Pennsville and for Salem County.

Property tax

Effective rate in Pennsville

3.56%of the home’s value each year

$7,398 a year for the typical owner in Pennsville.

  • Pennsville 3.56%
  • Salem 2.93%
  • New Jersey 2.11%

What New Jersey publishes ANCHOR, Senior Freeze and Stay NJ: one combined application (New Jersey Division of Taxation)

Exemptions and deadlines in New Jersey

Flood risk in Salem County

FEMA does not publish these numbers by city: they are for all of Salem County.

Homes in the high-risk zone
17%
3,723
Of those, with NFIP insurance
39%
County New Jersey U.S.
Homes in the high-risk zone 17% 6.7% 3.5%
Of those, with NFIP insurance 39% 63% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Pennsville

Typical rent in Pennsville is $1,252 a month: about the same as the county. In Pennsville, 60% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Salem County, by unit size. To pay the 2-bedroom one ($1,860 a month) without spending more than 30% of your income, you would need to earn $35.77 an hour working full time.

HUD fair market rent for all of Salem County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,438 $27.65 $57,520
1 bedroom $1,558 $29.96 $62,320
2 bedrooms $1,860 $35.77 $74,400
3 bedrooms $2,216 $42.62 $88,640
4 bedrooms $2,445 $47.02 $97,800

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Pennsville

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Pennsville has 2 ZIP codes with their own.

For 2 bedrooms it runs from $1,630 in 08070 to $2,440 in 08023.

1 of the 2 is above the fair market rent for Salem County ($1,860).

  • 08023 $2,440$2,910
  • 08070 $1,630$1,940

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Pennsville when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Pennsville

HUD lists 3 buildings with rents for lower incomes in Pennsville. These are the largest.

  • Kent Street Housing 11 Kent Ave, Pennsville 101 low-income homes · In service since 2007
  • Pennsville Towers 40 Eaton Rd, Pennsville 08070 100 homes, 99 low-income · For older adults
  • CSPNJ Homes 2006 24 Oberlin Rd, Pennsville 08070 6 low-income homes · For people with disabilities

See all 25 buildings in Salem County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Pennsville

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Salem County. The nearest ones are below; many serve by phone or online.

A grandmother pushes her grandson on a playground swing.

HUD counseling is free or low-cost

Assistance programs in Pennsville

No down payment, repair or rent-help program on our list is for Pennsville or Salem County. The ones below are statewide in New Jersey: they work in Pennsville the same as in the rest of the state.

Which programs do I qualify for? All programs in New Jersey

Housing counselors near Pennsville

The HUD-approved agencies closest to the center of Pennsville, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Financial Wellness Institute Inc

    3 S Broad St, Woodbury · 22 miles away

    • Budget and financial counseling
    • Budget and credit workshops
    • and 6 more
    (856) 251-0311

  • Neighborhood Housing Services of Camden, Inc

    601-603 Clinton Street, Camden · 28 miles away · Spanish

    Also serves in Vietnamese.

    • Budget and financial counseling
    • Fair housing pre-purchase workshops
    • and 5 more
    (856) 541-0720

  • Parkside Business and Community in Partnership, Inc.

    1487 Kenwood Avenue, Camden · 29 miles away

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 3 more
    856-964-0440-15

All counseling agencies in New Jersey

Help in Spanish near Pennsville

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Pennsville

In HUD’s record, no housing authority with an office in Salem County is named for Pennsville or Salem County.

2 other authorities have an office in Salem County: see the list Source: HUD

Cities

Other cities in Salem County

These cities are also in Salem County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Salem County Housing in New Jersey

Nearby cities

The cities closest to Pennsville, with the typical home value.

Neighboring counties

If Salem County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Pennsville.

All guides
A mother smiles as she carries her young daughter on her shoulders (black and white).

Questions

Housing questions about Pennsville

Short answers with the numbers for Pennsville and all of Salem County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Pennsville?

The typical home value in Pennsville is $207,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Salem County it is $239,500.

How much does it cost to rent in Pennsville?

Typical rent in Pennsville is $1,252 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Salem County is $1,860.

What is the FHA loan limit in Pennsville?

Pennsville uses the FHA limit for all of Salem County (2026): $630,200 for a one-unit home and $1,211,950 for a four-unit home.

How much property tax do owners pay in Pennsville?

The typical homeowner in Pennsville pays $7,398 a year, according to the U.S. Census Bureau. That is 3.56% of the home’s value; in Salem County, the rate is 2.93%.

Where can I find free help to buy or rent in Pennsville?

We found no HUD-approved counseling agencies with an office in Salem County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).