Penney Farms, FL
Full City Profile · Florida · Clay County County
4.6
/5.0
A+
Excellent
573
Population
392/sq mi density
$60,625
Median Income
$34,542 per capita
$213,300
Home Value
$461,236 Zillow
$1,893
Median Rent
42.4% income on rent
71°F
Avg Temperature
A+
Overall
4.6 / 5.0
Strong
A
Economy
4.2 / 5.0
$60,625 median income, 0.0% unemployment
A+
Affordability
4.7 / 5.0
$213,300 home value, $1,893/mo rent
A+
Education
5.0 / 5.0
51.5% bachelor's degree or higher
Housing Overview
Median Home Value
$213,300
24% below
US avg: $281,900
Median Rent
$1,893/mo
63% above
US avg: $1,163/mo
Homeownership Rate
14.0%
79% below US avg (65.4%)
Total Housing Units
309
Median year built: 1958
Home Value by Source
Census Median
$213,300
Zillow (ZHVI)
$461,236
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
14.0%
Owner-Occupied
86.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent:
$1,893/mo
Affordability & Housing Stock
Rent Burden
42.4%
of renters spending 30%+ of income on housing
37% above US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
14.0%
Complete Housing Data
Home Values
| Census Median Value | $213,300 |
| Zillow Home Value (ZHVI) | $461,236 |
Rent
| Census Median Rent | $1,893 |
| FMR Studio | $1,212 |
| FMR 1-Bedroom | $1,296 |
| FMR 2-Bedroom | $1,526 |
| FMR 3-Bedroom | $1,971 |
| FMR 4-Bedroom | $2,261 |
Market
Ownership & Stock
| Owner-Occupied | 14.0% |
| Renter-Occupied | 86.0% |
| Homeownership Rate | 14.0% |
| Total Housing Units | 309 |
| Median Year Built | 1958 |
| Rent Burden | 42.4% |