Yes, an itchy penis is a common symptom of balanitis. Other symptoms of the condition include: redness, swelling, and soreness around the head of the penis an unpleasant odour thick discharge under the foreskin pain when peeing a tight foreskin that won’t pull back (phimosis) a rash or ulcers ::: body-ad-mobile zones:: 232632,232545,227375,232642 types:: 5 disclaimer:: ADVERTISEMENT typeFilter:: display adCount:: 1 :::