Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cheat Lake area can be challenging. Home prices in Cheat Lake are now at a median cost of $320,947, higher than the West Virginia average of $138,399.
The average cost of rent is $1,114/mo in Cheat Lake, primarily driven by the current value of real estate in the Cheat Lake area. While nearly 40.13% of residents own their homes outright in Cheat Lake, 20.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cheat Lake is $9,231 per month. Households that rent pay about 12.07% of their income on rent here. Cheat Lake's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Baker Ridge, WV: equally priced homes
- Brookhaven, WV: less expensive homes
- Dellslow, WV: less expensive homes
- Morgantown, WV: less expensive homes
- Rohr, WV: less expensive homes
- West Van Voorhis, WV: less expensive homes
- Lake Lynn, PA: less expensive homes
- Pisgah, WV: less expensive homes
- Point Marion, PA: less expensive homes
- Westover, WV: less expensive homes
Cities with Similar Populations
- Minerva, OH: less expensive homes
- Middlebury, VT: equally priced homes
- Middlefield, OH: less expensive homes
- Middlesex, NC: less expensive homes
- Middleton, MA: higher priced homes
- Middletown, KY: less expensive homes
- Midland, NC: less expensive homes
- Mifflinburg, PA: less expensive homes
- Miles City, MT: less expensive homes
- Wingate, NC: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood