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These days, finding an affordable place to live in the Cherry Falls area can be challenging. Home prices in Cherry Falls are now at a median cost of $80,083, lower than the West Virginia average of $177,366.
The average cost of rent is $755/mo in Cherry Falls, primarily driven by the current value of real estate in the Cherry Falls area. In Cherry Falls, 20.46% of households rent, and 77.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Cherry Falls is $3,573 per month. Households that rent pay about 21.12% of their income on rent here. Cherry Falls’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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