The Most Affordable Neighborhoods in Cherry Falls, WV by Home Value

 

Cherry Falls, WV Map of Most Affordable Neighborhoods
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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 $100,753, lower than the West Virginia average of $138,399.

The average cost of rent is $656/mo in Cherry Falls, primarily driven by the current value of real estate in the Cherry Falls area. While nearly 68.42% of residents own their homes outright in Cherry Falls, 15.13% rent.

Housing affordability isn’t just about home prices, though. The average household income in Cherry Falls is $4,555 per month. Households that rent pay about 14.39% 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.


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