The Most Affordable Neighborhoods in Despard, WV by Home Value

 

Despard, WV Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Despard area can be challenging. Home prices in Despard are now at a median cost of $75,819, lower than the West Virginia average of $138,399.

The average cost of rent is $624/mo in Despard, primarily driven by the current value of real estate in the Despard area. While nearly 55.14% of residents own their homes outright in Despard, 54.08% rent.

Housing affordability isn’t just about home prices, though. The average household income in Despard is $3,479 per month. Households that rent pay about 17.95% of their income on rent here. Despard'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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