The Most Affordable Neighborhoods in Ellenboro, WV by Home Value

 

Ellenboro, WV Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ellenboro area can be challenging. Home prices in Ellenboro are now at a median cost of $124,224, lower than the West Virginia average of $138,399.

The average cost of rent is $506/mo in Ellenboro, primarily driven by the current value of real estate in the Ellenboro area. While nearly 65.23% of residents own their homes outright in Ellenboro, 15.83% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ellenboro is $4,467 per month. Households that rent pay about 11.32% of their income on rent here. Ellenboro's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.


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