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These days, finding an affordable place to live in the Fairlea area can be challenging. Home prices in Fairlea are now at a median cost of $198,101, higher than the West Virginia average of $177,366.
The average cost of rent is $957/mo in Fairlea, primarily driven by the current value of real estate in the Fairlea area. In Fairlea, 44.65% of households rent, and 60.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fairlea is $3,038 per month. Households that rent pay about 31.49% of their income on rent here. Fairlea’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ronceverte, WV: less expensive homes
- Lewisburg, WV: higher priced homes
- Teaberry, WV: higher priced homes
- Caldwell, WV: higher priced homes
- Organ Cave, WV: less expensive homes
- Asbury, WV: higher priced homes
- Snowflake, WV: less expensive homes
- Maxwelton, WV: higher priced homes
- Richland, WV: less expensive homes
- Secondcreek, WV: less expensive homes
Cities with Similar Populations
- Atlanta, IL: less expensive homes
- Bismarck, MO: less expensive homes
- Dresden, ME: higher priced homes
- Starbuck, MN: higher priced homes
- Isle, MN: higher priced homes
- Kenefick, TX: higher priced homes
- Lake, MS: less expensive homes
- Louisville, NE: higher priced homes
- McRae, AR: less expensive homes
- Mora, ID: higher priced homes
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