The Most Affordable Neighborhoods in Falling Spring, WV by Home Value

 

Falling Spring, WV Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Falling Spring area can be challenging. Home prices in Falling Spring are now at a median cost of $108,641, lower than the West Virginia average of $138,399.

The average cost of rent is $714/mo in Falling Spring, primarily driven by the current value of real estate in the Falling Spring area. While nearly 68.92% of residents own their homes outright in Falling Spring, 10.29% rent.

Housing affordability isn’t just about home prices, though. The average household income in Falling Spring is $2,724 per month. Households that rent pay about 26.22% of their income on rent here. Falling Spring's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.


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