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

These days, finding an affordable place to live in the Falls Mill area can be challenging. Home prices in Falls Mill are now at a median cost of $177,900, higher than the West Virginia average of $177,366.

The average cost of rent is $594/mo in Falls Mill, primarily driven by the current value of real estate in the Falls Mill area. In Falls Mill, 21.55% of households rent, and 76.04% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Falls Mill is $3,563 per month. Households that rent pay about 16.67% of their income on rent here. Falls Mill’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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