The Most Affordable Neighborhoods in Lake Floyd, WV by Home Value

 

Lake Floyd, WV Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Lake Floyd area can be challenging. Home prices in Lake Floyd are now at a median cost of $131,422, lower than the West Virginia average of $138,399.

The average cost of rent is $747/mo in Lake Floyd, primarily driven by the current value of real estate in the Lake Floyd area. While nearly 69.67% of residents own their homes outright in Lake Floyd, 6.93% rent.

Housing affordability isn’t just about home prices, though. The average household income in Lake Floyd is $4,922 per month. Households that rent pay about 15.18% of their income on rent here. Lake Floyd's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.


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