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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 $163,358, lower than the West Virginia average of $177,366.
The average cost of rent is $533/mo in Lake Floyd, primarily driven by the current value of real estate in the Lake Floyd area. In Lake Floyd, 14.21% of households rent, and 52.40% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lake Floyd is $6,223 per month. Households that rent pay about 8.57% of their income on rent here. Lake Floyd’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wolf Summit, WV: higher priced homes
- East Salem, WV: less expensive homes
- Flinderation, WV: equally priced homes
- Reynoldsville, WV: higher priced homes
- Marshville, WV: equally priced homes
- Salem, WV: less expensive homes
- Sun Valley, WV: higher priced homes
- Chiefton, WV: less expensive homes
- O'neil, WV: less expensive homes
- Industrial, WV: less expensive homes
Cities with Similar Populations
- Pulaski, IL: less expensive homes
- New Pittsburg, OH: higher priced homes
- New Rockport Colony, MT: higher priced homes
- New Taiton, TX: higher priced homes
- New Vernon, PA: higher priced homes
- Newdale, WV: equally priced homes
- Newton, WV: equally priced homes
- North Otis, MA: higher priced homes
- North Pownal, ME: higher priced homes
- Olive, MT: higher priced homes
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