Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lake Ridge area can be challenging. Home prices in Lake Ridge are now at a median cost of $109,275, lower than the West Virginia average of $138,399.
The average cost of rent is $710/mo in Lake Ridge, primarily driven by the current value of real estate in the Lake Ridge area. While nearly 81.22% of residents own their homes outright in Lake Ridge, 23.38% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Ridge is $4,128 per month. Households that rent pay about 17.21% of their income on rent here. Lake Ridge's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Rosemont, WV: equally priced homes
- Flemington, WV: higher priced homes
- Maple Lake, WV: higher priced homes
- Meadland, WV: higher priced homes
- Wendel, WV: less expensive homes
- Saltwell, WV: higher priced homes
- Ryanville, WV: higher priced homes
- Simpson, WV: higher priced homes
- Oral Lake, WV: higher priced homes
- Bridgeport, WV: higher priced homes
Cities with Similar Populations
- Northfield, ME: higher priced homes
- Oaky Streak, AL: less expensive homes
- Oakton, KY: less expensive homes
- Oakmulgee, AL: higher priced homes
- Oak Flat, WV: higher priced homes
- Nutterville, WV: higher priced homes
- Noyes, MN: higher priced homes
- Norton, VT: higher priced homes
- Northway, AK: less expensive homes
- Oates, MO: higher priced homes
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