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These days, finding an affordable place to live in the London area can be challenging. Home prices in London are now at a median cost of $57,000, lower than the West Virginia average of $177,366.
The average cost of rent is $585/mo in London, primarily driven by the current value of real estate in the London area. In London, 19.82% of households rent, and 89.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in London is $3,901 per month. Households that rent pay about 15.00% of their income on rent here. London’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.
Nearby Cities
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Cities with Similar Populations
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