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These days, finding an affordable place to live in the McDowell area can be challenging. Home prices in McDowell are now at a median cost of $77,772, lower than the Kentucky average of $219,615.
The average cost of rent is $553/mo in McDowell, primarily driven by the current value of real estate in the McDowell area. In McDowell, 29.57% of households rent, and 79.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in McDowell is $2,532 per month. Households that rent pay about 21.85% of their income on rent here. McDowell’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Drift, KY: equally priced homes
- Hi Hat, KY: equally priced homes
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- Wayland, KY: higher priced homes
- Dema, KY: equally priced homes
- Teaberry, KY: equally priced homes
- Galveston, KY: higher priced homes
- Eastern, KY: higher priced homes
Cities with Similar Populations
- Alexandria Bay, NY: higher priced homes
- South Coatesville, PA: higher priced homes
- Sheldon, WI: higher priced homes
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- Meltonville, MS: higher priced homes
- Mauk, GA: higher priced homes
- Maple Bluff, WI: higher priced homes
- Manquin, VA: higher priced homes
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