The Most Affordable Neighborhoods in Mill Point, WV by Home Value

 

Mill Point, WV Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mill Point area can be challenging. Home prices in Mill Point are now at a median cost of $132,014, lower than the West Virginia average of $138,399.

The average cost of rent is $657/mo in Mill Point, primarily driven by the current value of real estate in the Mill Point area. While nearly 70.04% of residents own their homes outright in Mill Point, 12.82% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mill Point is $3,939 per month. Households that rent pay about 16.68% of their income on rent here. Mill Point's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.


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