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

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 $190,655, higher than the West Virginia average of $177,366.

The average cost of rent is $746/mo in Mill Point, primarily driven by the current value of real estate in the Mill Point area. In Mill Point, 10.25% of households rent, and 63.51% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Mill Point is $4,440 per month. Households that rent pay about 16.81% of their income on rent here. Mill Point’s most expensive areas are in the eastern 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.

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