The Most Affordable Neighborhoods in Monterville, WV by Home Value

These days, finding an affordable place to live in the Monterville area can be challenging. Home prices in Monterville are now at a median cost of $78,717, lower than the West Virginia average of $177,366.

The average cost of rent is $891/mo in Monterville, primarily driven by the current value of real estate in the Monterville area. In Monterville, 2.50% of households rent, and 65.13% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Monterville is $3,620 per month. Households that rent pay about 24.61% of their income on rent here. Monterville’s most expensive areas are in the western 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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