The Most Affordable Neighborhoods in Morrisvale, WV by Home Value

 

Morrisvale, WV Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Morrisvale area can be challenging. Home prices in Morrisvale are now at a median cost of $102,529, lower than the West Virginia average of $138,399.

The average cost of rent is $633/mo in Morrisvale, primarily driven by the current value of real estate in the Morrisvale area. While nearly 92.90% of residents own their homes outright in Morrisvale, 16.94% rent.

Housing affordability isn’t just about home prices, though. The average household income in Morrisvale is $3,376 per month. Households that rent pay about 18.75% of their income on rent here. Morrisvale's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.


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