The Most Affordable Neighborhoods in Morrisvale, WV by Home Value

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 $113,611, lower than the West Virginia average of $177,366.

The average cost of rent is $721/mo in Morrisvale, primarily driven by the current value of real estate in the Morrisvale area. In Morrisvale, 4.78% of households rent, and 83.65% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Morrisvale is $4,256 per month. Households that rent pay about 16.95% 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.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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