The Most Affordable Neighborhoods in Mount Nebo, WV by Home Value

 

Mount Nebo, WV Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mount Nebo area can be challenging. Home prices in Mount Nebo are now at a median cost of $122,170, lower than the West Virginia average of $138,399.

The average cost of rent is $1,221/mo in Mount Nebo, primarily driven by the current value of real estate in the Mount Nebo area. While nearly 47.60% of residents own their homes outright in Mount Nebo, 16.63% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mount Nebo is $3,700 per month. Households that rent pay about 33.01% of their income on rent here. Mount Nebo's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.


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