The Most Affordable Neighborhoods in New Hamlin, WV by Home Value

 

New Hamlin, WV Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Hamlin area can be challenging. Home prices in New Hamlin are now at a median cost of $64,776, lower than the West Virginia average of $138,399.

The average cost of rent is $614/mo in New Hamlin, primarily driven by the current value of real estate in the New Hamlin area. While nearly 58.56% of residents own their homes outright in New Hamlin, 2.27% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Hamlin is $3,471 per month. Households that rent pay about 17.68% of their income on rent here. New Hamlin's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.


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