The Most Affordable Neighborhoods in Oak Flat, WV by Home Value

 

Oak Flat, WV Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Oak Flat area can be challenging. Home prices in Oak Flat are now at a median cost of $144,185, higher than the West Virginia average of $138,399.

The average cost of rent is $393/mo in Oak Flat, primarily driven by the current value of real estate in the Oak Flat area. While nearly 86.39% of residents own their homes outright in Oak Flat, 11.24% rent.

Housing affordability isn’t just about home prices, though. The average household income in Oak Flat is $2,453 per month. Households that rent pay about 16.00% of their income on rent here. Oak Flat's most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.


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