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Affordable
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These days, finding an affordable place to live in the Otto area can be challenging. Home prices in Otto are now at a median cost of $162,716, lower than the West Virginia average of $177,366.
The average cost of rent is $570/mo in Otto, primarily driven by the current value of real estate in the Otto area. In Otto, 10.92% of households rent, and 65.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Otto is $3,444 per month. Households that rent pay about 16.54% of their income on rent here. Otto’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Clover, WV: less expensive homes
- Clio, WV: less expensive homes
- Arnoldsburg, WV: less expensive homes
- Roxalana, WV: less expensive homes
- Looneyville, WV: higher priced homes
- Spencer, WV: less expensive homes
- Richardson, WV: higher priced homes
- Milo, WV: less expensive homes
- Nancy Run, WV: higher priced homes
- Orma, WV: less expensive homes
Cities with Similar Populations
- Rosemont, GA: higher priced homes
- Long Lake, WI: equally priced homes
- Rocky Gap, VA: equally priced homes
- Romancoke on the Bay, MD: higher priced homes
- Rome, KY: higher priced homes
- Romeo, TN: equally priced homes
- Rondo, MO: higher priced homes
- Roosevelt, OK: less expensive homes
- Rosa, AL: higher priced homes
- Long Branch, PA: equally priced homes
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