Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Raleigh area can be challenging. Home prices in Raleigh are now at a median cost of $83,338, lower than the West Virginia average of $138,399.
The average cost of rent is $865/mo in Raleigh, primarily driven by the current value of real estate in the Raleigh area. While nearly 56.06% of residents own their homes outright in Raleigh, 31.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Raleigh is $3,419 per month. Households that rent pay about 25.29% of their income on rent here. Raleigh's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Fitzpatrick, WV: less expensive homes
- MaCarthur, WV: higher priced homes
- Beckley, WV: higher priced homes
- Beaver, WV: higher priced homes
- Sprague, WV: higher priced homes
- Mabscott, WV: higher priced homes
- Skelton, WV: higher priced homes
- Stanaford, WV: higher priced homes
- Crab Orchard, WV: higher priced homes
- Daniels, WV: higher priced homes
Cities with Similar Populations
- Burgoyne, NY: higher priced homes
- Walnut City, IA: higher priced homes
- Walnut, AR: higher priced homes
- Carey, TX: higher priced homes
- Capulin, NM: higher priced homes
- Capels, WV: less expensive homes
- Canoncito, NM: higher priced homes
- Caney Valley, AR: higher priced homes
- Canaan, MO: higher priced homes
- Camp Crook, SD: higher priced homes
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