The Most Affordable Neighborhoods in Ravenswood, WV by Home Value

 

Ravenswood, WV Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Ravenswood area can be challenging. Home prices in Ravenswood are now at a median cost of $115,387, lower than the West Virginia average of $138,399.

The average cost of rent is $859/mo in Ravenswood, primarily driven by the current value of real estate in the Ravenswood area. While nearly 56.68% of residents own their homes outright in Ravenswood, 26.85% rent.

Housing affordability isn’t just about home prices, though. The average household income in Ravenswood is $3,850 per month. Households that rent pay about 22.31% of their income on rent here. Ravenswood's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.


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