The Most Affordable Neighborhoods in Red Jacket, WV by Home Value

 

Red Jacket, WV Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Red Jacket area can be challenging. Home prices in Red Jacket are now at a median cost of $83,019, lower than the West Virginia average of $138,399.

The average cost of rent is $385/mo in Red Jacket, primarily driven by the current value of real estate in the Red Jacket area. While nearly 69.41% of residents own their homes outright in Red Jacket, 33.28% rent.

Housing affordability isn’t just about home prices, though. The average household income in Red Jacket is $2,015 per month. Households that rent pay about 19.12% of their income on rent here. Red Jacket'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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