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Affordable
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These days, finding an affordable place to live in the Troy area can be challenging. Home prices in Troy are now at a median cost of $71,925, lower than the West Virginia average of $177,366.
The average cost of rent is $631/mo in Troy, primarily driven by the current value of real estate in the Troy area. In Troy, 12.24% of households rent, and 51.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Troy is $4,603 per month. Households that rent pay about 13.71% of their income on rent here. Troy’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Leopold, WV: equally priced homes
- Vadis, WV: higher priced homes
- Coxs Mills, WV: higher priced homes
- Hurst, WV: higher priced homes
- Linn, WV: higher priced homes
- Alum Bridge, WV: higher priced homes
- Auburn, WV: higher priced homes
- Lucerne, WV: less expensive homes
- St. Clara, WV: higher priced homes
- Grove, WV: higher priced homes
Cities with Similar Populations
- Cassandra, PA: higher priced homes
- Camelot, TN: higher priced homes
- Campbell, AL: higher priced homes
- Caney City, TX: higher priced homes
- Canton, KY: higher priced homes
- Cardwell, KY: higher priced homes
- Carolan, AR: higher priced homes
- Carpenterville, OR: higher priced homes
- Casey Creek, KY: higher priced homes
- Callensburg, PA: higher priced homes
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