Rent vs Buy in West Virginia
Compare 6 cities across West Virginia. Find out whether renting or buying makes more financial sense in your area.
6cities analyzed
Avg Home:$170,279
Avg Rent:$895/mo
Avg Price/Rent:11.5
West Virginia Housing Market Summary
6
Cities Analyzed
1
Favor Buying
2
Favor Renting
2
Toss-Up
Across West Virginia's 6 analyzed cities, the results are mixed with no clear winner statewide. Your decision depends heavily on which city you're considering.
The average home price in West Virginia is $170,279, with average rents at $895/month. This gives an average price-to-rent ratio of 11.5.
$Most Affordable Cities
$$Most Expensive Cities
All West Virginia Cities
Sorted by population. Click any city for detailed analysis.
| City | Median Price | Median Rent | Price/Rent | Break-even | Verdict |
|---|---|---|---|---|---|
| Charleston | $149,776.09 | $1,080.9 | 11.5 | N/A | Toss-up |
| Huntington | $166,212.37 | $956.85 | 14.5 | 4 yrs | Buy |
| Morgantown | $252,570.28 | $1,415.73 | 14.9 | N/A | Rent |
| Parkersburg | $170,623.83 | $942.92 | 15.1 | N/A | Rent |
| Wheeling | $154,458.23 | $971.31 | 13.3 | 7 yrs | Toss-up |
| Weirton | $128,031.69 | $0 | 0.0 | N/A | Insufficient-data |
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These are general analyses based on median values. Use our comprehensive Buy vs Rent calculator to input your specific income, savings, and financial goals.
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