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:$149,167
Avg Rent:$825/mo
Avg Price/Rent:15.1
West Virginia Housing Market Summary
6
Cities Analyzed
6
Favor Buying
0
Favor Renting
0
Toss-Up
Across West Virginia's 6 analyzed cities, the majority (6 cities) favor buying over renting. This suggests West Virginia generally offers good value for homebuyers.
The average home price in West Virginia is $149,167, with average rents at $825/month. This gives an average price-to-rent ratio of 15.1.
$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 | $145,000 | $800 | 15.1 | 4 yrs | Buy |
| Huntington | $150,000 | $850 | 14.7 | 4 yrs | Buy |
| Morgantown | $145,000 | $900 | 13.4 | 3 yrs | Buy |
| Parkersburg | $165,000 | $850 | 16.2 | 5 yrs | Buy |
| Wheeling | $145,000 | $750 | 16.1 | 5 yrs | Buy |
| Weirton | $145,000 | $800 | 15.1 | 3 yrs | Buy |
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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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