2024 · West Virginia
Rental yield in West Virginia
In 2024, the typical rental in West Virginia produced a gross yield of 6.2% — $883/mo median rent against a $171K median home value, ranking 2nd of 51 states.
6.2%
Gross rental yield
above the 4.9% U.S. median
$883/mo
Median gross rent
incl. utilities (ACS)
$171K
Median home value
owner-occupied (ACS)
West Virginia metros by yield
Metropolitan areas in West Virginia with at least 65,000 residents, ranked by gross rental yield.
| Metro | Gross yield | Median rent | Median value |
|---|---|---|---|
| Beckley, WV | 8.3% | $935/mo | $135K |
| Charleston, WV | 7.1% | $851/mo | $144K |
| Huntington-Ashland, WV-KY-OH | 6.9% | $914/mo | $160K |
| Weirton-Steubenville, WV-OH | 6.9% | $833/mo | $146K |
| Parkersburg-Vienna, WV | 6.1% | $879/mo | $172K |
| Wheeling, WV-OH | 5.7% | $775/mo | $163K |
| Morgantown, WV | 4.9% | $973/mo | $238K |
| Hagerstown-Martinsburg, MD-WV | 4.5% | $1,122/mo | $298K |
| Winchester, VA-WV | 4.4% | $1,359/mo | $372K |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 4.0% | $2,037/mo | $605K |
Frequently asked questions
What is the gross rental yield in West Virginia?
In 2024, West Virginia had a gross rental yield of 6.2% — $883/mo median gross rent against a $171K median home value. That ranks 2nd of 51 states (1 = highest yield). Nationally the figure was 4.9%.
Which West Virginia metros have the best rental yield?
Among West Virginia metros covered by the data, gross yield was highest in Beckley, WV (8.3%), Charleston, WV (7.1%), and Huntington-Ashland, WV-KY-OH (6.9%).
Does this account for expenses or financing?
No. Gross yield is a top-line market screen — it excludes property taxes, insurance, vacancy, management, and financing. Use it to compare markets, then run a specific deal through a cap-rate or cash-flow calculator.
How investors finance deals in West Virginia
Yield shows where the numbers work; our Investor Financing Report for West Virginia shows the rate premium, denial rate, and DSCR lending investors face there.
Run a West Virginia deal
Source: U.S. Census Bureau, American Community Survey 2024 1-year estimates. Gross rental yield = (median gross rent × 12) ÷ median home value. A market screen, not a net return.