Metropolitan Area

Charleston, WV

West Virginia0
75
/100
Strong Buy
#91 of 894 metros
Top 10% nationally for investing

Market Snapshot

$148,817
Median Home Price
42% below national median
$1,265/mo
Median Rent
9% below national median
10.20%
Rent-to-Price Ratio
Top 1% nationally
+$42
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Home values and rents: available snapshot

Only one observation is stored for Charleston, WV. A historical trend cannot be calculated from this snapshot.

Typical home value (ZHVI)
$148,817
Source period: 2026-05-31
Monthly rent index (ZORI)
$1,265
Source period: 2026-05-31

Stored snapshot: 2026-06-29. Source dates describe the underlying observations, not today’s market.

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$148,817
Down Payment (20%)$29,763
Loan Amount$119,054
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,265
Monthly P&I-$780
Est. Expenses (35%)-$443
Net Cash Flow+$42/mo
6.6%
Cap Rate (all cash)
1.5%
Cash-on-Cash Return
10.20%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 6.6% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Score Breakdown

Overall Investment Score
75/100
75
Cash Flow(30%)
100/100

Based on 10.20% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
50/100

Based on 0.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
98/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Above-average rent-to-price ratio (10.20%)
  • +Affordable relative to local incomes
  • +Low unemployment (0.0%)

Challenges

  • -Negative leverage (cap rate 6.6% < mortgage rate 6.9%)

Counties in Charleston, WV

County data is being compiled for this metro area.

Section 8 in Charleston, WV: payment standards by ZIP, PHA waitlist status, and voucher counts are on VoucherMatch, the same HUD dataset with the tenant demand side attached.

Compare to Similar Metros

Metro AreaVerdict
Coffeyville, KS
Coffeyville, KS
85$101,366$86210.20%Strong BuyView
Blytheville, AR
Blytheville, AR
84$115,156$1,06411.08%Strong BuyView
Roanoke Rapids, NC
Roanoke Rapids, NC
84$107,523$1,07712.02%Strong BuyView
Enid, OK
Enid, OK
83$144,157$1,25010.40%Strong BuyView
Houghton, MI
Houghton, MI
83$194,696$1,73310.68%Strong BuyView
Current
Charleston, WV
75$148,817$1,26510.20%Strong Buy

The Bottom Line

Strong BuyCharleston, WV is a strong buy market with excellent fundamentals for buy-and-hold investors.

The Charleston, WV metro area scores 75/100, ranking #91 of 894 US metros (top 10%). The 10.20% rent-to-price ratio falls below the 1% monthly rent rule (12% annually). Check operating costs and financing before making an offer. At current rates with 20% down, a median-priced property could generate approximately $42/month in cash flow.

Monthly Cash Flow
+$42/mo
Cap Rate
6.6%
Cash-on-Cash
1.7%

Ready to Invest in Charleston, WV?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.