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Market MapWest VirginiaJefferson

Jefferson County

West VirginiaPopulation: 58,043
59
/100
Hold
#0 of 0 counties
#31 in West Virginia (55 counties)
Analysis by RentalCalcs Research·Independent data + algorithm-driven scoring
Updated July 20, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$403,969
Median Home Price
0% below national median
$1,940/mo
Median Rent
0% below national median
5.76%
Rent-to-Price Ratio
Top 50% nationally
-$856
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Scenario comparison

Same $1,940/mo rent assumption, 20% down, 6.85% rate. What changes is the acquisition price.
ScenarioPurchase priceMonthly cash flowCap rateCash-on-cash
75% of median
value-add or distressed
$302,977-$327/mo5.0%-5.6%
Median
typical MLS deal
$403,969-$856/mo3.8%-11.1%
125% of median
newer / premium
$504,961-$1,386/mo3.0%-14.3%

Price History

Median Home Price

Median Rent

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$403,969
Down Payment (20%)$80,794
Loan Amount$323,175
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,940
Monthly P&I-$2,118
Est. Expenses (35%)-$679
Net Cash Flow-$856/mo
3.8%
Cap Rate (all cash)
-11.1%
Cash-on-Cash Return
5.76%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.8% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
59/100
59
Cash Flow(30%)
56/100

Based on 5.76% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
82/100

Based on 3.7% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
43/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

  • +Complete rent data available

Challenges

  • -Negative cash flow at typical financing (-$856/mo)
  • -Negative leverage (cap rate 3.8% < mortgage rate 6.9%)

Economic Indicators

Population
58,043
Median Income
—
Data pending
Unemployment Rate
—
Data pending
Price-to-Income
—
Data pending

Who this market fits

Best for
  • +All-cash buyers: removing debt service flips the cap rate to actual yield
Skip if
  • −You need positive cash flow on day one at typical leverage
  • −You can't tolerate negative leverage (cap rate below mortgage rate today)

Compare to Nearby Counties

CountyVerdict
JacksonWV
60$197,160Est. pending—BuyView
CurrentJeffersonWV
59$403,969$1,9405.76%Hold
MorganWV
59$291,771Est. pending—HoldView
MineralWV
59$190,103Est. pending—HoldView
HampshireWV
59$247,975Est. pending—HoldView
GrantWV
58$181,266Est. pending—HoldView

The Bottom Line

HoldJefferson is a neutral market. Consider house hacking or targeting below-market deals.

Jefferson County in West Virginia scores 59/100, ranking #0 of 0 US counties (top 50%). At 20% down and current rates, a median-priced rental loses about $856/month; the 5.76% gross rent-to-price ratio doesn't survive debt service. The thesis here is appreciation, value-add, house hacking, or all-cash.

Monthly Cash Flow
$-856/mo
Cap Rate
3.8%
Cash-on-Cash
-11.1%

Related markets

Cheaper alternatives to Jefferson

  • Grant County, lower entry price
  • Mineral County, lower entry price
  • Jackson County, lower entry price

Head-to-head comparisons

  • Jefferson vs Morgan for rentals
  • Jefferson vs Mineral for rentals
  • Jefferson vs Hampshire for rentals
All counties in West Virginia →

Rent vs buy in West Virginia cities

Rent vs buy in Charleston, WVMedian $149,776 · rent $1,081/moRent vs buy in Huntington, WVMedian $166,212 · rent $957/moRent vs buy in Morgantown, WVMedian $252,570 · rent $1,416/moRent vs buy in Parkersburg, WVMedian $170,624 · rent $943/moRent vs buy in Wheeling, WVMedian $154,458 · rent $971/moAll West Virginia citiesFull rent-vs-buy directory for the state

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