Median Home PriceBETTER
$149,776.09
Median RentBETTER
$1,080.9/mo
Price-to-Rent RatioBETTER
11.5
Property Tax RateTIE
0.59%
Price Change (1Y)BETTER
+1.7%
Price Change (5Y)BETTER
+8.6%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$19,753
Median Home Price
$252,570.28
Median Rent
$1,415.73/mo
Price-to-Rent Ratio
14.9
Property Tax RateTIE
0.59%
Price Change (1Y)
+1.1%
Price Change (5Y)
+5.6%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$99,688
Key Differences
Home Prices
Charleston's median home price of $149,776.09 is lower than Morgantown's $252,570.28 by 41%.
Monthly Rent
Renting in Charleston costs $1,080.9/mo compared to $1,415.73/mo in Morgantown—a difference of $334.83/mo.
Buy vs Rent Verdict
Charleston favors either option, while Morgantown favors renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.