Rent vs. Buy in Cabell County, WV
Should you rent or buy in Cabell County? Here are the numbers.
Median Home Price
$144,200
Median Rent
$857/mo
Price-to-Rent Ratio
14x
Homeownership Rate
64.6%
Monthly Cost Comparison
Buying (20% down, 6.5% rate)
Renting
In Cabell County, buying is approximately $2/mo cheaper than renting (before equity buildup and tax benefits).
About Cabell County, West Virginia
Cabell County in West Virginia has a median household income of $48,944 and an effective property tax rate of 0.7%. With a price-to-rent ratio of 14x, buying is likely more cost-effective for long-term residents.
These are starting estimates based on county-level medians. Your actual costs depend on the specific property, your credit score, down payment, and dozens of other variables. Our Monte Carlo simulation models 10,000 scenarios to give you probability-weighted answers, not single-point estimates.
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