Rent vs. Buy in Harrison County, WV

Should you rent or buy in Harrison County? Here are the numbers.

Median Home Price

$146,900

Median Rent

$836/mo

Price-to-Rent Ratio

14.6x

Homeownership Rate

73.7%

Monthly Cost Comparison

Buying (20% down, 6.5% rate)

Mortgage (P&I)$743
Property Tax$66
Insurance$49

Total Monthly$858

Renting

Monthly Rent$836
Renter's Insurance$25

Total Monthly$861

In Harrison County, buying costs approximately $22/mo more than renting. This doesn't account for equity buildup, tax deductions, or home appreciation.

About Harrison County, West Virginia

Harrison County in West Virginia has a median household income of $56,184 and an effective property tax rate of 0.5%. With a price-to-rent ratio of 14.6x, 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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Other Counties in West Virginia

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Federal Housing Finance Agency. Estimates are based on county-level medians and may not reflect specific neighborhoods or property types. This is not financial advice — consult a licensed professional before making housing decisions.