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MarketsWest VirginiaClarksburgRent Analysis

Rent Analysis: Clarksburg, WV

Updated 2026 · Based on median market data for Clarksburg, WV

Cap Rate
6.17%
Median Price
$150K
Rent/Mo
$1,020
1% Rule
0.68%
Fails

Rent Overview

The median monthly rent in Clarksburg, WV is $1,020, translating to $12,240 in annual gross rental income per unit. The rent-to-price ratio is 0.68% — well below the 1% rule, making pure cash flow investing challenging at median prices.

Rent Affordability

Renters in Clarksburg spend approximately 29% of the local median household income ($42,200) on rent. This is within the healthy 25-30% range, indicating rent is affordable relative to local incomes. There may be room for moderate rent increases, especially for updated or well-located units.

Vacancy & Tenant Demand

The vacancy rate in Clarksburg is 7.5%. This is above the national average and warrants careful tenant screening and marketing. Budget for longer vacancy periods between tenants and consider offering competitive amenities or pricing to reduce turnover. Population growth of -0.4% annually means demand is flat to declining — focus on properties in the strongest neighborhoods.

Gross Rent Multiplier

Clarksburg's GRM (price divided by annual rent) is 12.3x. A GRM between 12-16x is moderate and typical of balanced markets. Deals can work but you need to keep expenses controlled. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.

Rental Income Projection

At the median rent of $1,020/mo, a single-family rental in Clarksburg generates approximately $12,240 in gross annual income. After accounting for 7.5% vacancy ($918 lost), property taxes of $870, insurance (~$600), and maintenance (~$600), the estimated NOI is $9,252 per year, or $771/mo.

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How Clarksburg Compares

Clarksburg vs West Virginia state average and national average across key investment metrics. Clarksburg outperforms both benchmarks on cap rate.

Metric
Clarksburg
West Virginia Avg
National Avg
Cap Rate
6.17%
5.91%
3.81%
Median Price
$150K
$153K
$333K
Median Rent
$1,020
$998
$1,524
Property Tax
0.58%
0.58%
1.08%
Vacancy
7.5%
7.5%
5.6%
Pop. Growth
-0.4%/yr
-0.4%/yr
0.9%/yr

Nearby South Markets

City
Cap Rate
Price
Rent
Tax
Clarksburg, WV
6.2%
$150K
$1,020
0.58%
Kingsville, TX
8.2%
$150K
$1,420
1.72%
Kinston, NC
5.5%
$150K
$940
0.78%
Lawton, OK
6.7%
$150K
$1,110
0.88%
Orangeburg, SC
8.6%
$150K
$1,320
0.57%

Frequently Asked Questions

What is the average rent in Clarksburg, WV?
The median monthly rent in Clarksburg is $1,020, or $12,240 per year. This is 33% below the national average of $1,524/mo. Rent levels vary by neighborhood, property condition, and unit size — always verify comparable rents for your target property.
Is Clarksburg a good rental market for landlords?
With a rent-to-price ratio of 0.68%, Clarksburg falls below the 1% rule, meaning cash flow depends on buying below median or achieving above-median rents. The 7.5% vacancy rate is elevated — budget conservatively for vacancies.
How does Clarksburg rent compare to West Virginia averages?
Clarksburg's median rent of $1,020/mo is 2% above the West Virginia average of $998/mo. Home prices at $150K are below the state average of $153K, giving Clarksburg a rent-to-price ratio of 0.68% vs 0.65% statewide.
What is a good rent-to-price ratio?
The 1% rule says monthly rent should be at least 1% of purchase price ($1,000/mo rent on a $100,000 home). Clarksburg's ratio is 0.68%. Generally, above 0.8% is workable with good financing, above 1% is strong, and above 1.2% is exceptional. The national average across the 300+ cities we track is 0.46%.
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Explore Clarksburg & Related Markets

More Clarksburg Guides

Rental Property Investment GuideProperty Tax GuideCost of Living & AffordabilityAppreciation & Growth ForecastNeighborhood Investment Guide

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