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Bluefield vs Clarksburg for Rental Property Investing

Side-by-side comparison of Bluefield, WV and Clarksburg, WV — cap rates, rent, prices, and investment metrics.

Clarksburg wins 3–0 across key metrics
Clarksburg leads on cash flow (6.17% vs 5.60% cap rate) · Bluefield leads on population growth
Metric
Bluefield, WV
Clarksburg, WV
Est. Cap Rate
5.60%
6.17%
Median Home Price
$140,000
$150,000
Median Monthly Rent
$880
$1,020
1% Rule
0.63%
0.68%
GRM
13.3x
12.3x
Price / Income
3.3x
3.6x
Property Tax Rate
0.58%
0.58%
Vacancy Rate
7.5%
7.5%
Population Growth
-0.4% / yr
-0.4% / yr
Annual Appreciation
1.4%
1.4%
Population
50,000
50,000
Median Income
$42,200
$42,200

Bluefield vs Clarksburg: Which Is Better for Investors?

Cash flow: Clarksburg has the edge with an estimated cap rate of 6.17% compared to Bluefield's 5.60%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $140,000 in Bluefield vs $150,000 in Clarksburg, while rents come in at $880/mo and $1,020/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.

Growth & appreciation: Bluefield is growing faster at -0.4% annually, while Clarksburg is losing population. Bluefield leads on home value appreciation at 1.4% per year.

Costs & risk: Property taxes are 0.58% in Bluefield vs 0.58% in Clarksburg. Vacancy rates of 7.5% and 7.5% are both elevated, warranting conservative cash flow projections.

Entry point: Bluefield offers a lower entry at $140K vs Clarksburg's $150K — a difference of $10K. With a 20% down payment, that's $28K vs $30K. Clarksburg's higher price may be justified by better market fundamentals.

Bottom line: Clarksburg edges out Bluefield on most key metrics. With a 6.17% cap rate, it offers solid cash flow potential. Use our free calculators to model specific deals in Bluefield or Clarksburg.

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Bluefield, WV
5.60% cap rate · $140,000 median · $880/mo
Full analysis →
Clarksburg, WV
6.17% cap rate · $150,000 median · $1,020/mo
Full analysis →

Frequently Asked Questions

Is Bluefield or Clarksburg better for rental investing?
Clarksburg wins 3–0 across our 7 key metrics. Clarksburg's 6.17% cap rate and $150K median price give it the edge overall.
What is the cap rate difference between Bluefield and Clarksburg?
Bluefield has a 5.60% cap rate vs Clarksburg's 6.17% — a difference of 0.57 percentage points. This is a relatively small difference — other factors like growth, taxes, and local market conditions may matter more. For context, the national average is 3.81%.
Which city has lower property taxes?
Clarksburg has lower property taxes at 0.58% vs 0.58%. On a $145K property, that's a difference of approximately $58/year in tax expense — money that goes directly to (or from) your cash flow.
Which city is growing faster?
Bluefield is growing at -0.4% annually vs Clarksburg's -0.4%. Both cities have slow growth — focus on the strongest neighborhoods. Bluefield's appreciation rate of 1.4% also leads on home value growth.

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