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MarketsWest VirginiaHuntingtonRent Analysis

Rent Analysis: Huntington, WV

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

Cap Rate
5.70%
Median Price
$160K
Rent/Mo
$1,020
1% Rule
0.64%
Fails

Rent Overview

The median monthly rent in Huntington, WV is $1,020, translating to $12,240 in annual gross rental income per unit. The rent-to-price ratio is 0.64% — well below the 1% rule, making pure cash flow investing challenging at median prices.

Rent Affordability

Renters in Huntington 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 Huntington 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

Huntington's GRM (price divided by annual rent) is 13.1x. 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 Huntington generates approximately $12,240 in gross annual income. After accounting for 7.5% vacancy ($918 lost), property taxes of $928, insurance (~$640), and maintenance (~$640), the estimated NOI is $9,114 per year, or $760/mo.

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How Huntington Compares

Huntington vs West Virginia state average and national average across key investment metrics. Huntington beats the national average but trails the West Virginia average on cap rate.

Metric
Huntington
West Virginia Avg
National Avg
Cap Rate
5.70%
5.91%
3.81%
Median Price
$160K
$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
Huntington, WV
5.7%
$160K
$1,020
0.58%
Albany, GA
5.7%
$160K
$1,050
0.93%
Alexandria, LA
5.8%
$160K
$1,020
0.54%
Cumberland, MD
5.4%
$160K
$1,020
1.04%
Danville, VA
6.5%
$160K
$1,150
0.86%

Frequently Asked Questions

What is the average rent in Huntington, WV?
The median monthly rent in Huntington 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 Huntington a good rental market for landlords?
With a rent-to-price ratio of 0.64%, Huntington 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 Huntington rent compare to West Virginia averages?
Huntington's median rent of $1,020/mo is 2% above the West Virginia average of $998/mo. Home prices at $160K are above the state average of $153K, giving Huntington a rent-to-price ratio of 0.64% 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). Huntington's ratio is 0.64%. 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 Huntington & Related Markets

More Huntington Guides

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

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