Cost of Living in Grant County, West Virginia

$612/mo
Median Monthly Rent
$167,500
Median Home Value

At a Glance

Median Monthly Rent
$612/mo
19% below state average
Median Home Value
$167,500
41% below national
Rent-to-Income Ratio
33.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Grant County Compares

Median monthly rent comparison

Grant County$612/mo
West Virginia Average$760/mo
National Median$1,163/mo

Detailed Housing Stats

$612/mo
Median Gross Rent
$167,500
Median Home Value
$613/mo
Monthly Owner Cost
33.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Grant County ranks #64 of 3,144 counties for affordability (top 2%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Grant County, West Virginia

Grant County beats national affordability

Grant County's rent-to-income ratio of 11.9% is the lowest in this eight-county analysis and well below both state (16.9%) and national norms. With median household income at $61,530 and monthly rent just $612, Grant residents enjoy genuine affordability and fiscal breathing room.

West Virginia's most affordable county

Grant's 11.9% rent-to-income ratio leads all peer counties and ranks among the state's best. The combination of solid local income and low rents creates a rare housing-affordability advantage in West Virginia.

Lowest rents, strong income stability

Grant's $612 monthly rent undercuts every peer county, and its $61,530 median income ranks among the region's highest. Homeownership costs $613 monthly with a median home value of $167,500, offering good value for buyers in a county with proven income strength.

Just 11.9% of income to housing

Renters pay only $612 monthly—just 11.9% of typical household income—while homeowners spend $613, creating parity and flexibility. This leaves Grant households $200+ monthly compared to higher-burden peers, enabling savings and investment.

Top choice for housing affordability

Grant County delivers West Virginia's best housing-to-income balance, making it ideal for cost-conscious relocators seeking stability. Compare job prospects here against peer counties—Grant's affordability advantage justifies the comparison.

Cost of Living Advisory: Grant County

Affordability Verdict

Grant County offers affordable rental housing at a median of $612/month — about 11.9% of the typical household income here.

Rent vs. Own

At $612/month rent versus $613/month in owner costs, renting is roughly $1/month cheaper — a 0% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $24,480/year. For owner costs at the 28% rule, the required income is roughly $26,271/year. With a median household income of $61,530, most households can comfortably afford rent here. Notably, 33.0% of renter households in Grant County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Grant County sits 9% less expensive than Nicholas County ($669/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Grant County

$

Rent Burden

11.9%

of gross income

Max Housing (28% Rule)

$1,436

per month

Owner Cost Burden

12.0%

of gross income

You can likely afford the median home in Grant County

Median home value is $167,500. Estimated monthly cost: $1,337 vs. your max of $1,436.

Rent Affordability Guide

Your rent-to-income ratio11.9%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,530Needed: $24,480
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,530Needed: $26,271
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,530Needed: $38,982

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Grant County, West Virginia?
Grant County, West Virginia has a median monthly rent of $612/mo and a median home value of $167,500. The affordability rating is Unaffordable, with rent making up approximately 33.0% of median household income.
What is the median rent in Grant County?
The median gross rent in Grant County is $612/mo. This is 19% below state average for West Virginia.
Is Grant County affordable?
Grant County is rated Unaffordable based on rent-to-income ratio of 33.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Grant County's rent compare to the state average?
Grant County's median rent of $612/mo is 19% below state average of $760/mo for West Virginia.
What is the median home value in Grant County?
The median home value in Grant County, West Virginia is $167,500. This is 41% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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