Elkins, WV

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Elkins short-term rental market based on reliable data.

Listings

88 / 138

Reliable / Active

Cap Rate

17%

Middle-Earners Gross Yield

Revenue

$27,466

Middle-Earners Revenue

Occupancy

50%

Middle-Earners Occupancy

Home Value

$162,311

Median Home Sale Price

Top Earners

$57,128

Top-Earners Revenue

Elkins

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Elkins.

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B

Generally Investor friendly

Elkins Regulations

Short-term rentals are legal but require zoning verification, business licensing, safety compliance, and building permits; fees and inspections are moderate and transparent. No citywide caps or bans are mentioned, though allowances vary by district and STRs are treated as businesses. Enforcement is clear and structured, keeping compliance manageable and investor risk low to moderate.

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About Elkins

Elkins is a city in and the county seat of Randolph County, West Virginia, United States, along the Tygart Valley River. The community was incorporated in 1890 and named in honor of Stephen Benton Elkins, a U.S. Senator from West Virginia. The population was 6,950 at the 2020 census and estimated at 6,895 in 2021. Elkins is home to Davis and Elkins College and the Mountain State Forest Festival, held in early October every year.

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