West Virginia (WV) Average Rent Prices 2024

Average Rent Prices in West Virginia (WV)

$7261

Studio

$7891

1BR

$9761

2BR

$1,3051

3BR

$1,5271

4BR

As of 2024, the overall average fair market rent for a residential rental property in West Virginia Rent Prices is $1,065. Average rent prices in West Virginia sit below the national average rent of $1,274, in which West Virginia ranks as the 8th lowest rent among all 50 states and the 43rd highest rent among all 50 states within the United States. In West Virginia’s large metropolitan areas such as Charleston, WV, the average rent prices tend to be higher, while alternative areas such as Morgantown, WV, can provide more affordable options.

West Virginia (WV) National Rent Rankings

43rd

Highest Rent Among 50 States

8th

Lowest Rent Among 50 States

Below

The National Rent Average

Average Rent Prices in West Virginia (WV) Visual Chart

Studio

A one-room unit with a private bathroom.

1BR

A unit that has a separate bathroom and a separate bedroom.

2BR

A unit that has two separate and distinct bedrooms.

3BR

A unit that has 3 separate and distinct bedrooms.

4BR

A unit that has 4 separate and distinct bedrooms.

Fair Market Rent

Gross rent estimate for a standard rental unit in a given market.

Average Rent Prices in West Virginia (WV) by Metro Area

wdt_ID Metro Studio 1BR 2BR 3BR 4BR
1 Boone County, WV HUD Metro FMR Area 620 755 848 1.195 1.439
2 Charleston, WV HUD Metro FMR Area 688 816 994 1.300 1.324
3 Cumberland, MD-WV MSA 624 736 920 1.186 1.453
4 Fayette County, WV HUD Metro FMR Area 592 683 873 1.169 1.481
5 Huntington-Ashland, WV-KY-OH HUD Metro FMR Area 793 815 938 1.236 1.431
6 Jackson County, WV HUD Metro FMR Area 620 707 848 1.181 1.210
7 Jefferson County, WV HUD Metro FMR Area 831 836 1.099 1.549 1.865
8 Lincoln County, WV HUD Metro FMR Area 621 646 849 1.027 1.150
9 Martinsburg, WV HUD Metro FMR Area 911 916 1.151 1.573 1.953
10 Morgan County, WV HUD Metro FMR Area 620 814 914 1.288 1.470
11 Morgantown, WV MSA 857 862 1.078 1.346 1.829
12 Parkersburg-Vienna, WV MSA 787 792 948 1.289 1.305
13 Putnam County, WV HUD Metro FMR Area 820 826 1.060 1.475 1.678
14 Raleigh County, WV HUD Metro FMR Area 707 711 925 1.304 1.421
15 Weirton-Steubenville, WV-OH MSA 660 678 860 1.177 1.279
16 Wheeling, WV-OH MSA 607 714 895 1.163 1.329
17 Winchester, VA-WV MSA 983 1.104 1.390 1.734 2.347
Metro Studio 1BR 2BR 3BR 4BR

Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout United States excluding Puerto Rico for calendar year 2024.

West Virginia (WV) Residential Rental Agreements

West Virginia (WV) residential lease agreement is a rental property document that includes the terms and conditions between a landlord who rents the property and the tenant in the state of West Virginia. The contract outlines essential information, such as rent amount, applicable late fees, grace periods, and landlord-tenant responsibilities.

Average Rent Prices in Other US States 2024

Rent prices for each state across the United States can greatly vary. Click on a State below to see the specific fair market residential rent prices for that state:

The Ultimate Guide to Rent Payments

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The Ultimate Guide to Security Deposits

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The Ultimate Guide to Rental Utilities

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Average Rent in the United States

Average Rent in the United States

Average rent prices across the United States provide excellent insights into highs, lows, and emerging market trends.

Cheapest Rent in the United States

The cheapest rent in the U.S. is an appealing topic for thrifty tenants and investors seeking lower price point properties.

Most Expensive Rent in the United States

It’s no secret that rents have been continually on the rise, but where are rents really the highest in the United States?

Rental Property Calculators

Our rental property calculators help you easily calculate common metrics such as rent increases, late fees, and more. Click on a calculator or button below to start using them for free – no sign up required.

1Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout the United States, excluding Puerto Rico.

Methodology

Areas with insufficient inventory or populations less than 25,000 were excluded from this analysis. Averages are based on the combined average of 0-4 bedroom residential rental properties throughout the United States excluding Puerto Rico.

Data

Rent prices are based on aggregated data from one and/or several sources noted below:

Disclaimer

The information included is used for illustrative purposes only. The data contained herein does not constitute financial, legal, or any material advice. Data is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals before making any material decisions.

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