Average Rent Prices in West Virginia (WV)
$6691
Studio
$7281
1BR
$8921
2BR
$1,1961
3BR
$1,3921
4BR
As of 2023, the overall average fair market rent for a residential rental property in West Virginia Rent Prices is $975. 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.
1Based on average of Fair Market Rents (FMRs) for 0-4 bedroom residential rental units throughout the United States, excluding Puerto Rico.
Rent Rankings
43rd
Highest Rent Among 50 States
8th
Lowest Rent Among 50 States
Below
The National Rent Average
Definitions
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) Visual Chart
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 | 555 | 667 | 753 | 1.066 | 1.283 |
| 2 | Charleston, WV HUD Metro FMR Area | 652 | 757 | 911 | 1.196 | 1.248 |
| 3 | Cumberland, MD-WV MSA | 560 | 668 | 838 | 1.073 | 1.356 |
| 4 | Fayette County, WV HUD Metro FMR Area | 551 | 624 | 799 | 1.075 | 1.326 |
| 5 | Huntington-Ashland, WV-KY-OH HUD Metro FMR Area | 648 | 706 | 829 | 1.102 | 1.248 |
| 6 | Jackson County, WV HUD Metro FMR Area | 578 | 691 | 784 | 1.112 | 1.144 |
| 7 | Jefferson County, WV HUD Metro FMR Area | 808 | 813 | 1.001 | 1.423 | 1.705 |
| 8 | Lincoln County, WV HUD Metro FMR Area | 590 | 649 | 800 | 974 | 1.075 |
| 9 | Martinsburg, WV HUD Metro FMR Area | 894 | 899 | 1.122 | 1.511 | 1.911 |
| 10 | Morgan County, WV HUD Metro FMR Area | 583 | 772 | 872 | 1.239 | 1.250 |
| 11 | Morgantown, WV MSA | 781 | 786 | 984 | 1.290 | 1.676 |
| 12 | Parkersburg-Vienna, WV MSA | 668 | 672 | 793 | 1.075 | 1.131 |
| 13 | Putnam County, WV HUD Metro FMR Area | 773 | 778 | 1.003 | 1.333 | 1.553 |
| 14 | Raleigh County, WV HUD Metro FMR Area | 663 | 667 | 824 | 1.171 | 1.344 |
| 15 | Weirton-Steubenville, WV-OH MSA | 619 | 623 | 794 | 1.072 | 1.151 |
| 16 | Wheeling, WV-OH MSA | 563 | 647 | 827 | 1.074 | 1.227 |
| 17 | Winchester, VA-WV MSA | 879 | 962 | 1.227 | 1.547 | 2.037 |
| 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 2023.
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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