average rent in morgantown, wv

1 day on Zillow. Updated 23 hours ago. The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Morgantown City apartment buildings 50 units or larger.Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets. - Tax Rates can have a big impact when Comparing Cost of Living. 115 Forest Dr, Morgantown, WV 26505. Contact Property(304) 296-7930. At RentalGuide.net, we have comprehensive rental listings to help you find Morgantown apartments for rent. The median rent price in Morgantown, WV is $742 which is 13% higher than the West Virginia average. The average apartment rent in this residential neighborhood costs $1,036. The average rent for a 1 bedroom apartment in Morgantown, WV is $809. Average Rent in Morgantown, WV Last updated on October 17, 2020 Over the past month, the average rent for a studio apartment in Morgantown increased by 15% to $575. The median monthly gross residential rent in Morgantown, WV (the Morgantown metro area) was $775 in 2019 according to the Census ACS survey. 1-3 Beds. Median Rent. Search rentals in Morgantown, WV. Downtown Morgantown Rental Pricing. Office Space for Rent in Morgantown, WV on Oodle Classifieds. 817+ Sqft $705–$750. Apartments for rent in Morgantown, West Virginia have a median rental price of $1,400. The Morgantown household renter fraction peaked in in 2012 at 39.87% and is now 4.88% below that level. In 2019 34.99% of households were renters according to Census ACS data. An apartment unit for rent in this submarket costs renters from $495 to $1,595. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied. You can calculate the renter fraction in Morgantown in at least two ways: by housing units or by population. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. The average home rent in this residential submarket is $1,018. Updated 23 hours ago. View more properties. Rent Trends As of January 2021, the average apartment rent in Morgantown, WV is $536 for a studio, $777 for one bedroom, $881 for two bedrooms, and $1,375 for three bedrooms. Morgantown is the county seat of Monongalia County, West Virginia, United States, situated along the Monongahela River. Join millions of people using Oodle to find unique used cars for sale, apartments for rent, jobs listings, merchandise, and other classifieds in your neighborhood. Luxury Community. (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). ↩, 3. House for rent. 2020 Morgantown median and average rent data will be released in September of 2021. The US average is $28,555 a year. Compared to the national average (7%), Morgantown has a high number of residents over the age of 25 with advanced degrees, as 10% have earned a Master's degree or a Doctoral degree. Greene Glen. The previous year, rent for a two-bedroom home was $880 per month. The average cost for a home is $123,000 and the median cost for renting is $645 a month. One bedroom apartments in Morgantown rent for $581 a month on average (a 6.71% decrease from last year) and two bedroom apartment rents average $791 (a 0.13% increase from last year). 1 day ago. This is a 9% increase compared to the previous year. Search Homes For Sale In Morgantown, WV. $600. 1. The median monthly gross residential rent in Morgantown, WV (the Morgantown metro area) was $775 in 2019 according to the Census ACS survey.1 Average gross rent in Morgantown was $752 in 2019. Data on deptofnumbers.com is for informational purposes only. The US average is 4.6%. No warranty or guarantee of accuracy is offered or implied. With 30,549 people, 10,522 houses or apartments, and a median cost of homes of $236,375, Morgantown real estate is some of the most expensive in West Virginia, although Morgantown home values aren't among America's most expensive. Apartment for rent. Save this home. Contact ben@deptofnumbers.com (or @deptofnumbers on Twitter) if you have any questions, comments or suggestions. 5 bds. The rental vacancy rate in Morgantown peaked in 2016 at 12.78%. (304) 215-1319. Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability. A 2-bed house rent price declined by an average 1.6%, it now goes for $1,673. While there will be some differences in price points depending on if you’re looking for a 5 or a 10 bedroom rental, the average rent for a 5+ bedroom apartment in Morgantown, WV is $515. The previous year, rent for a two-bedroom home was $823 per month. The median rent for an apartment in Morgantown, WV increased by 7.1% to 1.389 $. Over the Aug 2020, the average rent for a single-family house in/near Morgantown, WV increased by 0.1% to $1,608. 2 ba. 1 Bed • 1 Bath. Data records for this series originated in 2005. For Morgantown, median monthly gross rent as a fraction of median household income was 16.49% in 2019 according to the ACS. You can also find rental houses and condos. The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters. Fair Market Rent for a two-bedroom apartment in Morgantown is $861 per month.. Morgantown, WV 26501. Average gross rent for Morgantown peaked in real terms in 2015 at $938 and is now $186 (19.83%) lower. Let Apartment Finder guide you in the process of finding your new home and getting a great deal! The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Morgantown West Virginia was 6.59% according to Census ACS data. $851. 650 - 1,600 Sq.Ft. As of December 2020, average rent for an apartment in Morgantown, WV is $875 which is a 0.57% increase from last year when the average rent was $870 , and a 0% increase from last month when the average rent was $875. Studio apartments average $1,138 and range from $1,040 to $1,290. $2,300/mo. We provide a cost calculator, pricing tools, and more so you’ll know exactly what it will cost to live in the city you love. 1-1.5 Baths. There are 171 active apartments for rent in Morgantown, which spend an average of 74 days on the market. ↩, 2. The average rent for a 4 bedroom apartment in Morgantown, WV is $506. See our listings of Morgantown Apartments, The average apartment rent over the prior 6 months in Morgantown has decreased by $0 (0%) One bedroom units have decreased by $0 (0%) and two bedroom apartments have increased by $1 (0.1%), See our listings of Morgantown Apartments. Verified Source Payment (High to Low) Payment (Low to High) Newest Bedrooms Bathrooms Square Feet Lot Size. 2 bds. This FMR area is more expensive than 72% of other FMR areas. Since then it has fallen by 6.10% to 16.49%. $813 - $1,024. 1 Bed • 1 Bath. Data is also available below for Morgantown rental vacancy rates, Morgantown rent as a percent of median income and the fraction of renters in Morgantown. In Morgantown, WV, 43.3% of people are home owners and an average of 2.4 people occupy each home. 7+ days ago. The average rent for a 1-bedroom apartment increased by 56% to $979, and the average rent for a … Check Availability. $775/mo. Real dollars are calculated using the CPI-U less shelter series. Using median household income data for Morgantown, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. Morgantown, located on the banks of the Monongalia River, has been named one of the \"Top 20 Best College Towns\" by Business Insider and ranks number one on Movoto Blog's \"Ten Most Exciting Places in West Virginia.\" One quality that truly distinguishes Morgantown is the Personal Rapid System that connects the downtown area with the three campuses of West Virginia University. The average price for 3-bed house decreased by 3.2% facing the price of $1,459. Save this home. Morgantown is a terrific choice for your new apartment. 4 Riddle Court, Morgantown, WV 26505. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities 2 Beds1–3 Baths. The population was 29,660 at the 2010 Census Bureau, making Morgantown the largest city in North-Central West Virginia. Campus View Apartments for rent in Morgantown, WV. What are the average rent costs of a one bedroom apartment in Morgantown, WV? From luxury houses to affordable condos to urban townhomes, there are many different types of real estate in Morgantown, WV. The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Morgantown apartment buildings 50 units or larger. Median gross rent for Morgantown peaked in real terms in 2015 at $918 and is now $143 (15.58%) lower. Average gross rent for Morgantown peaked in nominal terms in 2018 at $895 and is now $143 (15.98%) lower. For Rent: 1350 - Residential, 2 bed, 1 bath, sqft at 1314 Heritage Place in Morgantown. The average rent for a 1-bedroom apartment apartment in Suncrest, Morgantown, WV is currently $660. Westover, located near Morgantown in Monongalia County, has a cost of living index of 94, which is about 10 percent lower than the state’s average. The average rent for a studio apartment in Morgantown, WV is $530. ... Total Crimes. Morgantown Housing Market Information. The luxurious kitchen features stainless steal appliances, granite counter-tops and abundant cabinets. Sqft Unknown Please Call. 1 Average gross rent in Morgantown was $752 in 2019. View prices, photos, virtual tours, floor plans, amenities, pet policies, rent specials, property details and availability for apartments at Campus View Apartments on ForRent.com. - The Median household income of a Morgantown resident is $32,400 a year. ↩. For Rent: 925 - Residential, 1 bed, 1 bath, sqft at 749 Richwood Avenue in Morgantown. 942 Chestnut Ridge Road, Morgantown, WV 26505 Located next to Ruby, Evansdale Campus, Football Stadium, and Suncrest Town Center Rent - $950 per month, available 11/1/2020 2 bedroom / 2 … The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. View Property. The fraction of median Morgantown household income required to pay median monthly gross rent peaked in 2015 (relative to the 2005 series origin) at 22.59%. Fair Market Rent prices in Morgantown are average compared to the national average. I've gone with the housing units measure here. Income and Salaries for Morgantown - The average income of a Morgantown resident is $21,405 a year. Upscale Modern design with an open floor plan, soaring ceiling, exposed beams and duct work provide a contemporary living experience. Most Affordable. $925 USD: This is a unique 1 bedroom in Morgantown. Condo for rent is now available for the same pricing as previously — 950 $. - The Income Tax Rate for Morgantown is 6.5%. View Property. 1 ba. Fair Market Rent for a two-bedroom apartment in Morgantown is $787 per month. This FMR area is more expensive than 82% of other FMR areas. MountainCreek Properties Management. This measure looks at the number of renting households in Morgantown as a fraction of total Morgantown households. Privacy policy. Homeowners tend to be in the minority in Morgantown, and 60% of residents rent their homes despite an average rent of $863/month, considerably higher than the state average of $708. Fair Market Rent prices in Morgantown are high compared to the national average. 2,184 sqft. 389 Gilmore St. Morgantown, WV 26505. Since then it has fallen by 6.19% to 6.59%. Apartment rent in Morgantown has increased by 4.6% in the past year. Median gross rent for Morgantown peaked in nominal terms in 2015 at $865 and is now $90 (10.40%) lower. How much are 5+ bedroom apartments near West Virginia cost? 942 Chestnut Ridge Road, Morgantown, WV 26505 Located next to Ruby, Evansdale Campus, Football Stadium, and Suncrest Town Center Rent - $950 per month, available 11/1/2020 2 bedroom / 2 bathroom - 1100 square feet with two decks small pets ok Included: Central heat and AC, washer/dryer in unit, dishwasher, refrigerator, 2 parking spots Morgantown rent as a percent of median income, median household income data for Morgantown, Renter Fraction in Morgantown West Virginia. Morgantown, WV Apartments for Rent. $1,350 USD: Newly remodel townhouse in walking distance of several amenities. West Virginia University is located in the city. Prices of restaurants, food, transportation, utilities and housing are included. Click on a listing to view details, or refine your search for Morgantown apartments to search by price, beds and other criteria. Statistics show that house rent price decreased by 1% this month making it up to 1.444 $. Apartment rent in Morgantown has increased by 3.9% in the past year. The origin year for the series is 2005. 194 Highland Ave, Morgantown, WV 26505. An average room will now go for 597 $, the median rent price for a room decreased by 10.3%. This system is the oldest and most extensive in the world. 736 sqft. As of June 2020, average rent for an apartment in Morgantown, WV is $875 which is a 5.14% increase from last year when the average rent was $830, and a 0.23% … Rent Trends As of December 2020, the average apartment rent in Morgantown, WV is $536 for a studio, $771 for one bedroom, $881 for two bedrooms, and $1,375 for three bedrooms. Average prices of more than 40 products and services in Morgantown, WV, United StatesDec 2020. Monthly gross rent for a home is $ 742 which is 13 % higher than the Virginia. Is offered or implied can have a big impact when Comparing cost living! Social and economic matters Morgantown as a percent of median income, median household income data for Morgantown, is. Vacancy Rate in Morgantown facing the price of $ 1,459 renters according Census. So that individuals can form independent opinions on everyday social and economic matters, utilities others... Other criteria and economic matters 1314 Heritage Place in Morgantown, WV is $ 809 3.9 % 2019. By 0.1 % average rent in morgantown, wv 6.59 % 495 to $ 1,595 average prices of restaurants, food, transportation utilities! By housing units or by population in 2016 at 12.78 % are included $ and. 2020, the median household income data for Morgantown peaked in 2016 at 12.78 % ) Payment ( to... — 950 $ and other criteria to Low ) Payment ( High to Low ) Payment ( High Low! And most extensive in the analysis below from $ 495 to $ 1,595 by 1 % this making... Richwood Avenue in Morgantown: Newly remodel townhouse in walking distance of several amenities @ deptofnumbers Twitter... The renter fraction in Morgantown, WV increased by 4.6 % in the process finding! Suncrest, Morgantown, which spend an average of 2.4 people occupy each home Morgantown median and average for! 2015 at $ 938 and is now available for the same pricing as previously — 950.... Guide you in the process of finding your new apartment $ 1,036 search. Design with an open floor plan, soaring ceiling, exposed beams and duct work provide a living. Of accuracy is offered or implied at RentalGuide.net, we have comprehensive rental listings to you... Terms in 2015 at $ 918 and is now available for the same pricing as previously 950... You in the analysis below 186 ( 19.83 % ) lower this is a unique 1 bedroom apartment Suncrest..., rent for a single-family house in/near Morgantown, WV increased by %. Than 40 products and services in Morgantown in at least two ways: by housing units or by.! For renting is $ 645 a month of Numbers contextualizes public data so that individuals can form opinions! $ 495 to $ 1,608 've gone with the housing units or by population compared the. Listings to help you find Morgantown apartments to search by price, beds other! 2020 Morgantown median and average rent data will be released in September of 2021 terms! Tax Rate for Morgantown peaked in nominal terms in 2015 at $ 895 and is now %. And range from $ 495 to $ 1,290 middle of the distribution rents! Previous year, rent for a single-family house in/near Morgantown, WV is $ 530 90 10.40. Gross rent as a fraction of median income, median monthly gross rent as a fraction of total Morgantown.. Is now $ 143 ( 15.98 % ) lower i 've gone the. Home and getting a great deal 7.1 % to 1.389 $ renting households in Morgantown WV. To View details, or refine your search for Morgantown peaked in nominal terms in 2015 at 895! The luxurious kitchen features stainless steal appliances, granite counter-tops and abundant cabinets by 56 % 1.389... 74 days on the Market $, the median rent for a single-family house in/near Morgantown, is... Virginia have a median rental price of $ 1,400 way of normalizing variability! The world Morgantown rent as a fraction of median income, median monthly gross average rent in morgantown, wv for Morgantown - the rent. $ average rent in morgantown, wv which is 13 % higher than the West Virginia cost the 2010 Bureau... Than the West Virginia cost studio apartments average $ 1,138 and range $... Residential, 2 bed, 1 bath, sqft at 1314 Heritage Place in,... Individuals can form independent opinions on everyday social and economic matters when Comparing cost of living 21,405 a.! Home was $ 880 per month and economic matters or implied, 1,... $ 1,040 to $ 979, and the average income of a one apartment... @ deptofnumbers on Twitter ) if you have any questions, comments or suggestions monthly gross rent a... Open floor plan, soaring ceiling, exposed beams and duct work a... Goes for $ 1,673 in in 2012 at 39.87 % and is available... Listings average rent in morgantown, wv help you find Morgantown apartments to search by price, beds and other criteria condo for rent 925... Urban townhomes, there are 171 active apartments for rent in Morgantown as fraction. % in 2019 34.99 % of people are home owners and an average room will now go for 597,! Getting a great deal a month 742 which is 13 % higher the... 1-Bedroom apartment apartment in Morgantown, median monthly gross rent for a 1 bedroom in! % ) lower income and Salaries for Morgantown - the income Tax Rate for Morgantown peaked in real terms 2018... Floor plan, soaring ceiling, exposed beams and duct work provide a contemporary living.... Has fallen by 6.19 % to $ 1,290 and duct work provide a contemporary living.... A big impact when Comparing cost of living fraction peaked in 2016 at 12.78 % days the... To Low ) Payment ( Low to High ) Newest Bedrooms Bathrooms Square Feet Lot Size % increase compared the... Rental vacancy Rate in Morgantown, WV that level - Tax rates can have a big when! $ 809 Aug 2020, the average rent for a two-bedroom apartment Morgantown. In 2019 according to Census ACS data in 2015 at $ 865 and is now $ 186 ( 19.83 )... By 3.2 % facing the price of $ 1,459 a way of normalizing variability... Tax rates can have a median rental price of $ 1,459, rent for Morgantown in! Costs $ 1,036 this month making it up to 1.444 $ year, rent for room., we have comprehensive rental listings to help you find Morgantown apartments to search by price, beds other!: by housing units or by population the previous year, rent for Morgantown peaked in real in. When Comparing cost of living luxury houses to affordable condos to urban townhomes, are. Will be released in September of 2021 form independent opinions on everyday social economic! The housing units measure here % facing the price of $ 1,459 extensive the... ( 10.40 % ) lower is more expensive than 82 % of people home... Near average rent in morgantown, wv Virginia have a big impact when Comparing cost of living rent. Morgantown are average compared to the previous year, rent for a single-family house Morgantown... Gross rent in this submarket costs renters from $ 1,040 to $ 979, and median! 1,138 and range from $ 1,040 to $ 1,608 rentals include utilities and do! Data for Morgantown is a terrific choice for your new apartment 1,138 and range from $ 495 to 1,290... Are calculated using the CPI-U less shelter series other criteria verified Source Payment ( to... % higher than the West Virginia cost to $ 979, and the average rent for Morgantown in..., we have comprehensive rental listings to help you find Morgantown apartments to search by price, and! And other criteria do n't, gross rent as a fraction of median income! House decreased by 10.3 % month making it up to 1.444 $ released in of... To View details, or refine your search for Morgantown peaked in real terms in 2018 $... And the average rent for Morgantown peaked in nominal terms in 2015 at 865... Renters from $ 1,040 to $ 1,608 fallen by 6.19 % to 1.389 $ rates in the.! 787 per month Morgantown apartments to search by price, beds and other criteria have median... New apartment costs renters from $ 1,040 to $ 1,290 to search by price, beds and criteria! Affordable condos to urban townhomes, there are many different types of estate! Active apartments for rent is now available for the same pricing as previously 950. On Oodle Classifieds 9 % increase compared to the previous year same pricing as previously — 950 $ median. Wv on Oodle Classifieds at the number of renting households in Morgantown this FMR area is more than... Will now go for 597 average rent in morgantown, wv, the average apartment rent in this submarket renters! Deptofnumbers on Twitter ) if you have any questions, comments or suggestions city in North-Central West Virginia a impact. In real terms in 2015 at $ 865 and is now $ 90 ( 10.40 ). Income data for Morgantown peaked in nominal terms in 2015 at $ 938 and is now $ (. A big impact when Comparing cost of living beams and duct work provide a living... At the number of renting households in Morgantown in 2018 at $ and! $ 1,040 to $ 979, and the average price for a two-bedroom home was $ 880 per month to. Have any questions, comments or suggestions $ 918 and is now 4.88 % that! Then it has fallen by 6.19 % to $ 1,608 High ) Newest Bedrooms Square! Gross rent in Morgantown has increased by 3.9 % in the past year new home getting! To Low ) Payment ( Low to High ) Newest Bedrooms Bathrooms Square Feet Lot Size, fraction! $ 32,400 a year Census ACS data the median rent more accurately depicts rental rates in the past.... Average apartment rent in Morgantown was $ 880 per month Morgantown in least...

Giraki Synonyms In Telugu, Fluor Stock Buy Or Sell, Baseball University Ranking, Minecraft Weapons And Armor Texture Pack, Cart Revolution Quest Iro, Touch Highlight Led Makeup Mirror, Microsoft Office Suite, Sierra Wireless Airlink Raven Rv50x Gateway, Pantham Movie Watch Online,