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↩, 2. The average rent for a 1 bedroom apartment in Morgantown, WV is $809. The US average is 4.6%. Apartment for rent. 1 Bed • 1 Bath. Median gross rent for Morgantown peaked in real terms in 2015 at $918 and is now $143 (15.58%) lower. 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. 1. Condo for rent is now available for the same pricing as previously — 950 $. The average apartment rent in this residential neighborhood costs $1,036. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. From luxury houses to affordable condos to urban townhomes, there are many different types of real estate in Morgantown, WV. Fair Market Rent prices in Morgantown are average compared to the national average. This FMR area is more expensive than 82% of other FMR areas. An apartment unit for rent in this submarket costs renters from $495 to $1,595. 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. This is a 9% increase compared to the previous year. A 2-bed house rent price declined by an average 1.6%, it now goes for $1,673. - The Income Tax Rate for Morgantown is 6.5%. In Morgantown, WV, 43.3% of people are home owners and an average of 2.4 people occupy each home. The average rent for a 4 bedroom apartment in Morgantown, WV is $506. 2,184 sqft. Morgantown rent as a percent of median income, median household income data for Morgantown, Renter Fraction in Morgantown West Virginia. House for rent. $851. Morgantown is the county seat of Monongalia County, West Virginia, United States, situated along the Monongahela River. Since then it has fallen by 6.10% to 16.49%. 1 day ago. You can also find rental houses and condos. Median Rent. 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. The average rent for a 1-bedroom apartment increased by 56% to $979, and the average rent for a … 1 Average gross rent in Morgantown was $752 in 2019. 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. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. You can calculate the renter fraction in Morgantown in at least two ways: by housing units or by population. 2 ba. 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. 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. $600. $1,350 USD: Newly remodel townhouse in walking distance of several amenities. $775/mo. Contact Property(304) 296-7930. 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 … Contact [email protected] (or @deptofnumbers on Twitter) if you have any questions, comments or suggestions. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities Updated 23 hours ago. Median gross rent for Morgantown peaked in nominal terms in 2015 at $865 and is now $90 (10.40%) lower. 115 Forest Dr, Morgantown, WV 26505. 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. Statistics show that house rent price decreased by 1% this month making it up to 1.444 $. The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters. $813 - $1,024. $925 USD: This is a unique 1 bedroom in Morgantown. Search rentals in Morgantown, WV. ↩, 3. I've gone with the housing units measure here. 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. Click on a listing to view details, or refine your search for Morgantown apartments to search by price, beds and other criteria. ... Total Crimes. 1 Bed • 1 Bath. Apartment rent in Morgantown has increased by 3.9% in the past year. View more properties. Fair Market Rent for a two-bedroom apartment in Morgantown is $861 per month.. No warranty or guarantee of accuracy is offered or implied. Most Affordable. Save this home. Morgantown Housing Market Information. 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. Let Apartment Finder guide you in the process of finding your new home and getting a great deal! What are the average rent costs of a one bedroom apartment in Morgantown, WV? 1-1.5 Baths. - The Median household income of a Morgantown resident is $32,400 a year. The average cost for a home is $123,000 and the median cost for renting is $645 a month. 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. Downtown Morgantown Rental Pricing. Over the Aug 2020, the average rent for a single-family house in/near Morgantown, WV increased by 0.1% to $1,608. 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. Apartments for rent in Morgantown, West Virginia have a median rental price of $1,400. Sqft Unknown Please Call. Data records for this series originated in 2005. Data on deptofnumbers.com is for informational purposes only. The previous year, rent for a two-bedroom home was $880 per month. Studio apartments average $1,138 and range from $1,040 to $1,290. Individuals can form independent opinions on everyday social and economic matters $ per..., 1 bath, sqft at 1314 Heritage Place in Morgantown West Virginia or... By 6.19 % to $ 1,290 because some rentals include utilities and housing are included if you any! And average rent for a two-bedroom apartment in Suncrest, Morgantown, WV increased 4.6... Renters from $ 1,040 to $ 979, and the average home rent in this submarket costs renters from 495! 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