What Is the Average Rent in West Virginia?
Understand West Virginia's average rent. Get clear insights into typical rental costs and what shapes prices statewide.
Understanding rental costs in West Virginia is an important consideration for individuals planning to relocate, manage their budgets, or gain insight into the local housing market. Knowing the average rent helps prospective residents and current tenants alike assess affordability and make informed financial decisions. This information is also valuable for landlords and property investors looking to understand market trends and set competitive pricing for their properties.
Statewide Average Rent Figures
The average rent for all property types across West Virginia is approximately $1,150 as of May 2024. This figure represents a broad average, encompassing various property sizes and locations throughout the state. Rent prices in West Virginia have seen some fluctuations, with a slight decrease of around 1% over the past year. Despite this minor dip, the overall rental market remains relatively stable.
Current data indicates that the statewide average for a one-bedroom apartment is around $995, while a two-bedroom unit averages about $1,195. These figures provide a general benchmark for the state’s rental landscape. The average rent per square foot in West Virginia is approximately $1.06, which can also help in comparing costs across different property sizes.
Rent Variations by Location
Rental costs in West Virginia can vary significantly depending on the specific city or region. For instance, Morgantown, a prominent university town, typically has higher average rents compared to the statewide average. The average rent in Morgantown is approximately $1,300 per month. This higher cost often reflects strong demand driven by the student population and local economic activity.
Charleston, the state capital, also shows rent figures above the state average, with an average of around $1,250 per month. In Huntington, another major city, the average rent is slightly lower than Charleston, typically around $1,100. In contrast, smaller towns and more rural areas often present more affordable rental options, with averages potentially falling below $1,000. These differences highlight the impact of local economies, population density, and available amenities on rental pricing.
Rent Variations by Property Type
The type of rental property significantly influences the average rent in West Virginia. One-bedroom apartments generally represent the most affordable option, with a statewide average rent of approximately $995. These units are popular among single individuals or couples seeking more compact living spaces. The cost for a one-bedroom apartment can vary, sometimes ranging from $800 to $1,100 depending on location and amenities.
Two-bedroom apartments command a higher average rent, typically around $1,195 across the state. These properties offer more space and are often suitable for small families or roommates. Larger properties, such as three-bedroom homes, have a statewide average rent of approximately $1,395. These larger homes tend to be the most expensive rental options, reflecting increased square footage and additional features like yards or multiple bathrooms.
Key Factors Influencing Rent
Several factors contribute to the varying rent prices observed across West Virginia. Local economic conditions play a substantial role, with areas experiencing job growth and economic development often seeing higher rental demand and, consequently, higher prices. The availability of amenities, such as schools, shopping centers, and recreational facilities, also influences rental values. Properties in areas with more desirable amenities tend to command higher rents.
Population density and housing supply are additional determinants of rental costs. Regions with a higher concentration of residents and limited housing inventory typically experience increased competition among renters, which can drive up prices. Conversely, areas with a greater supply of rental units relative to demand may see more stable or even declining rental rates. These interconnected factors shape the overall rental market dynamics throughout West Virginia.
Statewide Average Rent Figures
The average rent for all property types across West Virginia is approximately $1,200 as of August 2025. This figure represents a broad average, encompassing various property sizes and locations throughout the state. Rent prices in West Virginia have shown some changes, with a $150 increase in average rent over the past year. The state’s average rent is notably lower than the national average, standing at about 43% less than the typical U.S. rental cost.
Rent Variations by Location
Rental costs in West Virginia can differ significantly depending on the specific city or region. Morgantown, a prominent university town, typically has higher average rents compared to the statewide average, reaching approximately $1,406 per month as of August 2025. This higher cost often reflects strong demand driven by the student population and local economic activity.
Charleston, the state capital, shows average rent figures of about $960 per month as of August 2025. In Huntington, another major city, the average rent is approximately $875 per month as of August 2025. In contrast, smaller towns and more rural areas often present more affordable rental options, with averages potentially falling below these city figures. These differences highlight the impact of local economies, population density, and available amenities on rental pricing.
Rent Variations by Property Type
The type of rental property significantly influences the average rent in West Virginia. One-bedroom apartments generally represent a more affordable option, with a statewide average rent of approximately $929 per month as of August 2025. These units are popular among single individuals or couples seeking compact living spaces.
Two-bedroom apartments command a higher average rent, typically around $1,121 per month across the state as of August 2025. These properties offer more space and are often suitable for small families or roommates. Larger properties, such as three-bedroom rentals, have a statewide average rent of approximately $1,552 per month as of August 2025. These larger homes tend to be the most expensive rental options, reflecting increased square footage and additional features.