Morgantown, WV has a population of 30,099, while the median age is 24. The household income in Morgantown, WV is around $37,900. The homeownership rate among the residents is 43%. The median residential property value in Morgantown, WV that you should keep in mind is $182,500.
Population | 30,099 |
Median Age | 24.1 |
Poverty Rate | 35% |
Household Income | $37,900 |
Number Of Employees | 13,738 |
Median Property Value | $182,500 |
Rent Price | Jan | vs Last Month |
---|---|---|
1-bed apartments | $695 | +36.3% |
2-bed apartments | $1,002 | -35.4% |
3-bed apartments | $1,844 | -9.8% |
4+ bed apartments | $2,500 | +26.3% |
Over the Jan 2023, the average rent for an apartment in/near Morgantown, WV decreased by 21.3% to $1,391.
Breaking it down in details, we now see that the average price for 1-bed apartment increased by 36.3% to $695. Pricing for 2-bed apartment also decreased by 35.4% and a place of this size will now cost you $1,002. 3-bed apartment rent pricing starts at $1,844, it decreased by 9.8% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 26.3% and made it up to $2,500.
Rent Type Price | Jan | vs Last Month |
---|---|---|
Houses for rent | $1,635 | -0.7% |
Condos for rent | $1,800 | -14.3% |
Apartments for rent | $878 | +72.2% |
Rooms for rent | $200 | N/A |
The median rent for an apartment in Morgantown, WV increased by 72.2% to $878. Statistics show that house rent price decreased by 0.7% this month making it up to $1,635. Condos faced an upward trend these days. The median rent for a condo decreased by 14.3%, it’s now available for $1,800. If you’re looking for a room, the price tag still starts at $200. The median price did not change this time.