Median rent for residential apartments in Morgantown, WV as of Jan, 2023.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
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60 Morgantown, WV, USA apartments for rent
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Morgantown
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 |
Housing Trends
How much is an apartment in Morgantown, WV, USA
Average apartment rent in Morgantown: $1,391 (-21.3%)
| 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.
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