Rental market snapshot for Morgantown, West Virginia

Morgantown, West Virginia Rental Property Market Overview

Morgantown, West Virginia is a vibrant city with a population of 29,219 as of 2021 according to the US Census. It is home to West Virginia University, a vibrant downtown area, and a variety of outdoor activities. The city is known for its diverse culture, excellent restaurants, and vibrant nightlife. It is a great place to live, work, and play, with plenty of opportunities for entertainment, education, and recreation.

The average rent for an apartment in Morgantown is $1,298. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Morgantown West Virginia | Cost of Living

  • The most expensive ZIP code in Morgantown is 26505 with an average price of $1,454.
  • The cheapest ZIP code in Morgantown is 26501 with an average price of $1,153.

Morgantown ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
126505$1,454
226508$1,284
326501$1,153

Live near Morgantown, West Virginia's Top Sights and Attractions

White Park is a picturesque outdoor area located in a residential neighborhood. It features a large pond with a fountain, a playground, a walking trail, and plenty of open green space. The park is a popular spot for families, couples, and individuals alike, offering a peaceful and tranquil atmosphere. Visitors can enjoy a picnic, take a leisurely stroll, or simply relax and take in the beauty of the park.

Mylan Park is a large outdoor recreation area located in the hills of West Virginia. It features a variety of activities for visitors to enjoy, including a large lake for swimming, fishing, and boating, as well as trails for hiking, biking, and horseback riding. There are also several sports fields, a playground, and picnic areas. The park also hosts a variety of events throughout the year, such as concerts, festivals, and races.

Marilla Park is a picturesque outdoor area located in a small valley. It features a large lake surrounded by lush green trees and rolling hills. There are several walking trails, picnic areas, and a playground for children. The park also has a large pavilion for special events and a gazebo for relaxing. The lake is stocked with fish and is a popular spot for fishing and boating. Visitors can also enjoy the scenic views of the surrounding countryside.

Core Arboretum is a beautiful outdoor attraction located in Morgantown, West Virginia. It features a variety of trees, shrubs, and flowers, as well as a variety of wildlife. Visitors can explore the grounds on foot or by bike, and enjoy the peaceful atmosphere. There are also several benches and picnic tables scattered throughout the grounds, making it a great spot for a picnic or a leisurely stroll. The Arboretum also offers educational programs and activities, such as guided tours, bird watching, and nature photography.

Raymond J Lane Park is a large outdoor recreational area located in a picturesque valley. It features a variety of activities, including a large lake for fishing, a playground, walking trails, and picnic areas. There are also several sports fields, including a baseball diamond, basketball court, and volleyball court. The park also has a large pavilion, perfect for hosting events or gatherings. The park is surrounded by lush trees and rolling hills, providing a peaceful and serene atmosphere.

The Morgantown History Museum is a unique attraction that showcases the history of the area. It features a variety of exhibits that tell the story of the city's past, from its founding in 1772 to the present day. Visitors can explore the museum's collections of artifacts, photographs, documents, and other items that tell the story of the city's growth and development. The museum also offers interactive activities, such as a scavenger hunt, to help visitors learn more about the city's history.

Earl L Core Arboretum is a beautiful outdoor attraction located in West Virginia. It is a peaceful and tranquil place that is perfect for a relaxing stroll. The arboretum is home to a variety of trees, shrubs, and flowers, as well as a variety of birds and other wildlife. There are also several trails and paths that wind through the grounds, allowing visitors to explore the area and take in the natural beauty. The arboretum also offers educational programs and activities for visitors of all ages.

Riverfront Museums is an attraction located along the banks of the Monongahela River in West Virginia. It is a collection of museums and galleries that showcase the history and culture of the area. Visitors can explore a variety of exhibits, including a Civil War museum, a Native American museum, and a museum dedicated to the history of the region's coal mining industry. The museums also feature interactive displays, educational programs, and special events throughout the year.

Milan Puskar Stadium is a 60,000-seat college football stadium located in Morgantown, West Virginia. It is home to the West Virginia Mountaineers football team and is one of the largest stadiums in the Big 12 Conference. The stadium features a state-of-the-art video board, luxury suites, and a wide variety of concessions. The stadium also hosts a variety of events throughout the year, including concerts, festivals, and other special events.

Jack Roberts Park is a scenic outdoor area located in Morgantown, West Virginia. It features a variety of activities for visitors to enjoy, including a large playground, walking trails, picnic areas, and a pond. The park also has a pavilion, which is perfect for hosting events such as birthday parties or family reunions. The park is surrounded by lush greenery and is a great place to relax and take in the beauty of nature.

Morgantown, West Virginia area median rent change by ZIP code map

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How does Morgantown compare to other cities in West Virginia?

citymedian price
Charleston$1,250
Fairmont$900
Barboursville$850
Wheeling$850
Huntington$795
Summersville$605

Average household income in Morgantown area graph - US Census

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The median household income in Morgantown in 2021 was $36,991. This represents a 33.4% change from 2011 when the median was $27,737.

#categorypercent
0Less than $10,00018.7%
1$10,000 to $14,9997.2%
2$15,000 to $19,9995.2%
3$20,000 to $24,9995.1%
4$25,000 to $29,9994.1%
5$30,000 to $34,9993.7%
6$35,000 to $39,9993.8%
7$40,000 to $44,9994.3%
8$45,000 to $49,9993.3%
9$50,000 to $59,9996.7%
10$60,000 to $74,9995.4%
11$75,000 to $99,9998.9%
12$100,000 to $124,99910.8%
13$125,000 to $149,9992.8%
14$150,000 to $199,9994.3%
15$200,000 or more5.7%

Neighborhoods in Morgantown

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Morgantown is $1,298.
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