- The Median household income of a Morgantown resident is $32,400 a year. The average rent for a studio apartment in Morgantown, WV is $530. Fair Market Rent prices in Morgantown are high compared to the national average. ↩. There are 171 active apartments for rent in Morgantown, which spend an average of 74 days on the market. 2020 Morgantown median and average rent data will be released in September of 2021. Contact ben@deptofnumbers.com (or @deptofnumbers on Twitter) if you have any questions, comments or suggestions. Since then it has fallen by 6.19% to 6.59%. 7+ days ago. The US average is 4.6%. 1-3 Beds. Over the Aug 2020, the average rent for a single-family house in/near Morgantown, WV increased by 0.1% to $1,608. Average prices of more than 40 products and services in Morgantown, WV, United StatesDec 2020. Apartment rent in Morgantown has increased by 4.6% in the past year. 389 Gilmore St. Morgantown, WV 26505. Morgantown, WV 26501. 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 … Using median household income data for Morgantown, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. Let Apartment Finder guide you in the process of finding your new home and getting a great deal! Morgantown is the county seat of Monongalia County, West Virginia, United States, situated along the Monongahela River. Save this home. 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. Median Rent. 650 - 1,600 Sq.Ft. Privacy policy. An average room will now go for 597 $, the median rent price for a room decreased by 10.3%. Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability. Data on deptofnumbers.com is for informational purposes only. 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. The average home rent in this residential submarket is $1,018. House for rent. What are the average rent costs of a one bedroom apartment in Morgantown, WV? Morgantown rent as a percent of median income, median household income data for Morgantown, Renter Fraction in Morgantown West Virginia. The average rent for a 1-bedroom apartment apartment in Suncrest, Morgantown, WV is currently $660. 2 ba. Median gross rent for Morgantown peaked in real terms in 2015 at $918 and is now $143 (15.58%) lower. Median gross rent for Morgantown peaked in nominal terms in 2015 at $865 and is now $90 (10.40%) lower. ↩, 2. 1 ba. Homeowners tend to be in the minority in Morgantown, and 60% of residents rent their homes despite an average rent of $863/month, considerably higher than the state average of $708. $925 USD: This is a unique 1 bedroom in Morgantown. An apartment unit for rent in this submarket costs renters from $495 to $1,595. The Morgantown household renter fraction peaked in in 2012 at 39.87% and is now 4.88% below that level. The population was 29,660 at the 2010 Census Bureau, making Morgantown the largest city in North-Central West Virginia. The median rent for an apartment in Morgantown, WV increased by 7.1% to 1.389 $. 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. The rental vacancy rate in Morgantown peaked in 2016 at 12.78%. 1 day on Zillow. This is a 9% increase compared to the previous year. I've gone with the housing units measure here. Apartment for rent. Since then it has fallen by 6.10% to 16.49%. 115 Forest Dr, Morgantown, WV 26505. Sqft Unknown Please Call. Click on a listing to view details, or refine your search for Morgantown apartments to search by price, beds and other criteria. View prices, photos, virtual tours, floor plans, amenities, pet policies, rent specials, property details and availability for apartments at Campus View Apartments on ForRent.com. In Morgantown, WV, 43.3% of people are home owners and an average of 2.4 people occupy each home. The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters. 194 Highland Ave, Morgantown, WV 26505. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. Updated 23 hours ago. The luxurious kitchen features stainless steal appliances, granite counter-tops and abundant cabinets. Save this home. This measure looks at the number of renting households in Morgantown as a fraction of total Morgantown households. The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Morgantown West Virginia was 6.59% according to Census ACS data. The average rent for a 4 bedroom apartment in Morgantown, WV is $506. The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Morgantown City apartment buildings 50 units or larger.Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets. $813 - $1,024. $600. Campus View Apartments for rent in Morgantown, WV. The median monthly gross residential rent in Morgantown, WV (the Morgantown metro area) was $775 in 2019 according to the Census ACS survey. This FMR area is more expensive than 72% of other FMR areas. 1 day ago. View more properties. ↩, 3. 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 bathroom - 1100 square feet with two decks small pets ok Included: Central heat and AC, washer/dryer in unit, dishwasher, refrigerator, 2 parking spots For Rent: 925 - Residential, 1 bed, 1 bath, sqft at 749 Richwood Avenue in Morgantown. Fair Market Rent for a two-bedroom apartment in Morgantown is $861 per month.. (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). 2 Beds1–3 Baths. Average gross rent for Morgantown peaked in real terms in 2015 at $938 and is now $186 (19.83%) lower. 4 Riddle Court, Morgantown, WV 26505. For Rent: 1350 - Residential, 2 bed, 1 bath, sqft at 1314 Heritage Place in Morgantown. A 2-bed house rent price declined by an average 1.6%, it now goes for $1,673. You can also find rental houses and condos. Data records for this series originated in 2005. Rent Trends As of December 2020, the average apartment rent in Morgantown, WV is $536 for a studio, $771 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 US average is $28,555 a year. 1. This system is the oldest and most extensive in the world. 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. West Virginia University is located in the city. 1-1.5 Baths. The median rent price in Morgantown, WV is $742 which is 13% higher than the West Virginia average. Morgantown, WV Apartments for Rent. 817+ Sqft $705–$750. Downtown Morgantown Rental Pricing. The fraction of median Morgantown household income required to pay median monthly gross rent peaked in 2015 (relative to the 2005 series origin) at 22.59%. 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. $1,350 USD: Newly remodel townhouse in walking distance of several amenities. One bedroom apartments in Morgantown rent for $581 a month on average (a 6.71% decrease from last year) and two bedroom apartment rents average $791 (a 0.13% increase from last year). ... Total Crimes. Prices of restaurants, food, transportation, utilities and housing are included. 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. Search rentals in Morgantown, WV. $851. Fair Market Rent for a two-bedroom apartment in Morgantown is $787 per month. Upscale Modern design with an open floor plan, soaring ceiling, exposed beams and duct work provide a contemporary living experience. (304) 215-1319. MountainCreek Properties Management. The previous year, rent for a two-bedroom home was $823 per month. 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. Office Space for Rent in Morgantown, WV on Oodle Classifieds. 1 Bed • 1 Bath. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities How much are 5+ bedroom apartments near West Virginia cost? The average apartment rent in this residential neighborhood costs $1,036. The origin year for the series is 2005. Search Homes For Sale In Morgantown, WV. - The Income Tax Rate for Morgantown is 6.5%. 2 bds. You can calculate the renter fraction in Morgantown in at least two ways: by housing units or by population. 736 sqft. - Tax Rates can have a big impact when Comparing Cost of Living. Morgantown Housing Market Information. 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. Morgantown is a terrific choice for your new apartment. Apartment rent in Morgantown has increased by 3.9% in the past year.
Edge Flip Algorithm 5x5,
How To Become A Private Music Teacher Uk,
Vjti Mtech Cutoff,
Stagecoach Tavern Menu,
Red Hulk Wallpaper,
Brad Taste In Music Aoty,
Market Supply Curve,