Martinsburg Fair Market Rent FY 2008 Martinsburg, WV HUD Metro FMR Area Rental Data

Fair Market Rent prices in Martinsburg are high compared to the national average. This FMR area is more expensive than 85% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Martinsburg is $681 per month.

The previous year, rent for a two-bedroom home was $655 per month. This is a 3.97% increase year-over-year.

This FMR rate applies to Glengary, WV, Gerrardstown, WV, Shepherdstown, WV, Bunker Hill, WV, Kearneysville, WV, Falling Waters, WV, Inwood, WV, Berkeley Springs, WV, Hedgesville, WV, Martinsburg, WV and other cities within the region. The Metro Code or CBSA code for this region is METRO25180MM0877.

Additionally, This Fair Market Rent (FMR) area Martinsburg, WV HUD Metro FMR Area spans one county or city in West Virginia which is listed in the table below. Estimated population of Martinsburg, WV HUD Metro FMR Area FMR area is 75,905 people based on latest Census data.

Compared to the rest of West Virginia, the Martinsburg FMR area is more expensive than 95% of the state.

Median Rent Prices in Martinsburg

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50^th Percentile Rental Prices: