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RentData.org Logo Martinsburg Fair Market Rent FY 2014 Martinsburg, WV HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Martinsburg, WV :
$488 $558 $741 $957 $990
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Martinsburg are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Martinsburg is $741 per month.

The previous year, rent for a two-bedroom home was $708 per month. This is a 4.66% increase year-over-year.

This FMR rate applies to Glengary, WV, Great Cacapon, WV, Gerrardstown, WV, Shepherdstown, WV, Bunker Hill, WV, Kearneysville, WV, Falling Waters, WV, Inwood, WV, Berkeley Springs, WV, Hedgesville, 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 two counties or cities in which ares listed in the table below. Estimated population of Martinsburg, WV HUD Metro FMR Area FMR area is 121,710 people based on latest Census data.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Martinsburg. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

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.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 512
1-BR 1-Bedroom $ 586
2-BR 2-Bedroom $ 778
3-BR 3-Bedroom $ 1004
4-BR 4-Bedroom $ 1040
Change Year:

The counties, cities, towns, and regions listed below fall into the Martinsburg, WV HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Washington, Dc (Hagrstwn).

County / Region Est. Population
Berkeley County, WV Metro 104,169
Morgan County, WV Metro 17,541
Zip Codes in Martinsburg, WV HUD Metro FMR Area

There are 15 unique zip codes in this Fair Market Rent (FMR) area:

25401, 25402, 25403, 25404, 25405, 25411, 25413, 25419, 25420, 25421, 25422, 25427, 25428, 25430 and 25443

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