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RentData.org Logo Martinsburg Fair Market Rent FY 2020 Martinsburg, WV HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Martinsburg, WV :
$744 $751 $951 $1,267 $1,662
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Martinsburg are high compared to the national average. This FMR area is more expensive than 88% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Martinsburg is $951 per month.

The previous year, rent for a two-bedroom home was $1,014 per month. This is a 6.21% decrease 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 0 people based on 2000 Census data.

Compared to the rest of West Virginia, the Martinsburg FMR area is more expensive than 96% of the state.

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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 $ 788
1-BR 1-Bedroom $ 793
2-BR 2-Bedroom $ 1007
3-BR 3-Bedroom $ 1329
4-BR 4-Bedroom $ 1759
Change Year:

There is just one county (listed below) within the Martinsburg, WV HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Washington, Dc (Hagrstwn).

County / Region Est. Population
Berkeley County, WV Metro 0
Zip Codes in Martinsburg, WV HUD Metro FMR Area

There are 14 unique zip codes in this Fair Market Rent (FMR) area:

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

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