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Fair Market Rent Prices in Morgantown, WV :
$476 $495 $586 $760 $901
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 Morgantown are average compared to the national average. This FMR area is more expensive than 50% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Morgantown is $586 per month.

The previous year, rent for a two-bedroom home was $605 per month. This is a 3.14% decrease year-over-year.

This FMR rate applies to Pursglove, WV, Osage, WV, Cassville, WV, Pentress, WV, Bretz, WV, Blacksville, WV, Eglon, WV, Wana, WV, Arthurdale, WV, Granville, WV and other cities within the region. The Metro Code or CBSA code for this region is METRO34060M34060.

Additionally, This Fair Market Rent (FMR) area Morgantown, WV MSA spans two counties or cities in West Virginia which ares listed in the table below. Estimated population of Morgantown, WV MSA FMR area is 111,200 people based on latest Census data.

Compared to the rest of West Virginia, the Morgantown FMR area is more expensive than 84% 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 Morgantown. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Morgantown

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 $ 487
1-BR 1-Bedroom $ 530
2-BR 2-Bedroom $ 637
3-BR 3-Bedroom $ 854
4-BR 4-Bedroom $ 936
Change Year:

The counties, cities, towns, and regions listed below fall into the Morgantown, WV MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers two metro areas: Clarksburg - Weston and Pittsburgh.

County / Region Est. Population
Monongalia County, WV Metro 81,866
Preston County, WV Metro 29,334
Zip Codes in Morgantown, WV MSA

There are 27 unique zip codes in this Fair Market Rent (FMR) area:

26287, 26374, 26410, 26425, 26444, 26501, 26504, 26506, 26507, 26519, 26520, 26521, 26524, 26525, 26527, 26531, 26534, 26537, 26542, 26543, 26544, 26546, 26547, 26590, 26705, 26716 and 26764

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