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Rental Market Trends in Elkins, WV

What is the average rent in Elkins, WV?

$416/month

Average Rent

693 Sq Ft

Average Apartment Size

+0.9%

Increase in the Last Year

As of May 2025, the average rent in Elkins, WV is $416 per month. This is 74% lower than the national average rent of $1,627/month, making renting in Elkins more affordable than most cities in the US. When you rent an apartment in Elkins, you can expect to pay about $444 per month for a studio, $416 for a one-bedroom apartment, and around $415 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $547 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$444/month
478 Sq Ft
One Bedroom
$416/month
693 Sq Ft
Two Bedroom
$415/month
850 Sq Ft
Three Bedroom
$547/month
1,186 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Elkins, WV?

In the past year, rent has increased by 0.9%, which averages out to $4 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2025
Legend
2024 2025
Market Trends Over Time

What salary do I need to live comfortably in Elkins, WV?

Because the average rent in Elkins is $416, you’ll want to make about $1,386 per month or $16,632 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Elkins, WV

1 Available Apartments for Rent

Search for Nearby Apartments

How does Elkins, WV compare to other nearby cities and neighborhoods?

Use the tool below to compare Elkins, WV to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Apartment communities in Elkins we think you'll love

125 4th St

125 4th St

125 4th St,
Elkins, WV 26241

4 Beds | $900

Hyden Greene

Hyden Greene

43 Hyden Dr,
Philippi, WV 26416

2 Beds | $470 - $791

90 Water St

90 Water St

90 Water St,
Beverly, WV 26253

3 Beds | $1,300

461 Elliott Ave

461 Elliott Ave

461 Elliott Ave,
Belington, WV 26250

3 Beds | $1,200

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United States West Virginia Elkins Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity