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Rental Market Trends in Morgantown, WV

What is the average rent in Morgantown, WV?

$873/month

Average Rent

569 Sq Ft

Average Apartment Size

-0.9%

Decrease in the Last Year

As of October 2025, the average rent in Morgantown, WV is $873 per month. This is 46% lower than the national average rent of $1,630/month, making renting in Morgantown more affordable than most cities in the US. When you rent an apartment in Morgantown, you can expect to pay about $435 per month for a studio, $873 for a one-bedroom apartment, and around $1,125 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,678 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$435/month
393 Sq Ft
One Bedroom
$873/month
569 Sq Ft
Two Bedroom
$1,125/month
878 Sq Ft
Three Bedroom
$1,678/month
1,508 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,147/month
1,287 Sq Ft
Three Bedroom
$1,666/month
1,761 Sq Ft
Four Bedroom
$3,091/month
2,264 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,698/month
1,494 Sq Ft
Four Bedroom
$2,696/month
2,001 Sq Ft

How much has average rent changed in Morgantown, WV?

In the past year, rent has decreased by 0.9%, which averages out to $7 less per month.

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

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Morgantown?

Based on current rent prices, Greenmont, Downtown Morgantown and Independence Hill are the most affordable neighborhoods in Morgantown.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Greenmont
$726/month
750 Sq Ft
Downtown Morgantown
$820/month
690 Sq Ft
Independence Hill
$1,017/month
592 Sq Ft

What are the most expensive neighborhoods in Morgantown?

Based on current rent prices, Independence Hill, Downtown Morgantown and Greenmont are the most expensive neighborhoods in Morgantown.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Independence Hill
$1,017/month
592 Sq Ft
Downtown Morgantown
$820/month
690 Sq Ft
Greenmont
$726/month
750 Sq Ft

Which Morgantown neighborhoods have the most rentals available?

The neighborhoods in Morgantown with the most apartments available are Downtown Morgantown, Independence Hill and Greenmont .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Morgantown
$820/month
690 Sq Ft
Independence Hill
$1,017/month
592 Sq Ft
Greenmont
$726/month
750 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Morgantown is $873, you’ll want to make about $2,910 per month or $34,920 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.

Cost of Living

The cost of living in Morgantown, WV is 7.1% lower than the national average. Generally, housing in Morgantown is 18.4% less expensive than the national average, with rent falling between $435 - $1,678. You can expect to pay 4.5% less for groceries, 7.7% less for utilities, and 1.3% less for transportation.

City

Morgantown, WV

764 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Morgantown, 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.

Explore the Area Guide for Morgantown, WV

Apartment Averages

Greenmont

Morgantown, WV

Independence Hill

Morgantown, WV

Studio
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-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
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Nearby City Rent Trends

  • Fairmont Average Rent

Apartment communities in Morgantown we think you'll love

Northside Hills

Northside Hills

1000 District Dr,
Morgantown, WV 26505

$475 - $1,300

2-4 Beds

Domain at Town Centre

Domain at Town Centre

5000 Domain Dr,
Morgantown, WV 26501

$580 - $2,780

1-4 Beds

Campus View Apartments

Campus View Apartments

1067 Maple Dr,
Morgantown, WV 26505

$600 - $3,750

Studio - 6 Beds

Graycliff Luxury Townhomes

Graycliff Luxury Townhomes

522 Blackstone Dr,
Morgantown, WV 26508

$1,730 - $2,325

2-4 Beds

Property Management Companies in Morgantown, WV

Red Brick Property Management
Red Brick Property Management
  • 10

    Communities

  • 107

    Units

  • 2

    Cities

10 Communities in Morgantown
Mountain Creek Properties
Mountain Creek Properties
  • 19

    Communities

  • 2,351

    Units

  • 13

    Cities

3 Communities in Morgantown
Woda Cooper Companies
Woda Cooper Companies
  • 64

    Communities

  • 3,394

    Units

  • 52

    Cities

2 Communities in Morgantown
Sharp Management Corporation
Sharp Management Corporation
  • 25

    Communities

  • 6,310

    Units

  • 19

    Cities

2 Communities in Morgantown
Greystar
Greystar
  • 3,427

    Communities

  • 946,595

    Units

  • 870

    Cities

1 Community in Morgantown
Cardinal Group Management and Advisory, LLC
Cardinal Group Management and Advisory, LLC
  • 168

    Communities

  • 34,300

    Units

  • 87

    Cities

1 Community in Morgantown
Coastal Ridge Real Estate
Coastal Ridge Real Estate
  • 109

    Communities

  • 25,093

    Units

  • 58

    Cities

1 Community in Morgantown
Gates Hudson
Gates Hudson
  • 101

    Communities

  • 20,206

    Units

  • 44

    Cities

1 Community in Morgantown

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United States West Virginia Morgantown 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 September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity