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Rental Market Trends in Mount Hope, WV

What is the average rent in Mount Hope, WV?

$1,105/month

Average Rent

800 Sq Ft

Average Apartment Size

+0.4%

Increase in the Last Year

As of March 2026, the average rent in Mount Hope, WV is $1,105 per month. This is 32% lower than the national average rent of $1,627/month, making renting in Mount Hope more affordable than most cities in the US. When you rent an apartment in Mount Hope, you can expect to pay about per month for a studio, $1,105 for a one-bedroom apartment, and around $982 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,456 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,105/month
800 Sq Ft
Two Bedroom
$982/month
950 Sq Ft
Three Bedroom
$1,456/month
1,455 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 Mount Hope, WV?

In the past year, rent has increased by 0.4%, which averages out to $5 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Mount Hope, WV
Last Updated March 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Mount Hope, WV
Percentage*
Rent Range
0% Below $700/month
75% $700 - $1,000/month
25% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Mount Hope is $1,105, you’ll want to make about $3,683 per month or $44,196 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

Mount Hope, WV

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

Use the tool below to compare Mount Hope, 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 Mount Hope, WV

Apartment Averages

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  • Beckley Average Rent

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United States West Virginia Mount Hope 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 2026.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity