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Rental Market Trends in Princeton, WV

What is the average rent in Princeton, WV?

$673/month

Average Rent

580 Sq Ft

Average Apartment Size

+7.3%

Increase in the Last Year

Princeton, WV Rental Market Overview

The average rent in Princeton, WV is $673 per month. This is 59% lower than the national average rent of $1,644/month, making renting in Princeton more affordable than most cities in the US.

  • Studio apartments in Princeton average per month.
  • One-bedroom apartments in Princeton average $673 per month.
  • Two-bedroom apartments in Princeton average $609 per month.
  • Three-bedroom apartments in Princeton average $716 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$673/month
580 Sq Ft
Two Bedroom
$609/month
368 Sq Ft
Three Bedroom
$716/month
659 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 Princeton, WV?

In the past year, rent has increased by 7.3%, which averages out to $49 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 June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Princeton, WV
Last Updated June 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Princeton, WV
Percentage*
Rent Range
57% Below $700/month
43% $700 - $1,000/month
0% $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 Princeton, WV?

Because the average rent in Princeton is $673, you’ll want to make about $2,243 per month or $26,916 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

Princeton, WV

2 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Princeton, 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 Princeton we think you'll love

1121 Mercer St

1121 Mercer St

1121 Mercer St,
Princeton, WV 24740

$1,500 Total Monthly Price

2 Beds | 6 Month Lease

1125 Mercer St

1125 Mercer St

1125 Mercer St,
Princeton, WV 24740

$1,400 Total Monthly Price

2 Beds | 3 Month Lease

Fincastle Farms

Fincastle Farms

130-200 Barnwood Dr,
Bluefield, VA 24605

$1,000 - $1,350 Plus Fees

2-3 Beds

Pauli Heights

Pauli Heights

230 Pauli Heights Pl,
Bluefield, WV 24701

$625 - $800

1-3 Beds

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United States West Virginia Princeton 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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity