Affordable Housing in Morgantown, WV

Current Market Conditions in Morgantown, WV

The Morgantown real estate market has seen steady growth over the past few years, with an influx of new residents attracted by the university and job opportunities. Home prices have increased moderately, but the market remains affordable compared to larger urban areas.

There is a growing demand for rental properties due to the large student population, resulting in a competitive market for landlords. Investment opportunities are strong, especially for multi-family homes and student housing.

Rent Prices In Morgantown, WV

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Morgantown, WV, is on a rollercoaster ride. The average rent price in Morgantown, WV, is $1,443.00. Indeed, when looking to rent in Morgantown, WV, you can expect to pay as little as $540.00 or as much as $2,360.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Morgantown, WV -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.