Morgantown
West Virginia · Ranked #160 of 373 metros
80Affordable
💡
Housing in Morgantown costs 3.98× the median income, below the national average of 4.5×. The median home price is $235K and median rent is $903/month. Morgantown ranks #160 of 373 metros for affordability.
Median Home Price
🏠$235K
Need $69K income
Median Rent
🔑$903
Need $36K income
Building Permits
🔨16
annual
Median Income
💰$59K
Pop: 145,781
Rent Burden
⚠️19.0%
of renters paying >30%
Homeownership
🏡63.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Morgantown | National |
|---|---|---|
| Price-to-Income Ratio | 3.98x | 6.1x |
| Rent Burden | 19.0% | 31.5% |
| Homeownership Rate | 63.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +40.4%Since 2000: +178.7%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$871/mo
1 Bedroom$877/mo
2 Bedroom$1,099/mo
3 Bedroom$1,318/mo
4 Bedroom$1,657/mo
Zillow Market Data
Home Value (ZHVI)
$215K
1yr: +0.9%5yr: +18.4%
Rent (ZORI)
$1,328/mo
1yr: +3.6%5yr: +23.8%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$265K
Active Inventory
67
Days on Market
129
Sold Above List
9.1%
Price Drops
11.9%