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These days, finding an affordable place to live in the Morgantown area can be challenging. Home prices in Morgantown are now at a median cost of $162,200, lower than the Ohio average of $236,816.
The average cost of rent is $848/mo in Morgantown, primarily driven by the current value of real estate in the Morgantown area. In Morgantown, 39.02% of households rent, and 96.00% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morgantown is $1,834 per month. Households that rent pay about 46.24% of their income on rent here. Morgantown’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Idaho, OH: less expensive homes
- Buchanan, OH: equally priced homes
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- Wakefield, OH: equally priced homes
- Piketon, OH: equally priced homes
- Bainbridge, OH: less expensive homes
- Cynthiana, OH: less expensive homes
- Jasper, OH: equally priced homes
- Fruitdale, OH: less expensive homes
Cities with Similar Populations
- So-Hi, AZ: higher priced homes
- Kolter, LA: equally priced homes
- Kummer, WA: higher priced homes
- Lacey, AR: higher priced homes
- Laurel Grove, VA: equally priced homes
- Slandsville, SC: higher priced homes
- Slater, SC: higher priced homes
- Smith-Lee, OK: less expensive homes
- Smithport, PA: less expensive homes
- Smithville, MD: higher priced homes
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