Home Price Key
Affordable
Average
Expensive
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 $235,238, higher than the West Virginia average of $138,399.
The average cost of rent is $936/mo in Morgantown, primarily driven by the current value of real estate in the Morgantown area. While nearly 43.51% of residents own their homes outright in Morgantown, 47.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morgantown is $5,559 per month. Households that rent pay about 16.84% of their income on rent here. Morgantown's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Westover, WV: less expensive homes
- Star City, WV: equally priced homes
- Granville, WV: less expensive homes
- Brookhaven, WV: equally priced homes
- Osage, WV: less expensive homes
- Baker Ridge, WV: higher priced homes
- Randall, WV: less expensive homes
- Dellslow, WV: less expensive homes
- West Van Voorhis, WV: equally priced homes
- Cheat Lake, WV: higher priced homes
Cities with Similar Populations
- Bismarck, ND: higher priced homes
- Brownsville, TX: less expensive homes
- Boca Raton, FL: higher priced homes
- Boston, MA: higher priced homes
- Broomfield, CO: higher priced homes
- Binghamton, NY: less expensive homes
- Bremerton, WA: higher priced homes
- Bolingbrook, IL: equally priced homes
- Brick, NJ: higher priced homes
- Bronx, NY: higher priced homes
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