New Martinsville renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in New Martinsville is about $794 per month. This puts it in the 77th percentile compared to the state average cost of rent, which is $781. Households in New Martinsville have a median income of $4,560 per month so the average renter in New Martinsville is spending roughly 17% of their earnings on housing.
Nationally, and in New Martinsville, home values are the data point most closely correlated with the cost of rent. The median price of a home in New Martinsville is $119,852 right now, which is lower than nearby cities, meaning that rents in New Martinsville also tend to be lower versus these nearby cities.
Higher rent prices are common in the central parts of New Martinsville while lower rent rates are often available in northeastern areas.
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