Average rent in Parkersburg

Average rent in Parkersburg,WV

In terms of the average rent in Parkersburg, WV, it is important to note that there have been fluctuations over the years. In particular, the average rent has gradually increased from 2019 to 2022, with the figure settling at around $800 per month. Looking ahead to 2023, however, it is predicted that this average will rise to approximately $1,045 per month. This increase is likely due to a combination of factors, such as population growth and the ongoing development of new housing options. As such, those who are currently renting in the area or considering moving to Parkersburg should be aware of this trend and plan accordingly.

Average rent in Parkersburg,WV for 1-bedroom

In terms of the average rent in Parkersburg, WV for a 1-bedroom apartment, there has been a notable increase in recent years. In 2023, the average rent is projected to be $850 per month, which marks a significant jump from the $750 average in 2020. Furthermore, when comparing the cost to 2015 when the average rent was only $575, it’s clear that prices have been rising steadily over time. As a result, it’s essential for renters in Parkersburg to be aware of these changes and plan accordingly for their housing expenses.

Average rent in Parkersburg,WV for 2-bedroom

In 2023, the average rent for a 2-bedroom apartment in Parkersburg, WV is $1,200. This is a significant increase from last year, when the average rent was $1,050. Moreover, comparing with the previous five years, the rent has been increasing steadily since 2018, when it was $900 per month. Looking into the future, it appears that the cost of living in Parkersburg, WV will likely continue to climb. Despite this, there are still many affordable housing options available in the area, making it an ideal location for families and individuals looking for a comfortable and vibrant community. In conclusion, understanding the rental trends in Parkersburg, WV is essential for anyone who plans to live or invest in the area.

Average rent in Parkersburg,WV for 3-bedroom

In terms of the average rent for a 3-bedroom in Parkersburg, WV, there has been a significant increase over the years. According to recent reports, the projected average rent for a 3-bedroom in Parkersburg for 2023 is $1,200, up from the 2022 average of $1,000. This is a drastic jump from the 2018 average of $800 and the 2015 average of $600. Despite this rise, Parkersburg remains an affordable option for those looking to rent in West Virginia. Moreover, it is expected that there will continue to be steady growth in the rental market in the coming years.

Average rent in Parkersburg,WV for studio

The average rent in Parkersburg, WV for a studio apartment is projected to be $700 in 2023. This represents a significant increase from the previous year, where the average rent was only $600. In fact, over the past five years, the average rent for a studio in Parkersburg has steadily increased, rising from just $500 in 2018 to its current projected level of $700. Despite these increases, however, the city remains an affordable option for renters in the area, particularly when compared to nearby cities like Charleston and Morgantown. With its combination of affordability and quality of life amenities, Parkersburg is sure to remain an attractive option for renters looking for a great place to call home.

Average rent in Parkersburg,WV for townhouse

According to recent statistics, the average rent in Parkersburg, WV for a townhouse in 2023 is estimated to be $1,200 per month. This represents a significant increase from the previous year, where rent prices were at an average of $1,050 per month. Additionally, compared to two years ago, rent prices have increased by over $200. Despite the rising costs, many renters still find Parkersburg to be an attractive location due to its convenient location, variety of amenities, and strong sense of community.

Most expensive neighborhoods in Parkersburg,WV

Parkersburg, WV offers a variety of neighborhoods with varying levels of affluence. However, there are a few neighborhoods with exceptionally high price tags, such as Meadows at Pharaoh’s Run, Highland Park, and Parkview. These neighborhoods boast grand estate homes with luxurious amenities and stunning views. Properties in these neighborhoods can sell for upwards of $1 million, making them some of the most expensive in Parkersburg. These exclusive neighborhoods offer residents a lavish lifestyle with access to high-end shopping, fine dining, and top-rated schools.

Most affordable neighborhoods in Parkersburg,WV

Parkersburg, WV has a variety of affordable neighborhoods to choose from. One of the most affordable neighborhoods is North Hills, with a median home price of around $102,000. Another affordable neighborhood is the Old Central Business District, with a median home price of around $80,000. Other affordable neighborhoods in Parkersburg include South Parkersburg and Avery Street, with median home prices ranging from $70,000 to $90,000. These neighborhoods offer a great opportunity for first-time homebuyers or those looking for a more affordable option in Parkersburg.

Most popular neighborhoods in Parkersburg,WV

Parkersburg, WV has a variety of beautiful neighborhoods. However, the most popular neighborhoods are North Hills, Blennerhassett Heights, and Woodland Park. North Hills features large homes on spacious lots, with beautiful views of the Ohio River. Blennerhassett Heights is a quiet, tree-lined neighborhood close to schools and shopping. Woodland Park is a family-friendly community with plenty of parks and green spaces, and easy access to downtown Parkersburg. These neighborhoods offer a high quality of life and are highly sought after by residents looking for a comfortable and welcoming place to call home.

Comparison with other cities

Here is a comparison of Parkersburg, WV’s average rent with 15 other cities in the US:
1. New York, NY – $4,128
2. Los Angeles, CA – $2,524
3. Chicago, IL – $1,786
4. Houston, TX – $1,157
5. Philadelphia, PA – $1,435
6. Phoenix, AZ – $1,195
7. San Antonio, TX – $1,024
8. San Diego, CA – $2,270
9. Dallas, TX – $1,278
10. San Jose, CA – $2,498
11. Austin, TX – $1,465
12. Jacksonville, FL – $1,192
13. Columbus, OH – $1,016
14. Fort Worth, TX – $1,218
15. Charlotte, NC – $1,179

FAQ

Q: What is the average rent in Parkersburg, WV in 2023?
A: According to the latest data, the average rent in Parkersburg, WV in 2023 is $1,045.

Q: Has there been an increase in rent prices in Parkersburg, WV?
A: Yes, there has been an increase in rent prices. The average rent in Parkersburg, WV has increased by 6% compared to the previous year.

Q: What is the average rent for a one-bedroom apartment in Parkersburg, WV?
A: The average rent for a one-bedroom apartment in Parkersburg, WV in 2023 is $780.

Q: What is the average rent for a two-bedroom apartment in Parkersburg, WV?
A: The average rent for a two-bedroom apartment in Parkersburg, WV in 2023 is $1,155.

Q: Are there any affordable apartments available in Parkersburg, WV?
A: Yes, there are affordable apartments available in Parkersburg, WV. The average rent for a studio apartment is $675, and there are several options for one and two-bedroom apartments available at lower prices.

Q: Are there any high-end apartments available in Parkersburg, WV?
A: Yes, there are high-end apartments available in Parkersburg, WV. The average rent for a luxury apartment ranges from $1,500 to $2,000 per month.

Q: Is it more expensive to rent in the downtown area of Parkersburg, WV?
A: Yes, it is generally more expensive to rent in the downtown area of Parkersburg, WV. The average rent for a one-bedroom apartment in the downtown area is $925, while the average rent for a one-bedroom apartment in the outer areas is $750.





Author – Stan Huxley

Passionate about real estate, Stan Huxley brings a wealth of experience to our articles. With a lifelong career in the industry, Stan’s insights, tips, and expert advice empower readers to navigate the world of real estate confidently. Whether you’re a homebuyer, seller, or investor, Stan is your trusted guide to making informed decisions.

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