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RentData.org Logo Charleston Fair Market Rent FY 2024 Charleston, WV HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Charleston, WV :
$688 $816 $994 $1,300 $1,324
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Charleston are average compared to the national average. This FMR area is more expensive than 59% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Charleston is $994 per month.

The previous year, rent for a two-bedroom home was $911 per month. This is a 9.11% increase year-over-year.

This FMR rate applies to Bickmore, WV, Bomont, WV, Widen, WV, Glen, WV, Indore, WV, Nebo, WV, Dille, WV, Wallback, WV, Maysel, WV, Ivydale, WV and other cities within the region. The Metro Code or CBSA code for this region is METRO16620M16620.

Additionally, This Fair Market Rent (FMR) area Charleston, WV HUD Metro FMR Area spans one county or city in West Virginia which is listed in the table below. Estimated population of Charleston, WV HUD Metro FMR Area FMR area is 8,599 people based on latest Census data.

Compared to the rest of West Virginia, the Charleston FMR area is more expensive than 83% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Charleston. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Charleston

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 730
1-BR 1-Bedroom $ 865
2-BR 2-Bedroom $ 1054
3-BR 3-Bedroom $ 1379
4-BR 4-Bedroom $ 1404
Change Year:

There is just one county (listed below) within the Charleston, WV HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Charleston - Huntington.

County / Region Est. Population
Charleston, WV Metro 8,599
Zip Codes in Charleston, WV HUD Metro FMR Area

There are 14 unique zip codes in this Fair Market Rent (FMR) area:

25019, 25030, 25043, 25045, 25088, 25111, 25113, 25125, 25133, 25141, 25164, 25211, 25285 and 26617

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