RentData.org

RentData.org Logo Martinsburg Fair Market Rent FY 2023 Martinsburg, WV HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Martinsburg, WV :
$894 $899 $1,122 $1,511 $1,911
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Martinsburg are high compared to the national average. This FMR area is more expensive than 89% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Martinsburg is $1,122 per month.

The previous year, rent for a two-bedroom home was $991 per month. This is a 13.22% increase year-over-year.

This FMR rate applies to Glengary, WV, Gerrardstown, WV, Shepherdstown, WV, Bunker Hill, WV, Kearneysville, WV, Falling Waters, WV, Inwood, WV, Berkeley Springs, WV, Hedgesville, WV, Martinsburg, WV and other cities within the region. The Metro Code or CBSA code for this region is METRO25180MM0877.

Additionally, This Fair Market Rent (FMR) area Martinsburg, WV HUD Metro FMR Area spans one county or city in West Virginia which is listed in the table below. Estimated population of Martinsburg, WV HUD Metro FMR Area FMR area is 117,615 people based on latest Census data.

Compared to the rest of West Virginia, the Martinsburg FMR area is more expensive than 97% of the state.

West Virginia Rents Map

Click on the map to view more another region.

See Nationwide Map

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 Martinsburg. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Martinsburg

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 $ 942
1-BR 1-Bedroom $ 947
2-BR 2-Bedroom $ 1182
3-BR 3-Bedroom $ 1592
4-BR 4-Bedroom $ 2013
Change Year:
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

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

County / Region Est. Population
Martinsburg, WV Metro 117,615
Zip Codes in Martinsburg, WV HUD Metro FMR Area

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

25401, 25402, 25403, 25404, 25405, 25411, 25413, 25419, 25420, 25421, 25427, 25428, 25430 and 25443

Lookup Fair Market Rent by Zip Code

What's Next?

Here are some additional resources you may also be interested in:

Top