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RentData.org Logo Monroe County Fair Market Rent FY 2022 Monroe County, WV Rental Data

Fair Market Rent Prices in Monroe County, WV :
$571 $574 $705 $871 $956
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Monroe County are very low compared to the national average. This FMR area is less expensive than 92% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Monroe County is $705 per month.

The previous year, rent for a two-bedroom home was $676 per month. This is a 4.29% increase year-over-year.

This FMR rate applies to Greenville, WV, Secondcreek, WV, Waiteville, WV, Wayside, WV, Wolfcreek, WV, Gap Mills, WV, Sinks Grove, WV, Ballard, WV, Lindside, WV, Union, WV and other cities within the region. The Metro Code or CBSA code for this region is NCNTY54063N54063.

Additionally, This Fair Market Rent (FMR) area Monroe County, WV spans one county or city in West Virginia which is listed in the table below. Estimated population of Monroe County, WV FMR area is 13,515 people based on latest Census data.

Compared to the rest of West Virginia, the Monroe County FMR area is less expensive than 98% of the state.

West Virginia Rents Map

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

Median Rent Prices in Monroe County

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 $ 571
1-BR 1-Bedroom $ 574
2-BR 2-Bedroom $ 705
3-BR 3-Bedroom $ 871
4-BR 4-Bedroom $ 956
Change Year:
2006 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 Monroe County, WV FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Bluefield - Beckley - Oak Hill.

County / Region Est. Population
Monroe County, WV 13,515
Zip Codes in Monroe County, WV

There are 11 unique zip codes in this Fair Market Rent (FMR) area:

24918, 24941, 24945, 24951, 24963, 24974, 24976, 24983, 24984, 24985 and 24993

Lookup Fair Market Rent by Zip Code

What's Next?

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