RentData

Average Rent in Mingo County, WV↑ Rents rising 7.0% YoY

HUD FY2027 · Official government data · Updated annually · Metro pop. 22,979

Data review: HUD FY2027Sources: HUD, Zillow, Census, BLSMethodologyEditorial standardsReport a correction

Market Overview

Mingo County, WV has rental prices ranging from $721/month to $1,389/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $745/month — 47% below the national average of $1,400/month. With a median household income of $39,527/year, spending $745/month on a 1-bedroom represents 23% of gross income — within the recommended 30% threshold.

How Mingo County Compares

With an average 2-bedroom rent of $961/month, Mingo County ranks #17 most expensive of the 49 cities tracked in West Virginia — more affordable than 79% of all US cities in our data.

The Mingo County Rental Market

The Mingo County, WV area has a population of about 22,979 and 28% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Mingo County, WV have risen by $63/month (7.0%) over the past year, from $898 to $961. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Mingo County, WV without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $29,800. The local median household income of $39,527 exceeds that threshold by $9,727, making Mingo County relatively accessible compared to local wages.

Economy & Jobs

Mingo County, WV has an unemployment rate of 6.4%, 2.5 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.

Fair Market Rents

HUD FY2027
Studio
$721
Affordable
1 Bedroom
$745
Affordable
2 Bedrooms
$961
↑7.0% YoY
Affordable
3 Bedrooms
$1,145
Average
4 Bedrooms
$1,389
Expensive
🔔
Get Rent Alerts
Be notified when rents change in Mingo County
▼

Is Mingo County, WV Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$38,440/year
Local median income: $39,527
To buy a median home
—/year
US national median: $75,000
💡 Based on a 2BR rent of $961/month and 20% down on a — home at 7% rate.

Nearby Cities in WVlargest metros in the state

CityStudio1BR2BR3BRHome Value
Jefferson County$1,045$1,052$1,376$1,879—
Lincoln County$495$571$686$865—
Putnam County$829$834$1,091$1,500—
Morgan County$682$866$979$1,243—
Martinsburg$884$949$1,215$1,682—
Jackson County$597$704$862$1,140—

Rent or Buy in Mingo County?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Mingo County data

$
Home Value
$350,000
2BR Rent
$961/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 5 years — worth it if you stay 5+ years.

Total monthly buy cost: $2,577/movs rent: $961/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Mingo County

Cost of living, job market, crime rates, and moving cost estimates.

Moving Cost Estimator

Estimate your moving costs based on FMCSA public mover data

Select your origin state to see the estimate

Estimates based on FMCSA average mover rates. Get at least 3 binding quotes from licensed movers. Protect your move →

Frequently Asked Questions

Explore More

🏘️Neighborhoods in Mingo County

Compare rent & home prices by neighborhood

💵Rent Affordability in Mingo County

Salary needed to afford rent here

🗺️All Cities in WV

See how Mingo County ranks statewide

⚖️Compare Mingo County

Side-by-side rent & cost of living with any city

📋WV Tenant Rights

Deposit limits, eviction laws & renters protections