Average Rent in Parkersburg, WV↑ Rents rising 5.0% YoY

Parkersburg, WV has rental prices ranging from $793/month to $1,281/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $798/month — 43% below the national average of $1,400/month. With a median household income of $56,029/year, spending $798/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.

How Parkersburg Compares

With an average 2-bedroom rent of $974/month, Parkersburg ranks #14 most expensive of the 49 cities tracked in West Virginia — more affordable than 74% of all US cities in our data.

The Parkersburg Rental Market

The Parkersburg, WV area has a population of about 88,960 and 25% 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 Parkersburg, WV have risen by $46/month (5.0%) over the past year, from $928 to $974. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Parkersburg, WV without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $31,920. The local median household income of $56,029 exceeds that threshold by $24,109, making Parkersburg relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Parkersburg, WV is $148,010, giving a price-to-rent ratio of 12.7. The break-even point between renting and buying is roughly 13 years — renting offers more flexibility for shorter stays, while buying makes more sense for long-term residents.

Is Parkersburg, WV Affordable?

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

Rent or Buy in Parkersburg?

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

Living in Parkersburg

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