Rental Market Trends in Montgomery, WV
What is the average rent in Montgomery, WV?
$477/month
Average Rent
750 Sq Ft
Average Apartment Size
+1.3%
Increase in the Last Year
As of December 2024, the average rent in Montgomery, WV is $477 per month. This is 69% lower than the national average rent of $1,559/month, making renting in Montgomery more affordable than most cities in the US. When you rent an apartment in Montgomery, you can expect to pay about per month for a studio, $477 for a one-bedroom apartment, and around for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.
How much has average rent changed in Montgomery, WV?
In the past year, rent has increased by 1.3%, which averages out to $7 more per month.
What salary do I need to live comfortably in Montgomery, WV?
Because the average rent in Montgomery is $477, you’ll want to make about $1,590 per month or $19,080 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Montgomery, WV compare to other nearby cities and neighborhoods?
Use the tool below to compare Montgomery, WV to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.