Preston County, WV

2024 Fair Market Rents

Tags: 2024 Morgantown, WV MSA

Return to the state page to see where West Virginia ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Preston County are Kingwood, Terra Alta, Parsons, and Tunnelton. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Preston County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Preston County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Preston County compare?

Preston County ($1,078) has a 18.6% higher FMR for 2-Bedroom housing than the average of West Virginia ($909) and therefore a higher gross rent.

Preston County is rank 4th out of 55 counties. This means the FMRs, or in other words, the gross rent is higher than 51 other counties. Preston County is the 4th most expensive county in terms of FMRs.

Rent Tables Preston County, WV

Fair Market Rent (40th Percentile)

$857
studio
$862
1-Bedroom
$1,078
2-Bedroom
$1,346
3-Bedroom
$1,829
4-Bedroom

Median Rent (50th Percentile)

$912
studio
$918
1-Bedroom
$1,148
2-Bedroom
$1,433
3-Bedroom
$1,948
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
26287 $710 $710 $890 $1,170 $1,510
26410 $790 $790 $990 $1,240 $1,680
26425 $710 $710 $890 $1,170 $1,510
26444 $720 $730 $910 $1,170 $1,540
26519 $760 $770 $960 $1,200 $1,630
26520 $710 $710 $890 $1,170 $1,510
26524 $710 $710 $890 $1,170 $1,510
26537 $710 $710 $890 $1,170 $1,510
26547 $710 $710 $890 $1,170 $1,510
26705 $710 $710 $890 $1,170 $1,510
26716 $710 $710 $890 $1,170 $1,510
26764 $720 $720 $900 $1,170 $1,530
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
26287 $639 $639 $801 $1,053 $1,359
26410 $711 $711 $891 $1,116 $1,512
26425 $639 $639 $801 $1,053 $1,359
26444 $648 $657 $819 $1,053 $1,386
26519 $684 $693 $864 $1,080 $1,467
26520 $639 $639 $801 $1,053 $1,359
26524 $639 $639 $801 $1,053 $1,359
26537 $639 $639 $801 $1,053 $1,359
26547 $639 $639 $801 $1,053 $1,359
26705 $639 $639 $801 $1,053 $1,359
26716 $639 $639 $801 $1,053 $1,359
26764 $648 $648 $810 $1,053 $1,377
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
26287 $781 $781 $979 $1,287 $1,661
26410 $869 $869 $1,089 $1,364 $1,848
26425 $781 $781 $979 $1,287 $1,661
26444 $792 $803 $1,001 $1,287 $1,694
26519 $836 $847 $1,056 $1,320 $1,793
26520 $781 $781 $979 $1,287 $1,661
26524 $781 $781 $979 $1,287 $1,661
26537 $781 $781 $979 $1,287 $1,661
26547 $781 $781 $979 $1,287 $1,661
26705 $781 $781 $979 $1,287 $1,661
26716 $781 $781 $979 $1,287 $1,661
26764 $792 $792 $990 $1,287 $1,683

Fair Market Rents on this page apply to the following cities in Preston County, West Virginia: Kingwood, Terra Alta, Parsons, Tunnelton, Reedsville, Albright, Aurora, Rowlesburg, Newburg, Arthurdale, Eglon, and Bretz.

These Fair Market Rents also apply to the following ZIP codes in Preston County, West Virginia: 26537, 26764, 26287, 26444, 26547, 26519, 26705, 26425, 26410, 26520, 26716, and 26524.

Preston County, WV is considered part of the following metro FMR area: MORGANTOWN, WV MSA.

Other counties in the same metro FMR area are: Monongalia County, WV.

More on Preston County, WV

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.