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Morgantown city, WV

ZIP 26505 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 26505

Median Home Value
$265,100
Median Rent
$824
Affordability Snapshot
$73,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,703/mo PITI).

23%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

6.3x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

26.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 26505 in Morgantown city, WV, a household would need roughly $73,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,703. That is about 73% above the local median household income ($42,275), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
33.2%-49% vs US avg
x
Vacancy Rate
14.7%+43% vs US avg
x
Broadband Access
89.4%+3% vs US avg
x
4+ Bedrooms
3.6%-76% vs US avg
x
Built Pre-1939
3.3%-74% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
32.3%-35% vs US avg
x
Mortgage-Free
47.0%+23% vs US avg
x
$265,100
Home Value
$824
Rent
1984
Year Built
2019
Moved In

Residents have lived here since ~2019 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached30.7%
  • 1-unit attached7.1%
  • 2-9 units25.3%
  • 10+ units33.2%
  • Mobile home & other3.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$265,100
Median rent$824
Owner-occupied33.2%
Vacant14.7%
Price-to-income6.3x
Est. income to buy$73,000