Martinsburg, West Virginia Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Martinsburg, West Virginia rental market.
Martinsburg, West Virginia
Average Apartment Rent
$1,572
Y-o-Y Change in Average
Apartment Rent
4.5%
As of March 2026
Compared to a year ago, Martinsburg, West Virginia apartments have recorded a 4.5% rent increase.
Martinsburg, West Virginia Average apartment rent trend
Martinsburg, West Virginia Average Apartment Rent
Martinsburg, West Virginia Apartment rent ranges
At 50.95%, apartments priced $1,500 - $2,000 represent the bulk of Martinsburg, West Virginia rentals, while condos priced Under $1,000 hold the lowest share of the market – 6%.
Martinsburg, West Virginia Housing tenure**
Renters take up 51% of Martinsburg, West Virginia real estate, occupying a total of 3,855 units, while homeowners live in 3,735 properties.
Median number of rooms of renter-occupied housing units**
4.7
Renter median household income**
$39,880
Average household size of renter-occupied housing units**
2.43
Rental vacancy rate**
0.2%
Martinsburg, West Virginia Renter-occupied housing units by no. of bedrooms**
There are 1,306 rentals in Martinsburg, West Virginia with 2 beds making up the highest share of the market, at 34%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 20 units. Overall, the median number of rooms in Martinsburg, West Virginia homes for rent is 4.7.
Martinsburg, West Virginia Renter-occupied units by age of householder**
Most condos for rent in Martinsburg, West Virginia are occupied by residents in the 25 - 34 years age group (23%), followed by those in the 35 - 44 years age group (20%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Martinsburg, West Virginia Renter-occupied housing units by family type**
Martinsburg, West Virginia Renter-occupied housing units by the presence of own children**
A total of 2,011 apartments for rent in Martinsburg, West Virginia, or 52% of all rentals are family households. Additionally, 41% of rental homes include children under the age of 18 – that’s 1,593 units. All in all, the median size of a renter-occupied household in Martinsburg, West Virginia is 2.43.
Martinsburg, West Virginia Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 12% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Martinsburg, West Virginia.
Martinsburg, West Virginia Renter-occupied units by year structure built**
The highest share of Martinsburg, West Virginia apartment rentals, namely 32% or 1,227 units, were Built 1939 or earlier, followed by those Built 1990 - 1999 (20%, 774 units), and the ones Built 1980 - 1989 (9%, 347 units).
Martinsburg, West Virginia Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Martinsburg, West Virginia renters (53%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Martinsburg, West Virginia condos for rent is 2018.
Martinsburg, West Virginia Renter-occupied housing units by vehicles available**
When it comes to transportation options, 44% of Martinsburg, West Virginia renters have 1 vehicle available per household, 31% of them have 2 vehicles available, and 17% have No vehicle available.
Martinsburg, West Virginia Means of transportation to work of householders living in renter-occupied housing units**
Martinsburg, West Virginia Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Martinsburg, West Virginia apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
