Pea Ridge, 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 Pea Ridge, West Virginia rental market.
Pea Ridge, West Virginia
Average Apartment Rent
$1,358
Y-o-Y Change in Average
Apartment Rent
11.7%
As of May 2026
Compared to a year ago, Pea Ridge, West Virginia apartments have recorded a 11.7% rent increase.
Pea Ridge, West Virginia Average apartment rent trend
Pea Ridge, West Virginia Average Apartment Rent
Pea Ridge, West Virginia Apartment rent ranges
At 49.84%, apartments priced $1,000 - $1,500 represent the bulk of Pea Ridge, West Virginia rentals, while condos priced Under $1,000 hold the lowest share of the market – 11.41%.
Pea Ridge, West Virginia Housing tenure**
Renters take up 37% of Pea Ridge, West Virginia real estate, occupying a total of 1,193 units, while homeowners live in 2,032 properties.
Median number of rooms of renter-occupied housing units**
3.9
Renter median household income**
$33,469
Average household size of renter-occupied housing units**
1.72
Rental vacancy rate**
4.9%
Pea Ridge, West Virginia Renter-occupied housing units by no. of bedrooms**
There are 465 rentals in Pea Ridge, West Virginia with 1 bed making up the highest share of the market, at 39%. Units with 4 beds, on the other hand, hold the lowest percentage (6%), amounting to 66 units. Overall, the median number of rooms in Pea Ridge, West Virginia homes for rent is 3.9.
Pea Ridge, West Virginia Renter-occupied units by age of householder**
Most condos for rent in Pea Ridge, West Virginia are occupied by residents in the 25 - 34 years age group (31%), followed by those in the 35 - 44 years age group (22%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 2%.
Pea Ridge, West Virginia Renter-occupied housing units by family type**
Pea Ridge, West Virginia Renter-occupied housing units by the presence of own children**
A total of 347 apartments for rent in Pea Ridge, West Virginia, or 29% of all rentals are family households. Additionally, 17% of rental homes include children under the age of 18 – that’s 197 units. All in all, the median size of a renter-occupied household in Pea Ridge, West Virginia is 1.72.
Pea Ridge, West Virginia Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 45% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Pea Ridge, West Virginia.
Pea Ridge, West Virginia Renter-occupied units by year structure built**
The highest share of Pea Ridge, West Virginia apartment rentals, namely 36% or 435 units, were Built 1990 - 1999, followed by those Built 1980 - 1989 (22%, 260 units), and the ones Built 1970 - 1979 (17%, 208 units).
Pea Ridge, West Virginia Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Pea Ridge, West Virginia renters (57%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Pea Ridge, West Virginia condos for rent is 2019.
Pea Ridge, West Virginia Renter-occupied housing units by vehicles available**
When it comes to transportation options, 84% of Pea Ridge, West Virginia renters have 1 vehicle available per household, 11% of them have 2 vehicles available, and 4% have No vehicle available.
Pea Ridge, West Virginia Means of transportation to work of householders living in renter-occupied housing units**
Pea Ridge, 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 Pea Ridge, 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
