Cost of Living in Preston County, West Virginia

$753/mo
Median Monthly Rent
$157,700
Median Home Value
1% below state averageUnaffordable

At a Glance

Median Monthly Rent
$753/mo
1% below state average
Median Home Value
$157,700
44% below national
Rent-to-Income Ratio
28.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Preston County Compares

Median monthly rent comparison

Preston County$753/mo
West Virginia Average$760/mo
National Median$1,163/mo

Detailed Housing Stats

$753/mo
Median Gross Rent
$157,700
Median Home Value
$618/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Preston County, West Virginia

Preston County rents remain very affordable

At 14.7%, Preston County's rent-to-income ratio sits comfortably below both the national affordability threshold and West Virginia's 16.9% state average. Median rent of $753 and household income of $61,373 create a balanced housing market where families retain substantial income for other priorities.

Ties Pendleton as state's best value

Preston County's 14.7% rent-to-income ratio matches Pendleton County as the best-performing in West Virginia within this group, beating the state average of 16.9% by 2.2 percentage points. At $753 monthly rent with $61,373 median household income, Preston County delivers genuine affordability.

Balanced option among equals

Preston County's 14.7% affordability ratio ties Pendleton County, though Preston's $753 rent is slightly higher than Pendleton's $754 (essentially identical) but lower than Morgan County ($832) and Ohio County ($823). Preston County offers the sweet spot: low costs, reasonable incomes, and no affordability pressure.

Moderate costs across tenure types

Preston County renters pay $753 monthly while homeowners carry $618 in mortgage costs, with both groups managing comfortably within the 14.7% affordability threshold. With median household income at $61,373, renters dedicate 14.7% of earnings to housing, leaving approximately $5,200 annually for other household needs.

Preston County: balanced relocation option

Preston County competes directly with Pendleton County for relocation appeal: 14.7% affordability ratio, $753 rent, and $61,373 median income create a no-pressure housing market. With median home values at $157,700, both renters and buyers find genuine value without the affordability strain visible in neighboring Ohio County.

Affordability Calculator

See how your income compares to housing costs in Preston County

$

Rent Burden

14.7%

of gross income

Max Housing (28% Rule)

$1,432

per month

Owner Cost Burden

12.1%

of gross income

You can likely afford the median home in Preston County

Median home value is $157,700. Estimated monthly cost: $1,259 vs. your max of $1,432.

Rent Affordability Guide

Your rent-to-income ratio14.7%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Preston County, West Virginia?
Preston County, West Virginia has a median monthly rent of $753/mo and a median home value of $157,700. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Preston County?
The median gross rent in Preston County is $753/mo. This is 1% below state average for West Virginia.
Is Preston County affordable?
Preston County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Preston County's rent compare to the state average?
Preston County's median rent of $753/mo is 1% below state average of $760/mo for West Virginia.
What is the median home value in Preston County?
The median home value in Preston County, West Virginia is $157,700. This is 44% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.