States › West Virginia › New Martinsville

Is New Martinsville, WV expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$93147% lower than U.S. average
💵 Families earn per year (2026)$65,730about $5,478/month · 25% lower than U.S. average
🔑 House price$128,30061% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 17 minutes. Most homes (78.8%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $37,240 a year. That is $18 an hour at a full-time job.

Is rent cheaper than other West Virginia cities?

Yes. Rent here is cheaper than in most of West Virginia. It is number 11 of 31 cities from cheapest to most expensive.

New Martinsville
$931
$769
$999

How much do households earn in New Martinsville?

Under $25k
26.6%
$25k–50k
18.4%
$50k–100k
35.9%
$100k–150k
11.3%
$150k+
5.9%

Share of households by yearly income. 17.2% of households earn $100,000 or more.

Rent by apartment size in New Martinsville

SizeNew MartinsvilleU.S. average
1 bedroom$470$1,324
2 bedrooms$714$1,509
3 bedrooms$1,152$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is New Martinsville overall?

Everyday prices in West Virginia overall are 11% below the U.S. average (index 89.5, U.S. = 100).

Housing
54
Goods (food, clothes…)
97
Utilities
92
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for New Martinsville, so the West Virginia figure is shown.

Taxes and bills in New Martinsville

🏛️ Property tax$903a year · 0.70% of home value · U.S. $3,119
⚡ Electric bill$134a month (typical) · U.S. $156

Life in New Martinsville

Commute to work17 minU.S.: 26.4 min
College degree23.8%U.S.: 35.7%
Own their home78.8%U.S.: 65.2%
Below poverty line15.5%U.S.: 12.5%
Unemployment5.3%U.S.: 5.2%

Is it cheaper to rent or buy in New Martinsville?

About the same. Renting and owning cost within $41 of each other each month.

Renting
$931
Owning
$890

Owning assumes a typical $128,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $12,830 for the down payment.

Frequently asked questions

What is the average rent in New Martinsville, WV?

Renting in New Martinsville costs a median of about $931 a month in 2026, including utilities. The West Virginia median is $1,007.

How much do I need to make to live in New Martinsville?

To keep rent under 30% of income, you need about $37,240 a year, or $18 an hour at a full-time job.

Is New Martinsville cheap or expensive?

New Martinsville is rated Cheap: rent takes 17.0% of the typical household income of $65,730. It ranks 11th cheapest of 31 West Virginia cities we track.

How much are property taxes in New Martinsville?

The median homeowner in New Martinsville pays $903 a year in property taxes, about 0.70% of the median home value.

Is New Martinsville more expensive than the national average?

Overall prices in West Virginia are 11% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in New Martinsville?

The median home value in New Martinsville is $128,300, about 2.0 times the typical yearly household income.

5,133 people live in New Martinsville. Numbers are typical (middle) values.