Parkersburg, WV Rental Market
Parkersburg is a small city on the Ohio River in the northern panhandle of West Virginia, historically tied to chemical manufacturing and oil and gas industries. Camden Clark Medical Center is the area's largest employer, and West Virginia University at Parkersburg serves the community college and workforce training market. With the lowest home values in our West Virginia coverage, Parkersburg offers very high gross yields but requires investors to accept very slow market velocity and limited appreciation potential.
Get a rent estimate for an address in ParkersburgAverage Rent in Parkersburg, WV
$780
per month · 2026-06
Market Score
Key Facts — Parkersburg, WV Rental Market
- Average rent in Parkersburg, WV:$780/mo
- Median rent:$718/mo
- Rent range:$375 – $1,700/mo
- Most common rental (2 bedrooms):$675/mo
- Active listings:220
- Avg days to lease:48 days
- Year-over-year change:+1.5%
- Median home value:$115,000
- Est. gross annual yield:8.1%
- Data as of:2026-06
Rent by Bedroom in Parkersburg, WV
Average monthly rent for each bedroom type based on current active listings in Parkersburg.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $550/mo |
2 Bedrooms | $675/mo |
3 Bedrooms | $875/mo |
4 Bedrooms | $1,075/mo |
5 Bedrooms | $1,225/mo |
Parkersburg Rental Market Statistics
Key indicators from the current Parkersburg, WV rental market.
220
Available now in Parkersburg
48
From list to lease
$0.65
Average across listings
1,200 sq ft
Typical rental size
$375 – $1,700
Min to max active listings
+1.5%
Avg rent vs. prior year
Investing in Parkersburg, WV Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$115,000
Typical purchase price in Parkersburg
Est. Gross Annual Yield
8.1%
Before expenses & vacancy
Avg Monthly Income
$780
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Parkersburg for a full cash-flow breakdown including all costs.
Parkersburg, WV Rental Market FAQ
Common questions about renting and investing in Parkersburg, WV.
What is the average rent in Parkersburg, WV?
The average rent in Parkersburg, WV is $780 per month as of 2026. One-bedroom apartments average $550/mo, two-bedrooms $675/mo, and three-bedroom homes $875/mo. Parkersburg is one of the most affordable rental markets of any small city in the Appalachian region.
Is Parkersburg, WV a good place to invest in rental property?
Parkersburg offers an 8.1% estimated gross annual yield — the highest in West Virginia — based on a median home value near $115,000. However, the market averages 48 days on market (the slowest in our WV coverage) and rent growth is minimal at 1.5% per year. This market suits only the most conservative cash-flow investors with realistic expectations about appreciation and market liquidity.
What drives rental demand in Parkersburg, WV?
Parkersburg's rental demand is primarily driven by Camden Clark Medical Center (the area's largest employer), manufacturing workers, and Ohio River commerce. WVU Parkersburg adds modest student and workforce training demand. Proximity to the Ohio border also draws some cross-river workers from the Marietta, OH area who seek lower housing costs on the West Virginia side.
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