Housing market/West Virginia/ZIP 26505
ZIP 26505 Morgantown, West Virginia
Morgantown, WV MSA · West Virginia. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
Email this profile
HUD schedule, ACS stock, and the 90–110% band for ZIP 26505 · WV — sent to you.
ZIP 26505 · WV
ACS rent vs 2BR SAFMR
ZIP 26505 — Morgantown, WV HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 26505
- 1-unit detached5,89830.7%
- 1-unit attached1,3577.1%
- 2–4 units3,12516.3%
- 5–49 units6,52734.0%
- 50+ units1,5948.3%
- Mobile7193.7%
2–4 unit share 16.3% · 5–49 unit share 34.0% · combined 2–49 50.2%.
Units by bedrooms
Rent burden
- ACS median gross rent $942 (all bedrooms, occupied rentals).
- Median contract rent $824.
- Renters paying ≥30% of income 54.2%; ≥50% 32.3%.
- FY2027 2BR SAFMR $1,210 (1.285× ACS median gross rent).
Population
37,691 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -4.8%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 2 projects, 74 units.
- HUD project-based assisted MF: 1 properties, 35 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.
Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.
What the data shows
ZIP 26505 66.8% of occupied households are renters; vacancy is 14.7%; ACS median gross rent is $942; population changed -4.8% between the 2018 and 2023 ACS vintages; the housing stock includes 3,125 units in 2–4-unit structures and 6,527 units in 5–49-unit structures; 2 LIHTC projects totaling 74 units; FY2027 2BR SAFMR is $1,210 versus ACS median gross rent of $942. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.
West Virginia research
ZIP 26505 is a Census / HUD profile for Morgantown, WV. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 26505 — Morgantown, WV HUD Section 8 Payment Standards / SAFMR·West Virginia ZIP directory
Nearby ZIPs in this FMR area
Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is West Virginia research. Brokerage is Georgia.
FAQ
What is the housing market like in ZIP 26505?
ZIP 26505 (Morgantown, WV MSA) has 37,691 residents, 16,392 households, a renter share of 66.8%, median household income of $42,275, and ACS 2023 median gross rent of $942. Vacancy is 14.7%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 26505?
ACS counts 1,231 units in 2-unit buildings, 1,894 in 3–4 unit buildings, 1,745 in 5–9, 2,838 in 10–19, and 1,944 in 20–49. Combined 2–49 unit stock is 9,652 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 26505?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,210. See the full schedule and 90–110% payment-standard band on the ZIP 26505 — Morgantown, WV HUD Section 8 Payment Standards / SAFMR.
Does this West Virginia ZIP profile include Georgia listings?
No. ZIP 26505 is Census / HUD research for Morgantown, WV MSA. Jeff Crowe CRE does not list West Virginia property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.