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Rental Insights for ZIP Code 26851 (Wardensville, WV)

Housing Rentals in ZIP Code 26851 (Wardensville, WV)

26851 ZIP Code in West Virginia

A Detailed Snapshot of Renters in the ZIP Code 26851

The 26851 ZIP Code is predominantly located in Wardensville, WV in Hardy County. This region of West Virginia has a median housing rent payment of $690 per month. About 19.0% of all housing units in this Hardy County ZIP Code are occupied by renters. Additionally, the region has an approximate rental vacancy rate of 2.4%.

The median rent in ZIP Code 26851 of $690 per month is 5% lower than the aggregate West Virginia median monthly rent of $725, and is 35% lower than the $1,062 the median monthly rent in the U.S. overall. About 68.6% of renters in ZIP Code 26851 pay between $500 and $999 per month for housing. That is 16% higher than in West Virginia overall, in which 59.0% of total state residents pay between $500 and $999 per month for housing. Only 1.0% of renters in this Wardensville, WV region pay between $1,500 and $1,999 per month for rent.

ZIP Code 26851 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 26851

See the chart below for a comparison of monthly rental costs in ZIP Code 26851, West Virginia, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 26851 along with those in the state of West Virginia and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 26851

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 26851 West Virginia U.S.
Less than $500 17.6% 21.4% 9.4%
$500 to $999 68.6% 59.0% 36.2%
$1,000 to $1,499 12.7% 15.8% 30.0%
$1,500 to $1,999 1.0% 2.7% 14.0%
$2,000 to $2,499 0.0% 0.7% 5.6%
$2,500 to $2,999 0.0% 0.2% 2.4%
$3,000 or more 0.0% 0.1% 2.4%

Rent Cost vs. Income in ZIP Code 26851

Renters in ZIP Code 26851 use an estimated 31.27% of their income to cover their monthly rent payments. That is about 8% higher than in West Virginia overall. The estimate for West Virginia overall is 28.89% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 26851 renters use about 5% more of their income to cover rent expense. Household income figures for ZIP Code 26851 come in higher than in West Virginia as a whole. The median annual household income in ZIP Code 26851 of $59,083 sits approximately 26% higher than the overall West Virginia median income of $46,711 and approximately 6% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 26851

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 26851, West Virginia, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 26851 along with the same calculations in the state of West Virginia and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 26851

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 26851 West Virginia U.S.
Less than 15.0 percent 6.9% 17.0% 13.1%
15.0 to 19.9 percent 7.8% 12.3% 12.9%
20.0 to 24.9 percent 19.6% 11.9% 12.9%
25.0 to 29.9 percent 18.6% 11.4% 11.6%
30.0 to 34.9 percent 2.9% 8.8% 9.1%
35.0 percent or more 44.1% 38.5% 40.5%

Household Income in ZIP Code 26851

See the table below for the regional comparison of annual household income in ZIP Code 26851.

Income ZIP 26851 West Virginia U.S.
Less than $10,000 0.0% 8.7% 6.0%
$10,000 to $14,999 3.1% 6.0% 4.3%
$15,000 to $24,999 10.2% 12.6% 8.9%
$25,000 to $34,999 4.2% 11.2% 8.9%
$35,000 to $49,999 23.1% 14.3% 12.3%
$50,000 to $74,999 24.0% 17.7% 17.2%
$75,000 to $99,999 22.0% 11.4% 12.7%
$100,000 to $149,999 8.6% 11.4% 15.1%
$150,000 to $199,999 2.2% 3.6% 6.8%
$200,000 or more 2.5% 3.0% 7.7%

Household Income in ZIP Code 26851

See the chart below for a comparison of annual household income figures in ZIP Code 26851, West Virginia, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 26851 alongside the same figures for the state of West Virginia and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 26851

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 26851.

ZIP 26851 West Virginia U.S.
Median Housing Rent $690 $725 $1,062
Renter-Occupied Housing Units 19.0% 26.8% 36.0%
Rental Vacancy Rate 2.4% 7.3% 6.0%
Average Size of Renter-Occupied Unit 2.87 2.28 2.49
Average # of Bedrooms Per Unit 2.67 2.74 2.75
Percent of Income Spent on Rent 31.27% 28.89% 29.83%
Per Capita Income $27,826 $26,480 $34,103
Median Household Income $67,959 $63,680 $88,607
Living Below the Poverty Line 6.9% 12.7% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 26851

In ZIP Code 26851 (Wardensville, WV), and estimated 19.0% of housing units are occupied by renters. This region has an approximate rental vacany rate of 2.4%.

The per capita income in 26851 is estimated at $27,826, which goes along with an estimated median household income of $67,959. About 6.9% of residents in this Hardy County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.87 occupants, while the units have an aggregate average size of 2.67 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 31.27% of their income on housing rental costs.

Rental FAQs for ZIP Code 26851

1

What is the median monthly rent in ZIP Code 26851?

Median rent for housing in ZIP Code 26851 in Hardy County in West Virginia is approximately $690 per month.
2

Is it expensive to rent in ZIP Code 26851?

Rent in ZIP Code 26851 is lower than average in the state of West Virginia overall. The median monthly rent of $690 in ZIP Code 26851 is approximately 5% lower than the West Virginia median of $725. Additionally, median rent in this Wardensville, WV region ($690) is about 35% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 26851?

High-priced rentals are not common in the Wardensville, WV ZIP Code of 26851, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of West Virginia overall, approximately 0.1% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 26851?

Affordable rentals are more common in ZIP Code 26851 than in West Virginia overall. The percentage of housing rentals in ZIP Code 26851 costing $999 or less per month (86.2%) is approximately 7% higher than the West Virginia rate of 80.4% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 89% lower than the previously mentioned 26851 rate of 86.2%.
5

What is the most common cost range that rentals fall into in ZIP Code 26851?

The most common range for rental cost in ZIP Code 26851 is between $500 and $999 per month. About 68.6% of renters in 26851 pay in this range for monthly rent. In comparison, approximately 59.0% of renters in the state of West Virginia fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 26851 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 26851 is lower than the rental vacancy rate in the state of West Virginia overall. Rental vacancy of 2.4% in ZIP Code 26851 is about 67% lower than the West Virginia rate of 7.3%. Looking more broadly, rental vacancy in this Wardensville, WV region (2.4%) is an estimated 60% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 26851? How does it compare to other West Virginia regions?

Median household income in ZIP Code 26851 is higher than in the state of West Virginia overall. Annual household income of $59,083 in ZIP Code 26851 is about 26% higher than the West Virginia median of $46,711. Additionally, median household income in this Wardensville, WV region ($59,083) is approximately 6% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 26851 spend on housing costs?

Renters in ZIP Code 26851 spend a higher amount of their income on rent costs than do renters in West Virginia overall. Renters in ZIP Code 26851 spend an estimated 31.27% of their income on rent payments, which is about 8% higher than the overall West Virginia estimated rate of 28.89%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 5% lower than the ZIP Code 26851 estimated rate of 31.27%.
9

Do renters in ZIP Code 26851 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 26851 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 26851 spending 30 percent or more of their income on rent costs (47%) is approximately 1% lower than the West Virginia rate of 47.3% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 5% higher than the aforementioned 26851 rate of 47%.
10

What is the average household size of renter-occupied units in ZIP Code 26851?

The average household size of renter-occupied units in ZIP Code 26851 is higher than in the state of West Virginia overall. Annual household size of 2.87 in ZIP Code 26851 is about 26% higher than the West Virginia median of 2.28. Additionally, median household size in this Wardensville, WV region (2.87) is approximately 15% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other West Virginia ZIP Codes