At $750/mo, rent takes about 15% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $750 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: March 14, 2026
What the numbers show
30% of the median household income ($58,371) is $1,459 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,340).
From Zillow's monthly rent index (ZORI) for Follansbee. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Follansbee, WV is majority owner-occupied, has a large retiree population, has a median income below the national average, 22.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Follansbee, WV has changed in 5 years
On the earnings side, the typical household in Follansbee, WV now reports about $58,371, up from $43,676 in 2021. Census counts show Follansbee, WV losing about 85 residents over the five-year window, down 3.0% on net. The renter share has risen from 32.3% to 36.7%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 14.1% to 22.8% across the same window.
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Can you afford rent in Follansbee on your salary?
At $750/mo, how Follansbee rent compares to typical pay (30% rule).
Follansbee rent by bedroom count
Median rent for each apartment size in Follansbee. Click any size for full breakdown.
Tips for renters in Follansbee
Last updated: March 14, 2026
The median rent in Follansbee is $750/mo as of March 2026. A studio apartment averages $690/mo while a 2-bedroom runs $880/mo. One-bedroom apartments average $700/mo and 3-bedroom units go for $1,190/mo.
At 15% of local median household income ($58,371/yr), Follansbee ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
How much income do you need to rent in Follansbee?
Is rent going up or down in Follansbee?
How does Follansbee rent compare to other cities in West Virginia?
Which nearby cities are cheaper to rent in than Follansbee?
At $750/mo, rent takes ~15% of Follansbee's median household income ($58,371/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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