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City Report · WV

Follansbee

Pop. 2,757·18th most expensive in West Virginia·One of the most affordable rental markets in the US
Median rent (all units)
$750/mo
Year-over-Year
Stable
Month-over-Month
Stable
vs US Median
-$1,215
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Most AffordableMost Expensive
Follansbee · $750
More affordable than 100% of US cities · National median $1,965/mo
Affordability
15% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $750/mo, rent takes about 15% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$30,000/yr
Local median income
$58,371/yr
Based on the 30%-of-income rule using Follansbee's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$690
1 BR
$700
2 BR
$880
3 BR
$1,190
4 BR+
$1,340
Research median
$880/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: March 14, 2026

Annual cost
$9,000/yr
At $750/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, +0.0% MoM), not inventory.
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Demographics

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.

Population
2,757
Median income
$58,371
Median age
52.9
Renters
36.7%
Age distribution
13.3%
20%
19.1%
26.3%
21.3%
Under 1813.3%
18–3420%
35–5419.1%
55–6426.3%
65+21.3%
Gender
54.1%
45.9%
Male54.1%
Female45.9%
Race & ethnicity
96.5%
White96.5%
Hispanic2.6%
Other0.8%
Education (25+)
52.3%
24%
22.8%
No HS diploma0.8%
HS diploma52.3%
Some college24%
Bachelor's+22.8%
Housing tenure
63.3%
36.7%
Owner63.3%
Renter36.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Follansbee, WV has changed in 5 years

Income
$43,676 → $58,371
up 33.6%
Population
2,842 → 2,757
down 3.0%
Renter share
32.3% → 36.7%
+4.4 pts
Bachelor's+
14.1% → 22.8%
+8.7 pts
Median age
48.7 → 52.9
+4.2 yrs

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.

Community

Discussions about Follansbee

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View Follansbee rent history (2015–2026) →
Salary vs rent

Can you afford rent in Follansbee on your salary?

At $750/mo, how Follansbee rent compares to typical pay (30% rule).

By apartment size

Follansbee rent by bedroom count

Median rent for each apartment size in Follansbee. Click any size for full breakdown.

Local insights

Tips for renters in Follansbee

About renting in Follansbee, WV

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.

FAQ

Frequently asked questions

Is Follansbee an affordable city for renters?

Follansbee is considered very affordable for renters. At $750/mo, rent takes approximately 15% of the local median household income ($58,371/yr). The standard benchmark is 30%. Follansbee falls comfortably within that range.

How much income do you need to rent in Follansbee?

To keep rent at or below 30% of gross income, you would need to earn at least $30,000/year (~$14/hour full-time) to afford the median rent of $750/mo in Follansbee. The local median household income is $58,371/yr, meaning the typical Follansbee household meets that threshold.

Is rent going up or down in Follansbee?

Rent in Follansbee has been relatively stable over the past year, with a 0.0% change year over year as of March 2026.

How does Follansbee rent compare to other cities in West Virginia?

Follansbee is one of the more affordable cities in West Virginia for rent, ranking #18 out of 18 tracked cities at $750/mo.

What percentage of Follansbee residents rent vs. own?

According to Census data, approximately 36.7% of Follansbee households are renters, while 63.3% are owner-occupied. Follansbee leans toward homeownership, which can mean a smaller rental inventory.

How does Follansbee rent compare to the national average?

Follansbee's median rent of $750/mo is $1,215 (62%) below the US national median of $1,965/mo. Within West Virginia, it ranks #18 out of 18 tracked cities.
Income Affordability
15%
VERY AFFORDABLE

At $750/mo, rent takes ~15% of Follansbee's median household income ($58,371/yr). The standard benchmark is 30%.

Follansbee 15%Benchmark 30%
State income tax2.36–5.12%
Run the Follansbee affordability calculator →
Lowest-rent ZIP codes in Follansbee
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Follansbee, WV

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