City Report · WV

Inwood

Pop. 2,794·3rd most expensive in West Virginia·Rental market data updated monthly for Inwood, WV
Median rent (all units)
$1,748/mo
Year-over-Year
Stable
Month-over-Month
+1.0%
vs US Median
-$217
Rising (Monthly)
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Most AffordableMost Expensive
Inwood · $1,748
More affordable than 58% of US cities · National median $1,965/mo
Affordability
25% of income
AFFORDABLE
0%30% benchmark60%+

At $1,748/mo, rent takes about 25% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$70,000/yr
Local median income
$84,286/yr
Based on the 30%-of-income rule using Inwood's median rent and household income. See the full affordability breakdown →
Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$20,976/yr
At $1,748/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.0% MoM), not inventory.
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Demographics

Who lives here

Inwood, WV is majority owner-occupied, 27.4% of residents hold a bachelor's degree or higher.

Population
2,794
Median income
$84,286
Median age
41.7
Renters
15.7%
Age distribution
16.8%
24.7%
24%
15.7%
18.9%
Under 1816.8%
18–3424.7%
35–5424%
55–6415.7%
65+18.9%
Gender
48.7%
51.3%
Male48.7%
Female51.3%
Race & ethnicity
82%
White82%
Black3.6%
Hispanic8.9%
Asian4.7%
Other0.9%
Education (25+)
13.5%
39.3%
19.8%
27.4%
No HS diploma13.5%
HS diploma39.3%
Some college19.8%
Bachelor's+27.4%
Housing tenure
84.3%
15.7%
Owner84.3%
Renter15.7%

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

2021 vs 2026

How Inwood, WV has changed in 5 years

Income
$79,073 → $84,286
up 6.6%
Population
2,794 → 2,794
up 0.0%
Renter share
26.5% → 15.7%
-10.8 pts
Bachelor's+
24.5% → 27.4%
+2.9 pts
Median age
40.9 → 41.7
+0.8 yrs

Household income in the area moved from $79,073 to $84,286 across the same window, up 6.6% versus 2021. Renters now make up 15.7% of households, compared with 26.5% five years ago. College-educated residents now make up 27.4% of adults here, versus 24.5% in 2021.

Community

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

Can you afford rent in Inwood on your salary?

At $1,748/mo, how Inwood rent compares to typical pay (30% rule).

Local insights

Tips for renters in Inwood

About renting in Inwood, WV

Last updated: July 20, 2026

The median rent in Inwood is $1,748/mo as of July 2026.

At 25% of local median household income ($84,286/yr), Inwood ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Inwood an affordable city for renters?

Inwood is considered affordable for renters. At $1,748/mo, rent takes approximately 25% of the local median household income ($84,286/yr). The standard benchmark is 30%. Inwood falls comfortably within that range.

How much income do you need to rent in Inwood?

To keep rent at or below 30% of gross income, you would need to earn at least $70,000/year (~$34/hour full-time) to afford the median rent of $1,748/mo in Inwood. The local median household income is $84,286/yr, meaning the typical Inwood household meets that threshold.

Is rent going up or down in Inwood?

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

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

Inwood is one of the pricier cities in West Virginia for rent, ranking #3 out of 14 tracked cities at $1,748/mo.

Which nearby cities are cheaper to rent in than Inwood?

Martinsburg is nearby and more affordable at $1,651/mo, which is $97 less than Inwood.

What percentage of Inwood residents rent vs. own?

According to Census data, approximately 15.7% of Inwood households are renters, while 84.3% are owner-occupied. Inwood leans toward homeownership, which can mean a smaller rental inventory.

How does Inwood rent compare to the national average?

Inwood's median rent of $1,748/mo is $217 (11%) below the US national median of $1,965/mo. Within West Virginia, it ranks #3 out of 14 tracked cities.
Income Affordability
25%
AFFORDABLE

At $1,748/mo, rent takes ~25% of Inwood's median household income ($84,286/yr). The standard benchmark is 30%.

Inwood 25%Benchmark 30%
State income tax2.36–5.12%
Run the Inwood affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Inwood, WV

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