2

New Martinsville, WV Homes for Rent

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  • /14

    $850 Per Month

    • Studio
    • 1 Bath
    • 972 Sq Ft
    • Condo for Rent

    248 Main St, New Martinsville, WV 26155

    Office Space for Lease – All Utilities Included!Excellent opportunity to lease a well-maintained, versatile office space in a convenient, high-visibility location. This approximately 972 sq ft suite offers a functional layout featuring multiple private offices, a welcoming entry/reception area, storage room, and a half bath.The space includes large front windows that provide great

    248 Main St, New Martinsville, WV 26155
  • /5

    $1,025 Per Month

    • 3 Beds
    • 2 Baths
    • 1,300 Sq Ft
    • Condo for Rent

    602 Abbie Dr Unit 602, New Martinsville, WV 26155

    Each Unit includes laundry hook up, water, sewage and garbage removal and central air

    602 Abbie Dr Unit 602, New Martinsville, WV 26155

Why Live in New Martinsville

New Martinsville, WV is a quaint river town nestled in a valley along the Ohio River, with a population of just over 5,000. Known for its small-town charm, residents enjoy a close-knit community where everyone knows each other. The city has seen a rise in tourism, particularly with the Back Home Festival, a three-day music and street fair that attracts over 20,000 visitors. The festival, along with other events organized by the active chamber of commerce, provides plenty of things to do. Major employers include local oil and gas plants and the Hannibal-New Martinsville hydroelectric dam. Housing options feature older styles like bungalows, Folk Victorians, and ranch homes, with low property taxes being a notable benefit. However, the area does face extreme flood risks from the Ohio River, though modern technology has mitigated some of these concerns. Education is served by New Martinsville School and Magnolia High School, with the latter offering career courses in partnership with Wetzel County Technical Education Center. Recreational activities are abundant, with Bruce Park offering mini golf and sports courts, and Lewis Wetzel Park featuring a pool, water slides, and paddleboats. The historic Main Street hosts mom and pop shops like Quinet's, while more modern conveniences can be found north of town, including a Walmart. For larger city amenities, Wheeling is 35 miles away, and Pittsburgh is less than two hours' drive.

Frequently Asked Questions

How much does it cost to rent a home in New Martinsville, WV?
The median rent for a home in New Martinsville, WV is $825 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in New Martinsville, WV?
To comfortably afford the median rent in New Martinsville, WV, a household needs to earn roughly $33,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $825 per month in New Martinsville, WV, renters typically need to show $2,475 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in New Martinsville, WV?
In New Martinsville, WV, the price-to-rent ratio is 16.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$825
Median Single Family Home Rent
$800
Median Condo Rent
$850
How to Rent a Home