Rent Tracker
Rent Inflation in Parkersburg, WV
The average asking rent in Parkersburg, WV is $1,032/month as of 2026-08. That is +6.2% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) | zillow.com/research
Current Avg Rent
$1,032/mo
as of 2026-08
Year-over-Year Change
+6.2%
24-Month Rent Trend
Monthly ZORI index values for Parkersburg, WV.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-08 | $1,032 | -0.48% |
| 2026-07 | $1,037 | -0.48% |
| 2026-06 | $1,042 | +0.10% |
| 2026-05 | $1,041 | +2.36% |
| 2026-04 | $1,017 | +1.09% |
| 2026-03 | $1,006 | +2.44% |
| 2026-02 | $982 | +1.13% |
| 2026-01 | $971 | -0.31% |
| 2025-12 | $974 | -0.71% |
| 2025-11 | $981 | +0.51% |
| 2025-10 | $976 | +1.24% |
| 2025-09 | $964 | -0.82% |
| 2025-08 | $972 | -0.51% |
| 2025-07 | $977 | -1.61% |
| 2025-06 | $993 | +1.33% |
| 2025-05 | $980 | +0.62% |
| 2025-04 | $974 | +2.53% |
| 2025-03 | $950 | +0.74% |
| 2025-02 | $943 | +0.32% |
| 2025-01 | $940 | -0.63% |
| 2024-12 | $946 | -0.21% |
| 2024-11 | $948 | +4.06% |
| 2024-09 | $911 | +0.44% |
| 2024-08 | $907 | — |
Why Rent Inflation Matters
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
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Data Source
Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices