Rentometer, Inc. | Data as of 10/22/2025
Cheat Lake’s rental market offers a blend of spacious family homes and tranquil lake‑front living, making it a desirable choice for professionals, students, and retirees alike. The community is known for its scenic views of the Cheat River and easy access to outdoor activities such as boating, fishing, and hiking on the nearby Appalachian Trail. Residents enjoy close proximity to the West Virginia University campus, a thriving downtown Morgantown scene, and a variety of dining and shopping options, all while benefiting from the quieter, suburban atmosphere that Cheat Lake provides.
Housing options are dominated by single‑family homes, with three‑bedroom units typically commanding an average rent in the $2400 range and a median near $2300, reflecting the appeal of spacious layouts and modern amenities. Larger four‑plus‑bedroom houses attract families seeking generous living space, with average rents around $3300 and median prices approaching $3500, often featuring upgraded kitchens, multiple bathrooms, and private yards that overlook the water. These homes are frequently situated in well‑established neighborhoods such as Lakeview and Riverbend, where tree‑lined streets and community parks enhance the quality of life.
The area’s strong rental demand is supported by its reputation for safety, excellent schools, and a tight‑knit community spirit. Whether you are looking for a tranquil retreat close to nature or a convenient base for work and university life, Cheat Lake provides a balanced mix of comfort, convenience, and natural beauty that makes its rental market both competitive and inviting.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| House | 3 Bedroom | $2,378 | $2,285 | $1,300 - $3,750 | $1,975 - $2,700 |
| House | 4+ Bedroom | $3,350 | $3,500 | $2,900 - $3,650 | $2,900 - $3,650 |
In the current period, the average rent in Cheat Lake was
$1,550 for 2 Bedroom,
$2,378 for 3 Bedroom, and
$3,500 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.