The Flatts Eviction Risk: Moderate , Morgantown

The poverty rate is 47%, which in this model reads as reduced rent-recovery odds after a judgment. 100% of occupied units are rented, so comparables are plentiful and vacancy risk is low, but a mispriced renewal loses the tenant to a building nearby. Severe burden reaches 31%. Those are renters paying half their income or more, and that is where non-payment filings originate.

Against Monongalia County at 45.5%, 59% of renters here are cost-burdened. Well under the midpoint, rent-regulation exposure reads 1/10.

Set annual rent against average income of $28,807 and the ratio lands at 34%, above the conventional 30% ceiling. Running cool, state political climate reads 1.8/10.

SNAP participation runs 27.7% against 15.2% nationally. It sits 1.2 points above the Monongalia County average of 4.2. At $809 a month, rents run 14% under what the rest of Morgantown commands.

Inability to pay a utility bill runs 15.9% against 9.2% nationally. Utility arrears usually lead rent arrears by a month or two. Nationally it ranks #24,859 of 84,120 for landlord eviction difficulty.

All figures here are ACS 5-year estimates for this tract, refreshed as the underlying releases land.