Section 8 Fair Market Rent (FMR) for ZIP 25039 - 2027

Location: Charleston, WV | Metro: Charleston, WV HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$730
1 Bedroom	$850
2 Bedrooms	$1,050
3 Bedrooms	$1,330
4 Bedrooms	$1,380
5 Bedrooms	$1,601
6 Bedrooms	$1,793
7 Bedrooms	$1,936
8 Bedrooms	$2,033

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

629

Median Household Income

$45,417

Housing Units

341

Renter Percentage

16.4%

Occupancy Rate

78.9%

Renter Occupied

Housing Authorities Serving ZIP 25039

Charleston/Kanawha Housing Authority (Charleston, WV) - 3,213 Section 8 vouchers
Housing Authority of the City of South Charleston (South Charleston, WV)
Housing Authority of the City of Dunbar (Dunbar, WV)
Housing Authority of the City of St. Albans (Saint Albans, WV)

The ZIP code 25039, located in West Virginia, offers a unique market opportunity for landlords and small-portfolio investors. This region is characterized by a blend of rural charm and access to urban amenities, making it a desirable location for both residents and property owners.

The Fair Market Rent (FMR) for ZIP 25039 is set at $940 for fiscal year 2024, indicating a stable rental price point that landlords can aim for to ensure their properties remain competitive.
The Census American Community Survey (ACS) reports the average market rent at $583, which is significantly below the FMR, suggesting potential for rental increases while still maintaining affordability for tenants.
The median home value in the area stands at $96,044, reflecting a relatively low barrier to entry for real estate investment compared to other regions across the country.
Renters make up 16.4% of the housing market, showing a moderate demand for rental properties and the potential for growth as more individuals seek affordable housing options.
The median income in ZIP 25039 is $45,417, which aligns with the rental pricing, ensuring that there is a sufficient local population capable of paying rent without financial strain.
While the days on market (DOM) data is currently unavailable, the combination of low median home values and a supportive rental environment suggests that properties are likely to be occupied promptly once listed.

Investors looking to enter the real estate market in ZIP 25039 should take note of the discrepancy between the FMR and the current market rent, indicating a possible upward trend in rental prices. The low median home value makes this area attractive for those seeking to build a portfolio with minimal capital outlay. With a median income that supports the rental market and a reasonable share of renters, the potential for steady cash flow is promising. Overall, ZIP 25039 presents a balanced investment opportunity with room for growth and stability.

Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.