Section 8 Fair Market Rent (FMR) for ZIP 25044 - 2027

Location: Raleigh County, WV | Metro: Raleigh County, WV HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$750
1 Bedroom	$760
2 Bedrooms	$970
3 Bedrooms	$1,340
4 Bedrooms	$1,400
5 Bedrooms	$1,624
6 Bedrooms	$1,819
7 Bedrooms	$1,965
8 Bedrooms	$2,063

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

324

Median Household Income

$57,750

Housing Units

156

Renter Percentage

22.4%

Occupancy Rate

91.7%

Renter Occupied

The ZIP code 25044, located in West Virginia, offers a stable but modest rental market for landlords and small-portfolio investors. The area is characterized by its low-cost living environment, which can be attractive for those seeking affordable housing options.

The Fair Market Rent (FMR) for ZIP 25044 for fiscal year 2024 is set at $930, providing a benchmark for rental pricing that landlords should aim to meet or slightly exceed.
While specific market rent data is currently unavailable, the FMR serves as a reliable proxy for what tenants can expect to pay in the area.
The median home value is not available, indicating that the focus for investors should remain on the rental sector rather than the sale of homes.
Renters make up 22.4% of the population, suggesting a smaller but steady demand for rental properties compared to owner-occupied homes.
The days on market (DOM) data is not available, which could indicate either a lack of detailed real estate tracking in the area or a fast-moving market where properties are rented quickly.
The median household income in the area is $57,750, offering insight into the economic capacity of potential renters.

In summary, ZIP 25044 presents a niche opportunity for investors looking to enter a market with controlled expectations. With a defined FMR and a known percentage of renters, landlords can set competitive rents and anticipate a reasonable demand. However, the absence of market-specific rent data and DOM metrics means investors must rely on broader economic indicators and the FMR to guide their decisions. The modest median income suggests a focus on affordability and maintaining properties to attract and retain tenants.

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.