Location: Charleston, WV | Metro: Charleston, WV HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $690 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $990 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,300 |
| 5 Bedrooms | $1,508 |
| 6 Bedrooms | $1,689 |
| 7 Bedrooms | $1,824 |
| 8 Bedrooms | $1,915 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $990 | $90,373 | 1.1% | B |
| 3BR | $1,250 | $129,688 | 0.96% | C |
U.S. Census Bureau data (2024)
The ZIP code 25067 in West Virginia presents a challenging environment for both renters and landlords. The median income for households in this area stands at $72,875, according to recent Census ACS data. This figure needs to be considered against the market rate for rent, which is set at $908 per month. For a household earning the median income, paying $908 in rent represents a significant portion of their monthly budget.
When comparing the market rate to the Federal Market Rent (FMR) standard of $990 for the fiscal year 2024, it becomes evident that there is a substantial gap. The FMR is higher than the market rate, indicating that Section 8 vouchers could potentially cover a larger portion of rent compared to what typical renters might pay out-of-pocket. This means that landlords who accept Section 8 vouchers might find themselves in a better financial position relative to those relying solely on market-rate rents.
The ZIP code has a relatively low percentage of renters at 25.5%, with a total population of 850. Given these numbers, the competition among landlords for tenants could be fierce, especially when considering the affordability gap. Households might struggle to meet the market rate, leading them to seek assistance through housing vouchers. As such, landlords who do not accept vouchers might face a smaller pool of potential tenants willing and able to pay the market rate.
The takeaway for landlords in ZIP 25067 is clear: accepting Section 8 vouchers can be a strategic advantage. While the market rate of $908 is below the median household income, the gap between this rate and the FMR of $990 suggests that voucher recipients could provide a stable and reliable source of income. Landlords should weigh the benefits of accepting vouchers, including guaranteed rent payments, against the administrative requirements and potential limitations of the program. In a market where affordability is a concern, embracing vouchers can help secure tenants in an otherwise competitive landscape.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.