Location: Logan County, WV | Metro: Logan County, WV
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $940 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,590 |
| 5 Bedrooms | $1,844 |
| 6 Bedrooms | $2,065 |
| 7 Bedrooms | $2,230 |
| 8 Bedrooms | $2,342 |
U.S. Census Bureau data (2024)
The Section 8 analysis for ZIP code 25076 is based on the disparity between the Fair Market Rent (FMR) and the actual market rent. However, due to the lack of available data on the current market rent, it's impossible to provide a precise percentage gap. The FMR for the metro area for fiscal year 2026 is set at $870. This figure represents the maximum amount that the government will pay toward a tenant's rent through the Housing Choice Voucher program, commonly known as Section 8.
In ZIP 25076, there are no renters reported, which means the population here primarily consists of homeowners. The median home value and median income are also listed as N/A, indicating that there isn't enough data to determine these metrics accurately. Despite the absence of market rent data, we can still analyze the implications of the FMR being the sole reference point for rental pricing in this area.
If the FMR of $870 is higher than the actual market rent, landlords who accept Section 8 vouchers can potentially see a higher yield on their investment properties. This scenario would allow them to receive government payments that exceed what they might typically charge for rent, thereby increasing their profitability without having to increase the rent paid by voucher recipients.
Conversely, if the FMR is lower than the market rent, landlords accepting Section 8 vouchers must be prepared to accept a lower rent than what the open market could offer. This situation presents a challenge for maximizing returns but can be seen as a way to provide affordable housing while still maintaining a property's occupancy and stability. Landlords should consider the long-term benefits of a stable tenant base versus the short-term gains of renting above the FMR.
The decision to participate in the Section 8 program in ZIP 25076 should be made with careful consideration of the local real estate landscape and the potential for receiving government subsidies that help bridge the gap between the FMR and the landlord's desired rental income. Given the limited data on renters and income levels, landlords must weigh the financial impact against the social contribution of offering affordable housing options.
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.