Section 8 Fair Market Rent (FMR) for ZIP 25208 - 2027

Investment Score for ZIP 25208

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

A skeptical investor analyzing ZIP 25208 might raise several concerns regarding the feasibility of investing in properties there under the Section 8 program. Let's address these objections with the available data.

• Will FMR $850 (zip FY 2024) cover the mortgage on a $42,314 home? The Fair Market Rent (FMR) for ZIP 25208 is set at $850 per month for fiscal year 2024. To determine if this will cover the mortgage, we must consider the typical interest rates and loan terms. Assuming a 30-year fixed-rate mortgage at an average rate of 6%, the monthly payment on a $42,314 home would be approximately $247. This leaves a substantial buffer of $603 per month, which can be used for property taxes, insurance, maintenance, and other expenses. Thus, the FMR should comfortably cover the mortgage costs on such a property.
• Is there enough renter demand at 18.9%? The percentage of renters in ZIP 25208 is 18.9%. While this figure might seem low compared to some urban areas, it still represents a significant portion of the population. In many rural or suburban markets, rental demand is steady and reliable even at lower percentages. However, the data does not provide a detailed breakdown of the rental market dynamics, such as vacancy rates or the number of units available, which would give a clearer picture of the competition and demand. Based solely on the given percentage, there appears to be sufficient demand to fill a few rental units, but the overall market health requires further investigation.
• Will vouchers keep pace with N/A market rents? Unfortunately, the data provided does not include specific figures for voucher amounts or the general market rents in ZIP 25208. Without this information, it is impossible to definitively state whether vouchers will match or exceed the actual rental costs. It's crucial to monitor local housing authority updates and trends in voucher distribution to ensure that they align with the cost of living in the area. Given the FMR is set at $850, landlords should expect the voucher program to adjust accordingly, but continuous tracking is necessary to confirm this.

In conclusion, while the FMR of $850 is likely to cover the mortgage on a $42,314 home with room to spare, the 18.9% rental rate suggests a moderate demand for rental properties. The lack of specific data on voucher amounts and market rents means that caution is advised, and ongoing monitoring of local housing authority policies is essential to maintain profitability under the Section 8 program.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.