Section 8 Fair Market Rent (FMR) for ZIP 25241 - 2027

Location: Mason County, WV | Metro: Jackson County, WV

Investment Score for ZIP 25241

N/A
Monthly Rent (2BR)
$990
Median Price (2BR)
$N/A
1% Rule
0%
Annual Yield
0%

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

Unit Size Monthly FMR
Studio$750
1 Bedroom$840
2 Bedrooms$990
3 Bedrooms$1,260
4 Bedrooms$1,350
5 Bedrooms$1,566
6 Bedrooms$1,754
7 Bedrooms$1,894
8 Bedrooms$1,989

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
3BR $1,260 $229,730 0.55% F
4BR $1,350 $299,771 0.45% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
2,154
Median Household Income
$57,336
Housing Units
789
Renter Percentage
18.7%
Occupancy Rate
97.1%
Renter Occupied
143

The analysis of ZIP code 25241 reveals a unique balance between yield potential and market stability. With a Fair Market Rent (FMR) of $950 for the fiscal year 2024, compared to the local market rent of $664, there is a notable opportunity for landlords to achieve higher rental yields by aligning their rents with the FMR. This discrepancy suggests that properties can be rented at rates above the typical market level, providing an additional incentive for those looking to maximize returns.

However, the stability of the market is somewhat compromised. The area has a relatively low percentage of renters at 18.7%, which could indicate a less consistent demand for rental properties. Additionally, the median household income of $57,336 is below average, which might affect tenants' ability to pay higher rents consistently. The lack of data on days on market (DOM) further complicates the assessment of stability, as it is an important indicator of how quickly properties can be leased out.

The median home value in ZIP 25241 stands at $223,444. While this figure is not directly indicative of rental stability or yield, it does provide insight into the overall real estate market health. A lower median home value could suggest that the area is more affordable, potentially attracting a larger pool of tenants who are willing to pay closer to the FMR rate.

Based on these figures, ZIP 25241 leans towards being a high-yield/low-stability market. The potential for higher rental income due to the disparity between FMR and market rent is significant. However, the relatively low percentage of renters and median income levels hint at a less stable tenant base, where maintaining occupancy and collecting rent may require more effort and attention. For landlords and small-portfolio investors, this classification means that while the potential for higher returns exists, they should be prepared for a market that requires active management and possibly quicker turnover of properties.

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.