Location: Roane County, WV | Metro: Jackson County, WV
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 | $720 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,450 |
| 5 Bedrooms | $1,682 |
| 6 Bedrooms | $1,884 |
| 7 Bedrooms | $2,035 |
| 8 Bedrooms | $2,137 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,280 | $153,441 | 0.83% | C |
U.S. Census Bureau data (2024)
The market in ZIP 25243 presents a dynamic landscape that is indicative of ongoing shifts in housing demand and supply. With a Fair Market Rent (FMR) of $850 for the fiscal year 2024, it's clear that rental properties in this area are priced within a range that reflects both affordability and competitive positioning. The absence of recent market rent data suggests either a stable market or one that hasn't seen significant fluctuations to warrant updates. Similarly, the lack of data on price-cut shares and days on market (DOM) points to a market that is relatively steady, without dramatic changes in property listings or pricing strategies.
The median home value of $142,574 in ZIP 25243 indicates an affordable housing market, which could attract first-time buyers and investors looking for entry-level properties. This figure is likely influenced by the area's economic conditions and the overall health of the local housing market.
A key metric to consider is the 11.0% renter share. This low percentage of renters relative to homeowners suggests that the area has a strong preference for owner-occupied homes. However, it also implies that there might be long-term housing pressure as fewer units are available for rent. As the population grows or changes, the demand for rental properties could increase, leading to upward pressure on rents if the supply of rental units remains limited.
In summary, ZIP 25243 appears to be a market where the supply of rental units is currently meeting demand, but the low renter share indicates potential future pressures. Landlords and small-portfolio investors should monitor trends in population growth and economic conditions closely to anticipate changes in the rental market dynamics.
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.