Location: Jackson County, WV | Metro: Putnam County, 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 | $770 |
| 1 Bedroom | $870 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,440 |
| 5 Bedrooms | $1,670 |
| 6 Bedrooms | $1,870 |
| 7 Bedrooms | $2,020 |
| 8 Bedrooms | $2,121 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,320 | $255,042 | 0.52% | F |
U.S. Census Bureau data (2024)
The ZIP code 25245 presents several challenges for potential Section 8 landlords. Firstly, the tenant turnover rate can be problematic when considering the market rent versus the Fair Market Rent (FMR) of $910 for FY 2024. If market rents exceed this figure, landlords might face difficulties in retaining tenants who are limited by the voucher amount.
Vacancy exposure is another concern, particularly due to the lack of data on days on market (DOM). This uncertainty makes it difficult to predict how long properties might remain vacant, increasing financial risk for landlords. Furthermore, the typical home value of $242,492 combined with a median income of $82,232 suggests that many homeowners might be struggling financially, potentially leading to deferred maintenance issues. This could result in higher repair costs and maintenance obligations for landlords participating in the Section 8 program.
Despite these risks, the ZIP code has a 0.0% renter share, indicating a low density of renters. However, this does not necessarily mean lower demand for Section 8 vouchers. In fact, areas with a high proportion of homeowners might have a greater concentration of voucher holders, as they seek affordable housing options within their communities. This could mitigate some of the vacancy concerns, as there may still be a significant pool of eligible tenants.
In conclusion, the combination of uncertain market conditions and potential maintenance costs makes ZIP 25245 a moderate risk for a first-time Section 8 landlord. While the low renter share might initially seem concerning, the presence of voucher holders could provide a steady stream of tenants, balancing out the risks involved.
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.