Location: Roane County, WV | Metro: Parkersburg-Vienna, WV MSA
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 | $790 |
| 2 Bedrooms | $940 |
| 3 Bedrooms | $1,200 |
| 4 Bedrooms | $1,340 |
| 5 Bedrooms | $1,554 |
| 6 Bedrooms | $1,740 |
| 7 Bedrooms | $1,879 |
| 8 Bedrooms | $1,973 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,200 | $195,679 | 0.61% | D |
U.S. Census Bureau data (2024)
The ZIP code 25252 is situated in a small, tight-knit neighborhood with a total population of 1,195 residents. Only 13.9% of these residents are renters, indicating a primarily owner-occupied community. The median household income in this area is $44,763, which suggests a modest economic profile. The median home value stands at $174,620, reflecting affordable housing options for both buyers and investors.
Moving into the realm of rental economics, the Fair Market Rent (FMR) for ZIP 25252 in fiscal year 2024 is set at $850. This figure is crucial for Section 8 investors as it represents the benchmark for rental subsidies. However, the lack of specific market rent data means we must rely on the FMR as an indicator of what tenants can afford. Given the modest median income, the $850 FMR aligns well with the financial capabilities of local residents.
Considering the characteristics of ZIP 25252, it appears to be a suitable location for a hands-off voucher operator rather than a hands-on value-add buyer. The low percentage of renters indicates a stable, owner-occupied community where demand for rental properties might not be as high. Additionally, the modest median income and home values suggest that the primary focus should be on providing affordable housing solutions, which aligns with the hands-off approach of managing Section 8 properties.
For hands-off operators, the key will be ensuring compliance with HUD regulations and maintaining properties at a level that meets the needs of Section 8 tenants without requiring extensive renovations or upgrades. On the other hand, for hands-on investors looking to add value, the limited rental market and the modest income levels may present challenges in finding tenants willing to pay above the subsidized rates.
In summary, ZIP 25252 offers a niche opportunity for Section 8 investors, particularly those who prefer a hands-off management style. The economic conditions support the viability of properties rented at or near the FMR of $850, making it a feasible option for those seeking stable, long-term investments in affordable housing.
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.