Location: Mason County, WV | Metro: Mason 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 | $760 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,020 | $86,999 | 1.17% | B |
| 3BR | $1,250 | $145,170 | 0.86% | C |
U.S. Census Bureau data (2024)
New Haven, WV, located in ZIP code 25265, has a population of 1,285 individuals. With 20.0% of the residents being renters, it suggests that this area is not heavily dominated by renters. The median household income stands at $51,827, which provides insight into the financial capabilities of potential tenants.
The market rent in this area is set at $575, which consumes approximately 11.1% of the median household income. This figure indicates that rent is relatively affordable compared to the average income level. However, when considering the Fair Market Rent (FMR) of $940 for the metro area (as of FY 2026), the disparity between the local market rent and the FMR becomes apparent. The FMR is significantly higher, suggesting that New Haven might be an attractive location for tenants seeking lower-cost housing options.
To understand the depth of voucher demand, it's essential to consider the percentage of renters and the income levels. Given that only 20.0% of the population are renters, the demand for Section 8 vouchers may not be as high as in areas with a larger proportion of renters. Yet, the median income level and the affordability of the $575 market rent suggest that there could still be a reasonable number of residents who qualify for and utilize Section 8 vouchers.
A landlord in ZIP 25265 should expect a tenant pool that largely consists of low-income families or individuals. These tenants will likely rely on Section 8 vouchers to cover their rental expenses. While the voucher demand isn't overwhelming due to the lower percentage of renters, the opportunity to attract tenants who benefit from the voucher program remains viable given the income levels and the relatively low market rents.
In summary, New Haven, WV, is not a renter-heavy ZIP code but offers opportunities for landlords willing to participate in the Section 8 program. The $575 market rent is manageable for the local population, making it a suitable option for those receiving rental assistance. Landlords should prepare for a tenant base that includes a significant number of individuals or families who need financial support to afford 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.