Location: Gilmer County, WV | Metro: Calhoun 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 | $710 |
| 1 Bedroom | $870 |
| 2 Bedrooms | $940 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,290 |
| 5 Bedrooms | $1,496 |
| 6 Bedrooms | $1,676 |
| 7 Bedrooms | $1,810 |
| 8 Bedrooms | $1,901 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,280 | $165,858 | 0.77% | D |
U.S. Census Bureau data (2024)
17.3% of the residents in ZIP 25267 are renters, indicating a significant portion of the population relies on rental housing. This statistic is crucial for landlords and small-portfolio investors looking to enter the market. However, the median home value stands at $114,317, which does not directly reflect the rental market conditions but can provide insights into the overall economic status of the area.
$940 is the Fair Market Rent (FMR) for the metro area in fiscal year 2026, a key figure for Section 8 housing voucher holders. This means that landlords should aim to set their rental prices around this amount to remain competitive and attractive to potential tenants using Section 8 vouchers.
The data for market rent, median income, days on market (DOM), and the percentage of price-cut shares are not available, which suggests a lack of recent comprehensive data on these metrics. Investors should be cautious and conduct further research to understand the local rental dynamics and economic trends.
Despite the missing data points, the presence of a substantial renter share and the defined FMR provides a foundation for investment decisions. Landlords can leverage the known FMR to ensure their properties are priced within the acceptable range for Section 8 participants, thereby securing a steady stream of tenants.
Section 8 verdict: Attractiveness varies due to incomplete data, but setting rents near $940 aligns with the Fair Market Rent and caters to the 17.3% of renters in ZIP 25267.
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.