Location: Roane County, WV | Metro: Charleston, 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 | $700 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $990 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,350 |
| 5 Bedrooms | $1,566 |
| 6 Bedrooms | $1,754 |
| 7 Bedrooms | $1,894 |
| 8 Bedrooms | $1,989 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $990 | $95,921 | 1.03% | B |
| 3BR | $1,270 | $148,280 | 0.86% | C |
U.S. Census Bureau data (2024)
45,250 is the median income in ZIP 25286, Walton, WV, indicating a moderate earning level among residents. 123,716 represents the median home value, suggesting that homes in this area are relatively affordable compared to national averages. 22.3% is the proportion of households that are renters, a figure that highlights a significant but not overwhelming rental market. While the Fair Market Rent (FMR) for 2024 is set at 1000, it's important to note that this is the benchmark used by the HUD for determining payment standards under the Section 8 program, and it does not reflect the actual market rent which is listed as N/A due to insufficient data points. The lack of specific data on days on market (DOM) and the percentage of listings that have had their prices cut (N/A) suggests stability in the housing market without significant fluctuations or prolonged periods of unsold properties.
In ZIP 25286, the combination of a reasonable median home value and a defined FMR provides a clear guideline for landlords and small-portfolio investors. The 22.3% renter share indicates a steady demand for rental properties, making it a viable investment opportunity. However, the absence of precise market rent data means that landlords must be cautious in setting rents to ensure they remain competitive yet profitable. Given the established FMR of 1000, properties priced around this amount will likely attract tenants participating in the Section 8 program.
The verdict for Section 8 participation in ZIP 25286 is positive, with the potential for stable occupancy rates and predictable income streams for landlords who adhere to the guidelines and pricing structures recommended by the HUD.
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.