Section 8 Fair Market Rent (FMR) for ZIP 25339 - 2027

FY 2027 Fair Market Rent Rates

The classification of ZIP 25339 (Unknown, WV) on the yield and stability axes requires specific data points. However, based on available information, we can infer some aspects.

Yield: The Small Area Fair Market Rent (SAFMR) for a one-bedroom apartment in ZIP 25339 for fiscal year 2024 is set at $630. For a two-bedroom apartment, it's $760. These figures indicate that the rental market in this area is relatively low compared to national averages, suggesting a moderate yield potential. Landlords should aim to keep their rental prices competitive but close to these FMR levels to ensure steady occupancy and income.

Stability: Specific data on the percentage of renters, days on market (DOM), and median household income in ZIP 25339 is currently unavailable. Without these figures, it's challenging to fully assess the stability of the market. However, the low SAFMR suggests a less affluent area, which could impact both tenant retention and property values. Stability in this context would depend on broader economic conditions and the local job market.

Given the limited data, ZIP 25339 appears to be a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The focus should be on maintaining a consistent tenant base and ensuring properties are well-managed to avoid extended vacancies. While the yield might not be exceptionally high, the lower risk associated with a stable rental market makes it suitable for landlords and small-portfolio investors seeking reliable returns.

Data Sources: FMR data from HUD (2027).

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.