Location: Lincoln County, WV | Metro: Huntington-Ashland, WV-KY-OH 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 | $850 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,030 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,530 |
| 5 Bedrooms | $1,775 |
| 6 Bedrooms | $1,988 |
| 7 Bedrooms | $2,147 |
| 8 Bedrooms | $2,254 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,030 | $105,049 | 0.98% | C |
| 3BR | $1,320 | $175,181 | 0.75% | D |
U.S. Census Bureau data (2024)
The Federal Market Rent (FMR) for ZIP code 25559, Salt Rock, WV, stands at $920 for fiscal year 2024. This figure indicates the maximum amount that a household receiving federal rental assistance can be charged. However, the absence of current market rent data suggests a limited presence of rental properties or a less active rental market compared to the broader real estate landscape.
The median home value of $163,733 reflects a relatively affordable housing market. Given the lack of specific data on the percentage of homes needing price cuts and the days on market (DOM), it's challenging to definitively state whether supply outpaces demand or vice versa. Nevertheless, the low median home value implies that there could be a significant number of homeownership opportunities, which might attract buyers looking for cost-effective options.
The 28.8% renter share highlights an interesting dynamic within the housing market of Salt Rock. A substantial portion of residents are renters, indicating a steady demand for rental properties. Over the long term, this high renter share could translate into persistent housing pressure, as a considerable number of residents may seek stable, affordable housing options. This situation can potentially lead to increased investment in rental properties to meet the ongoing needs of the local population.
In summary, while specific indicators suggest a balanced market, the high renter share and affordable median home values point towards a dynamic environment where both rental and ownership markets are likely to experience continued activity. Landlords and small-portfolio investors should consider these factors when evaluating the potential returns and risks associated with investing in Salt Rock's real estate market.
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.