Location: Huntington-Ashland, 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 | $860 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,390 |
| 5 Bedrooms | $1,612 |
| 6 Bedrooms | $1,805 |
| 7 Bedrooms | $1,949 |
| 8 Bedrooms | $2,046 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,000 | $99,484 | 1.01% | B |
| 3BR | $1,280 | $144,875 | 0.88% | C |
| 4BR | $1,390 | $189,137 | 0.73% | D |
U.S. Census Bureau data (2024)
The Wayne, WV area, represented by ZIP code 25570, offers a unique blend of rural charm and accessibility to urban amenities. Nestled along the Ohio River, it provides residents with picturesque views and a tranquil living environment. However, its proximity to larger cities ensures that it remains connected and relevant to broader economic trends. This balance makes Wayne an intriguing market for both landlords and small-portfolio investors looking to capitalize on its steady rental demand and affordable property values.
In summary, Wayne, WV presents a market where the Fair Market Rent exceeds the actual market rent, offering landlords the opportunity to increase their rental income without pricing out potential tenants. With a median home value well below many comparable markets, Wayne also offers a cost-effective entry point for investors. However, the relatively low median income suggests that competition for quality tenants may be higher, necessitating attention to property management and maintenance to attract and retain good tenants. The limited availability of Days on Market data indicates that further investigation into local real estate trends would be beneficial for investors looking to make informed decisions.
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.