Section 8 Fair Market Rent (FMR) for ZIP 25617 - 2027

Location: Wyoming County, WV | Metro: Logan County, WV

Investment Score for ZIP 25617

N/A
Monthly Rent (2BR)
$940
Median Price (2BR)
$N/A
1% Rule
0%
Annual Yield
0%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$710
1 Bedroom$860
2 Bedrooms$940
3 Bedrooms$1,320
4 Bedrooms$1,590
5 Bedrooms$1,844
6 Bedrooms$2,065
7 Bedrooms$2,230
8 Bedrooms$2,342

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
3BR $1,320 $129,739 1.02% B

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
163
Median Household Income
$N/A
Housing Units
59
Renter Percentage
16.9%
Occupancy Rate
100.0%
Renter Occupied
10

ZIP 25617 has a population of 163 individuals. Only 16.9% of the population are renters, indicating that this area is predominantly homeowner-dominated rather than renter-heavy. The median household income is not available, but the per capita income is $27,688.

The median family income is not provided, but the per capita income suggests that typical rents would consume a significant portion of local income. For instance, if the average rent is around $600, it would represent approximately 21.6% of the per capita income. This is a substantial share compared to the Federal Market Rent (FMR) of $870 for FY 2026 in the metro area.

The high rate of poverty in ZIP 25617, at 36.2%, is significantly higher than both the state (16.7%) and national (12.5%) rates. This implies that there could be a considerable demand for rental assistance through Section 8 vouchers. However, due to the low proportion of renters, the overall number of potential Section 8 tenants is limited.

Landlords in ZIP 25617 can expect a tenant pool primarily composed of low-income families seeking affordable housing options. The majority of these tenants will likely rely on government assistance such as Section 8 vouchers to cover their rent. Given the high poverty rate and the relatively low per capita income, it is essential for landlords to understand the financial constraints of their prospective tenants and the importance of the voucher program in facilitating rental payments.

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.