Section 8 Fair Market Rent (FMR) for ZIP 25688 - 2027

Location: Mingo County, WV | Metro: Mingo County, WV

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$710
1 Bedroom$730
2 Bedrooms$950
3 Bedrooms$1,130
4 Bedrooms$1,370
5 Bedrooms$1,589
6 Bedrooms$1,780
7 Bedrooms$1,922
8 Bedrooms$2,018

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
361
Median Household Income
$N/A
Housing Units
156
Renter Percentage
53.6%
Occupancy Rate
89.7%
Renter Occupied
75

The ZIP code 25688, located in West Virginia, is characterized by a strong reliance on rental housing, with nearly half of the residents being renters. This area is particularly interesting for real-estate investors looking to tap into the Section 8 housing market, given the availability of Fair Market Rent (FMR) data which provides insight into subsidized rental rates.

Investors should focus on the rental market in ZIP 25688, given the high share of renters and the defined FMR rate of $870 per month. The absence of certain key metrics such as market rent and median income necessitates thorough local market investigation to ensure the viability of rental investments. Despite these data gaps, the strong rental demand signals a potential for steady cash flow, making this area a worthwhile consideration for those interested in Section 8 properties.

Data Sources: FMR data from HUD (2027). 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.