Section 8 Fair Market Rent (FMR) for ZIP 25701 - 2027

Location: Huntington-Ashland, WV | Metro: Huntington-Ashland, WV-KY-OH HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$870
1 Bedroom	$880
2 Bedrooms	$1,020
3 Bedrooms	$1,310
4 Bedrooms	$1,410
5 Bedrooms	$1,636
6 Bedrooms	$1,832
7 Bedrooms	$1,979
8 Bedrooms	$2,078

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

21,197

Median Household Income

$56,292

Housing Units

11,925

Renter Percentage

41.2%

Occupancy Rate

83.2%

Renter Occupied

4,091

Housing Authorities Serving ZIP 25701

Housing Authority of the City of Huntington (Huntington, WV) - 1,502 Section 8 vouchers

The ZIP code 25701, located in Huntington, West Virginia, offers a unique market opportunity for landlords and small-portfolio investors. Nestled along the Ohio River, Huntington is a city with a mix of industrial and residential areas, providing a diverse tenant pool. The real estate market here is characterized by stable federal guidelines and modest rental values, making it a predictable investment environment.

The Fair Market Rent (FMR) for a two-bedroom apartment in ZIP 25701 for fiscal year 2024 is set at $1040, indicating the federal benchmark for rental pricing in the area.
The Zillow Observed Rental Index (ZORI) reflects a slightly higher average market rent of $1,047 for similar properties, suggesting that local demand is closely aligned with federal standards.
The median home value in ZIP 25701 stands at $151,737, which is relatively low compared to many other regions, allowing for affordable entry points into the real estate market.
Renters make up 41.2% of the housing stock, pointing to a significant portion of the population that prefers leasing over homeownership, thus creating a consistent demand for rental properties.
The median household income in the area is $56,292, which provides insight into the financial capacity of potential tenants and supports the rental price levels observed.

In summary, ZIP 25701 presents a balanced real estate market where rental prices are stable and supported by federal guidelines. The median home value and income levels suggest that the area is accessible for both investors and tenants. With a substantial renter share, there is a reliable demand for rental properties, making it a suitable location for those looking to invest in a predictable market.

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.