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 | $64,864 | 1.54% | A+ |
| 3BR | $1,280 | $76,670 | 1.67% | A+ |
| 4BR | $1,390 | $101,076 | 1.38% | A |
U.S. Census Bureau data (2024)
The ZIP code 25703 in Huntington, West Virginia, stands out within Cabell County due to its significant rental population and relatively low median income compared to the median home value. With a total of 4,598 residents, 83.4% of whom rent their homes, the area has a strong demand for affordable housing solutions. The median income of $24,139 is notably lower than the median home value of $69,317, indicating a substantial gap between income levels and housing costs.
Section 8 vouchers play a crucial role in this ZIP code's housing market. The Fair Market Rent (FMR) for ZIP 25703 for fiscal year 2024 is set at $940, while the market rate, measured by the ZORI (Zillow Observed Rent Index), is $1,104. This means that landlords who accept Section 8 vouchers can expect to receive a subsidy that covers approximately 85% of the market rent, making it a viable option for many property owners in the area. The difference between the FMR and the ZORI highlights the financial support provided by the government to ensure affordability for low-income renters.
The data signature for ZIP 25703 suggests a stable environment. Despite the high percentage of renters and lower median income, the median home value indicates a relatively consistent real estate market. The presence of a robust Section 8 program helps maintain stability by providing a reliable source of income for landlords through government subsidies, ensuring that rental properties remain occupied and financially sustainable.
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.