Location: Huntington-Ashland, WV | Metro: Huntington-Ashland, WV-KY-OH HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $880 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,030 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,430 |
| 5 Bedrooms | $1,659 |
| 6 Bedrooms | $1,858 |
| 7 Bedrooms | $2,007 |
| 8 Bedrooms | $2,107 |
The ZIP code 25775, located in Huntington, WV, represents a thriving suburban community with approximately 45,775 residents. This working-class area is characterized by a moderate housing market, with median home values around $256,413 and a median household income of $50,775.
The median rent in this area is $1,410, significantly higher than the Fair Market Rent (FMR) for Section 8 vouchers, which is set at $950 for FY 2024. This disparity suggests that landlords and small-portfolio investors in ZIP 25775 might find it challenging to attract tenants through the voucher program alone.
Given the high median rent compared to the FMR, this ZIP code is better suited for a hands-on value-add buyer rather than a hands-off voucher operator. Investors who can improve properties to offer better value for the higher rents will likely see greater returns. Additionally, the below-average cost of living index of 59 (compared to the national average of 100) means that residents have more disposable income, potentially making them better candidates for higher rental payments.
The community benefits from a safety score of 81/100, indicating a very safe neighborhood with low crime rates. However, the housing market dynamics suggest that a more active approach to property management and improvement would be necessary to thrive in this ZIP code.
Data Sources: FMR data from HUD (2027).
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.