Section 8 Fair Market Rent (FMR) for ZIP 25812 - 2027

Location: Fayette County, WV | Metro: Fayette County, WV HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$760
1 Bedroom	$760
2 Bedrooms	$1,000
3 Bedrooms	$1,310
4 Bedrooms	$1,670
5 Bedrooms	$1,937
6 Bedrooms	$2,169
7 Bedrooms	$2,343
8 Bedrooms	$2,460

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,339

Median Household Income

$43,646

Housing Units

740

Renter Percentage

24.1%

Occupancy Rate

80.7%

Renter Occupied

144

The ZIP code 25812, located within the Fayette County, WV HUD Metro FMR Area, presents a unique profile compared to other ZIP codes in the same county. Its Fair Market Rent (FMR) for FY 2024 is set at $850, which is lower than the market rent of $988. This indicates that while government subsidies aim to cover a significant portion of rental costs, there is still a gap that landlords could potentially fill.

The median home value in 25812 stands at $124,666, suggesting that it is a relatively affordable area within the Fayette County HUD Metro FMR Area. The renter share in this ZIP code is 24.1%, which is higher than the average for many rural areas but still lower than urban centers where renter shares can exceed 50%. This elevated renter share combined with below-average home values could signal a favorable environment for landlords who are willing to accept Section 8 tenants.

To determine whether 25812 is a value pocket, a mid-tier neighborhood, or a premium sub-market, consider the following:

Value Pocket: Given the below-metro FMR and market rent, along with a higher-than-average renter share, 25812 appears to be a value pocket. Landlords can offer properties at a slightly higher rate than the FMR without significantly exceeding the market rent, making it an attractive option for both tenants and property owners.
Mid-Tier Neighborhood: The ZIP code's characteristics do not align strongly with those of a mid-tier neighborhood, as typically such areas would have FMRs closer to market rents and more balanced home values relative to the surrounding area.
Premium Sub-Market: It is unlikely that 25812 qualifies as a premium sub-market due to its relatively low home values and FMR compared to the overall market conditions in the Fayette County HUD Metro FMR Area.

In summary, 25812 offers opportunities for landlords interested in Section 8 tenants, given its combination of affordable housing and a notable renter population. The disparity between FMR and market rent suggests a potential niche for landlords to operate effectively within this ZIP code.

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.