Location: Summers County, WV | Metro: Raleigh County, WV 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 | $750 |
| 1 Bedroom | $760 |
| 2 Bedrooms | $970 |
| 3 Bedrooms | $1,340 |
| 4 Bedrooms | $1,400 |
| 5 Bedrooms | $1,624 |
| 6 Bedrooms | $1,819 |
| 7 Bedrooms | $1,965 |
| 8 Bedrooms | $2,063 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,340 | $231,316 | 0.58% | F |
U.S. Census Bureau data (2024)
930 FMR (zip FY 2024) represents the Fair Market Rent for ZIP code 25825, which is significantly higher than the $720 market rent reported by the Census ACS. This discrepancy suggests a potential opportunity for landlords who can offer properties at or near the FMR level, capturing a segment of the market that may be underserved. The median home value stands at $225,968, indicating a stable housing market with reasonable property values. However, only 10.1% of residents are renters, suggesting a limited pool of tenants compared to other areas. The median income of $57,795 provides insight into the financial capabilities of local residents, though it does not directly correlate with rental affordability without further analysis. Unfortunately, the lack of data on days on market (DOM) and the percentage of price-cut share makes it challenging to assess the speed of property turnover and the frequency of price reductions in the area. Despite these gaps, the comparison between the FMR and market rent points to a favorable environment for landlords participating in the Section 8 program, as they can potentially charge closer to the FMR while still being competitive in the local rental market.
Section 8 Verdict: Attractive for landlords willing to meet program requirements due to higher FMR relative to market rent.Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.