Location: Raleigh 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 | $850 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,090 |
| 3 Bedrooms | $1,510 |
| 4 Bedrooms | $1,580 |
| 5 Bedrooms | $1,833 |
| 6 Bedrooms | $2,053 |
| 7 Bedrooms | $2,217 |
| 8 Bedrooms | $2,328 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,090 | $169,217 | 0.64% | D |
| 3BR | $1,510 | $269,241 | 0.56% | F |
| 4BR | $1,580 | $430,966 | 0.37% | F |
U.S. Census Bureau data (2024)
Daniels, WV, located in ZIP code 25832, is a small, tight-knit community with a total population of 4,818 residents. Only 10.9% of the population are renters, indicating a primarily owner-occupied area. The median household income in the neighborhood stands at $74,184, which suggests a relatively stable and middle-class demographic. Median home values are also notable, sitting at $283,649, reflecting the modest but comfortable living conditions typical of rural West Virginia.
Turning to the rental economics, the Fair Market Rent (FMR) for ZIP code 25832 in fiscal year 2024 is set at $1,040. This figure is specifically designated for housing assistance under the Section 8 program. However, the lack of available market rent data makes it challenging to compare the FMR against actual local rental rates, leaving some uncertainty about the profitability of properties solely relying on Section 8 vouchers.
Given the characteristics of Daniels, WV, it is best suited for a hands-off voucher operator rather than a hands-on value-add buyer. The low percentage of renters and the absence of significant market rent data indicate a limited demand for rental properties. Therefore, an investor should focus on maintaining a steady stream of income through the Section 8 program without expecting rapid growth or high returns from rental price increases. The stability offered by the program aligns well with the conservative nature of the local economy and the predominantly owner-occupied housing market.
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.