Section 8 Fair Market Rent (FMR) for ZIP 25882 - 2027

Location: Wyoming County, WV | Metro: Wyoming County, WV

Investment Score for ZIP 25882

A+
Monthly Rent (2BR)
$1,390
Median Price (2BR)
$44,668
1% Rule
3.11%
Annual Yield
37.34%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,040
1 Bedroom$1,260
2 Bedrooms$1,390
3 Bedrooms$1,870
4 Bedrooms$1,880
5 Bedrooms$2,181
6 Bedrooms$2,443
7 Bedrooms$2,638
8 Bedrooms$2,770

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,390 $44,668 3.11% A+
3BR $1,870 $63,944 2.92% A+

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
2,268
Median Household Income
$57,500
Housing Units
1,214
Renter Percentage
24.6%
Occupancy Rate
74.1%
Renter Occupied
221

The ZIP code 25882, located in Mullens, WV, has a population of 2,268 residents, with 24.6% of them being renters. This indicates that the area is primarily a homeowner-dominated region rather than a renter-heavy one. However, the presence of rental units still suggests there is a market for Section 8 tenants, albeit perhaps a smaller one compared to more urban areas.

The median household income in this ZIP code stands at $57,500, which provides context for evaluating the affordability of housing. The typical market rent of $510 represents approximately 9.2% of the median income. This figure is significantly lower than the Fair Market Rent (FMR) of $990, indicating that properties priced at $510 are well below the FMR for the metro area, making them attractive to voucher holders.

To put the $510 rent into perspective, it consumes about 9.2% of the median income. This is a relatively low percentage, suggesting that tenants using vouchers can afford higher rents without financial strain. In contrast, the FMR of $990 would consume about 17.2% of the median income, which is more than twice the proportion of income dedicated to rent at the market rate.

A landlord in ZIP 25882 should expect a tenant profile characterized by individuals who rely on housing vouchers due to the lower income levels relative to the FMR. These tenants will likely be seeking affordable housing options, making properties priced at or near the $510 market rent ideal for attracting Section 8 participants. The scarcity of voucher demand in this predominantly homeowner area means that landlords may have fewer applicants compared to areas with higher percentages of renters, but those applying will be serious about securing stable, affordable housing.

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.