Location: Fayette County, WV | Metro: Fayette 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 | $990 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,650 |
| 5 Bedrooms | $1,914 |
| 6 Bedrooms | $2,144 |
| 7 Bedrooms | $2,316 |
| 8 Bedrooms | $2,432 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $990 | $122,457 | 0.81% | C |
| 3BR | $1,300 | $170,610 | 0.76% | D |
| 4BR | $1,650 | $221,971 | 0.74% | D |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 25901, Oak Hill, WV, for fiscal year 2024 is set at $900. This figure represents the maximum amount that a landlord can charge for a Section 8 rental unit, not the actual rent paid by tenants. The FMR is established by the U.S. Department of Housing and Urban Development (HUD) to ensure that rents are affordable for low-income families.
In comparison, the average rent in ZIP 25901, according to the latest Census American Community Survey (ACS), is $821. This means that the FMR is slightly higher than the typical market rent, providing landlords with a margin that can cover maintenance costs and potential vacancies.
The rental share in Oak Hill is 25.9%, indicating a significant portion of the population rents rather than owns their homes. This suggests there is a steady demand for rental properties, particularly those that qualify under the Section 8 program. Landlords can expect a consistent stream of tenants who are financially supported by the government to meet their housing needs.
When considering the purchase of a property to enter into the Section 8 program, it's important to note that the median home value in Oak Hill is approximately $148,883. This figure can help you gauge the acquisition cost of a property suitable for Section 8 rentals. Keep in mind that the property must meet certain standards and be appraised at a value that justifies the $900 FMR to be eligible for the program.
Before proceeding with a Section 8 rental in ZIP 25901, verify that your property meets HUD’s Housing Quality Standards (HQS). These standards ensure that the rental unit is safe, decent, and sanitary for tenants. Failure to comply with HQS can result in penalties or loss of Section 8 eligibility.
Entering the Section 8 program in Oak Hill can be a stable investment, given the established FMR and the local rental demand. With proper preparation and adherence to guidelines, landlords can provide affordable housing while maintaining a reliable income source.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.