Section 8 Fair Market Rent (FMR) for ZIP 25909 - 2027

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

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$840
1 Bedroom	$850
2 Bedrooms	$1,090
3 Bedrooms	$1,480
4 Bedrooms	$1,640
5 Bedrooms	$1,902
6 Bedrooms	$2,130
7 Bedrooms	$2,300
8 Bedrooms	$2,415

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

836

Median Household Income

$86,484

Housing Units

317

Renter Percentage

6.6%

Occupancy Rate

100.0%

Renter Occupied

The ZIP code 25909, located in West Virginia, is characterized by its rural setting and a community that is predominantly homeowners. This area offers a unique opportunity for real estate investors, particularly those interested in the rental market, due to its specific economic and demographic conditions.

The Fair Market Rent (FMR) for a two-bedroom apartment in ZIP 25909 for fiscal year 2024 is set at $930, providing a benchmark for rental pricing in the area.
Despite the lack of specific market rent data, the FMR suggests a stable rental environment with modest growth potential.
The median home value is not available, indicating a smaller dataset or less frequent transactions in the area, which can be typical for rural regions.
Renters make up only 6.6% of the population, reflecting a strong preference for homeownership among residents.
The median income of $86,484 is relatively high for the region, suggesting that while the rental market is small, it is composed of individuals who have the financial capability to afford higher rents.
The Days on Market (DOM) statistic is not available, but given the low renter share, it's likely that rental properties are occupied quickly once they become available.

Investors should note the limited size of the rental market in ZIP 25909, but also recognize the potential for steady, reliable returns due to the high median income level. The FMR of $930 provides a clear guideline for pricing, and while the market may not be as dynamic as urban areas, the demand for rental units, though niche, can still be met effectively.

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.