Location: Wyoming County, WV | Metro: Wyoming County, WV
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $940 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,290 |
| 5 Bedrooms | $1,496 |
| 6 Bedrooms | $1,676 |
| 7 Bedrooms | $1,810 |
| 8 Bedrooms | $1,901 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 25916 within the Wyoming County, WV metro area reveals several critical points for landlords and small-portfolio investors.
The first question addresses whether the rent math works. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $870. However, due to the lack of specific market rent data for ZIP 25916, it's impossible to make a direct comparison. This absence of local market rent figures suggests either an underdeveloped rental market or a need for further localized research to understand the economic viability fully.
Regarding the affordability of property acquisition, the median home value and days on market (DOM) data are also not available for ZIP 25916. Without these figures, assessing the typical cost of acquiring properties and the average time it takes to sell them remains speculative. Additionally, the percentage of homes that require a price cut to sell is also missing, which would be crucial for understanding the local real estate market dynamics.
The third point concerns tenant demand. With a population of only 200 individuals and a 0.0% renter share, it's evident that the demand for rental properties is virtually non-existent. This statistic indicates that most residents likely own their homes, suggesting a challenging environment for landlords looking to attract tenants.
Verdict: The Wyoming County, WV metro area, specifically ZIP 25916, presents significant challenges for landlords and small-portfolio investors. The lack of detailed market rent and property acquisition data complicates financial planning and investment strategy. Moreover, the extremely low renter share implies a weak tenant market, making it difficult to justify rental property investments based on current demographic trends. Given these factors, investing in this ZIP code appears risky and unadvisable without additional, more granular data to support potential rental income and property acquisition costs.
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.