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 | $730 |
| 1 Bedroom | $730 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,600 |
| 5 Bedrooms | $1,856 |
| 6 Bedrooms | $2,079 |
| 7 Bedrooms | $2,245 |
| 8 Bedrooms | $2,357 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $960 | $71,977 | 1.33% | A |
| 3BR | $1,260 | $130,675 | 0.96% | C |
U.S. Census Bureau data (2024)
The ZIP code 25917, encompassing Scarbro, WV, presents a market characterized by limited available data but offers insights into its current dynamics. The Fair Market Rent (FMR) for ZIP 25917 stands at $870 for fiscal year 2024. This figure suggests a stable rental environment, although the lack of market rent data indicates that there might be fewer transactions or less activity in the rental sector compared to other areas.
The median home value of $97,423 reflects a modest housing market, typical of rural areas. The absence of data on the percentage of homes offered at a price cut and the days on market (DOM) suggests that the housing stock is not heavily discounted, nor is it lingering unsold for extended periods. This implies a relatively balanced market where neither buyers nor sellers have overwhelming leverage.
A notable statistic is the 17.9% renter share, which is a significant indicator of long-term housing pressure. In ZIP 25917, nearly one in every five households is a renter. This relatively high proportion of renters can signal persistent affordability challenges for homeownership, leading to sustained rental demand. Over time, this dynamic could exert upward pressure on rents as the need for affordable housing continues to favor the rental market over homeownership.
The market in ZIP 25917 appears to be in a state of equilibrium rather than one where supply clearly outpaces demand or vice versa. However, the high renter share points towards an ongoing challenge in the local housing market, particularly for those seeking to own rather than rent. This situation underscores the importance of rental properties for landlords and small-portfolio investors, as they serve a critical role in providing housing options to a substantial portion of the community.
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.