Location: Parkersburg-Vienna, WV | Metro: Parkersburg-Vienna, WV MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $980 |
| 3 Bedrooms | $1,220 |
| 4 Bedrooms | $1,290 |
| 5 Bedrooms | $1,496 |
| 6 Bedrooms | $1,676 |
| 7 Bedrooms | $1,810 |
| 8 Bedrooms | $1,901 |
The ZIP code 26102 in Parkersburg, WV, has a fair market rent (FMR) of $950 for fiscal year 2024. This figure represents the maximum amount that HUD will pay for a unit under the Section 8 program. Given the lack of specific market rent and home value data for this area, we must rely on the FMR to gauge potential yields.
On the stability axis, there is insufficient data regarding the percentage of renters, days on market (DOM), and median income levels. However, based on the FMR alone, it suggests a moderate yield environment. If the local market rents align closely with the FMR, then it indicates a stable cash flow opportunity rather than a high-yield market.
To classify the market, one would need more granular data on local rental prices and home values to determine if it leans towards a steady cash flow zone or a higher-risk, higher-reward scenario. Until additional data is available, ZIP 26102 appears to be a middle-ground market, suitable for conservative investors seeking reliable returns.
Data Sources: FMR data from HUD (2027).
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.