Section 8 Fair Market Rent (FMR) for ZIP 26103 - 2027

FY 2027 Fair Market Rent Rates

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

Based on the available data, ZIP 26103 in Parkersburg-Vienna, WV MSA, should be considered a **cash-flow anchor** within a Section 8 portfolio strategy. The Fair Market Rent (FMR) for a 2-bedroom unit in ZIP 26103 for FY 2024 is set at $950. This figure serves as a benchmark for landlords participating in the Section 8 program, ensuring they receive a stable income that covers their expenses and provides a predictable cash flow.

To defend this position, consider the following:

• Predictable Income: With the FMR set at $950, landlords can rely on a consistent income stream, which is crucial for financial planning.
• Expense Coverage: In areas where the median home value and market rents are not significantly higher, the $950 FMR adequately covers the cost of maintenance, utilities, and other expenses associated with property management.
• Limited Appreciation Potential: While appreciation plays a significant role in real estate investments, ZIP 26103 offers limited opportunities for rapid increases in property values or rental rates. Therefore, it is better suited for generating steady cash flow rather than capital gains.

In conclusion, ZIP 26103 is best positioned as a cash-flow anchor in a Section 8 portfolio strategy. It ensures that landlords receive reliable payments that cover their costs and contribute to a stable financial situation without the expectation of significant appreciation or diversification benefits.

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.