Section 8 Fair Market Rent (FMR) for ZIP 26151 - 2027

Location: Calhoun County, WV | Metro: Calhoun County, WV

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$710
1 Bedroom$760
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

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
572
Median Household Income
$40,781
Housing Units
263
Renter Percentage
13.8%
Occupancy Rate
96.6%
Renter Occupied
35
Based on the available data, ZIP 26151 in Calhoun County, WV, serves as a **cash-flow anchor** within a Section 8 portfolio strategy. The median home value in this area stands at $114,487, while the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $870. Given the absence of specific market data, the disparity between the FMR and the median home value suggests a significant spread, indicating that properties in this ZIP code can offer stable and predictable cash flows for landlords and small-portfolio investors.

The lack of recent market data and the absence of specific appreciation plays or diversifiers makes ZIP 26151 a reliable choice for generating consistent rental income. With a 13.8% renter share and a median income of $40,781, there is a notable demand for affordable rental units, which aligns well with the Section 8 program.

While the area faces moderate risks from natural hazards such as wildfires, the primary focus for investors should be on the stability and predictability of cash flows rather than speculative growth. This makes ZIP 26151 an ideal candidate for those seeking to balance their portfolios with low-risk, high-yield investments.

To summarize, ZIP 26151 should be considered a cash-flow anchor due to its alignment with the Section 8 program, the significant spread between FMR and median home values, and the steady demand for rental properties. This strategy ensures a stable income stream, which is crucial for long-term portfolio management.

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.