Section 8 Fair Market Rent (FMR) for ZIP 26230 - 2027

Location: Randolph County, WV | Metro: Randolph County, WV

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$730
1 Bedroom	$750
2 Bedrooms	$980
3 Bedrooms	$1,210
4 Bedrooms	$1,560
5 Bedrooms	$1,810
6 Bedrooms	$2,027
7 Bedrooms	$2,189
8 Bedrooms	$2,298

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

Median Household Income

$N/A

Housing Units

Renter Percentage

N/A

Occupancy Rate

20.6%

Renter Occupied

The ZIP code 26230, located in the heart of West Virginia, is characterized by its rural landscape and close-knit community. This area offers a unique opportunity for real estate investors interested in the less densely populated regions of the country. The following analysis provides key metrics that are crucial for understanding the local market dynamics.

The Fair Market Rent (FMR) for a two-bedroom apartment in the metro area for fiscal year 2026 is set at $930, indicating a stable housing cost environment.
Market rent data is currently unavailable for ZIP 26230, which can make it challenging to assess the precise rental trends without further investigation.
The median home value is also not available, suggesting that the area might be dominated by owner-occupied homes rather than rentals.
The renter share stands at 0.0%, implying that the majority of residents in this ZIP code own their homes, which could influence the demand for rental properties.
The days on market (DOM) data is not available, making it difficult to gauge how quickly properties are typically sold in this area.
The median income data is not available, which is critical for understanding the financial capabilities of potential tenants or buyers in the area.

Despite the lack of certain key data points such as market rent and median income, the stability indicated by the Fair Market Rent and the low renter share suggest that the area primarily caters to homeowners. For landlords and small-portfolio investors, this implies a potentially niche market where rental properties may not be in high demand. However, the absence of market rent and median income figures leaves significant gaps in assessing the true investment potential, highlighting the need for thorough local research before committing to investments in ZIP 26230.

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.