Location: Upshur County, WV | Metro: Randolph County, WV
| Unit Size | Monthly FMR |
|---|---|
| Studio | $740 |
| 1 Bedroom | $750 |
| 2 Bedrooms | $990 |
| 3 Bedrooms | $1,240 |
| 4 Bedrooms | $1,610 |
| 5 Bedrooms | $1,868 |
| 6 Bedrooms | $2,092 |
| 7 Bedrooms | $2,259 |
| 8 Bedrooms | $2,372 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 26236 reveals a unique scenario where traditional metrics such as median income and market rate rent are not available, suggesting an extremely limited or specialized housing market. This scarcity of data points to a potentially challenging environment for both tenants and landlords.
Given the voucher payment standard of $950 (FMR metro FY 2026), we can infer that for those who qualify for assistance, this figure represents the maximum amount that could be paid towards rent. However, with only 19 residents and 0.0% identified as renters, the market dynamics in ZIP 26236 are highly unusual, indicating either a predominantly owner-occupied area or an underreported rental market.
The lack of renters suggests a low competition environment for landlords. In such a case, the primary challenge would be attracting and retaining tenants, especially since there's no clear indication of what constitutes an affordable rent price for the local population. The affordability gap is thus undefined but likely significant given the absence of market rate data and the presence of a federal voucher standard.
For landlords considering their strategy, the takeaway is clear: if you have properties in ZIP 26236, focusing on voucher-supported tenants might be the most viable option due to the low number of potential cash-paying renters. Accepting vouchers at the standard rate of $950 ensures a steady stream of income, albeit at a fixed rate, which could be more reliable than waiting for cash-paying tenants who may not be present in sufficient numbers.
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.