Location: Randolph County, WV | Metro: Randolph County, WV
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,620 |
| 5 Bedrooms | $1,879 |
| 6 Bedrooms | $2,104 |
| 7 Bedrooms | $2,272 |
| 8 Bedrooms | $2,386 |
U.S. Census Bureau data (2024)
The ZIP code 26268 is not a renter-heavy area; only 0.0% of its population are renters, indicating that it is primarily a homeowner-dominated area. This means that the demand for rental properties using Section 8 vouchers will likely be lower compared to areas with higher percentages of renters.
With the median household income being listed as N/A, it's challenging to provide a direct comparison between income levels and market rents. However, we can still analyze the situation based on the Fair Market Rent (FMR) which is set at $940 for the fiscal year 2026 in the metropolitan area. This figure represents the average rent that a tenant would pay if they were using a Section 8 voucher.
In homeowner-dominated areas such as ZIP 26268, landlords might find that tenants relying on Section 8 vouchers constitute a smaller portion of their potential tenant pool. The scarcity of vouchers in this area could mean that landlords will have to compete less with other properties accepting vouchers, but it also suggests that the overall number of Section 8 tenants looking for housing will be limited.
The type of tenant profile a landlord in ZIP 26268 should expect includes individuals who are financially constrained and rely on government assistance to cover their housing costs. These tenants would typically be spending a significant portion of their income on rent, aligning closely with the FMR of $940. Given the low percentage of renters, landlords should prepare for a niche market where Section 8 vouchers are less common and possibly harder to come by.
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.