Location: Ritchie County, WV | Metro: Ritchie County, WV
| Unit Size | Monthly FMR |
|---|---|
| Studio | $710 |
| 1 Bedroom | $720 |
| 2 Bedrooms | $940 |
| 3 Bedrooms | $1,170 |
| 4 Bedrooms | $1,390 |
| 5 Bedrooms | $1,612 |
| 6 Bedrooms | $1,805 |
| 7 Bedrooms | $1,949 |
| 8 Bedrooms | $2,046 |
U.S. Census Bureau data (2024)
The ZIP code 26327 stands out due to its extremely low population of only 51 residents, which is unusual for any residential area. With 0.0% of the population renting, it is evident that this ZIP code is predominantly occupied by homeowners. However, the lack of data on median income and median home value suggests that there might be limited economic activity or diverse housing options available in this area.
Moving to the voucher economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $870. This figure is critical for understanding the rental assistance landscape, especially since the local market rent data is not available. The FMR provides a benchmark for landlords and small-portfolio investors to consider when setting their rental rates, ensuring they remain competitive while still receiving reasonable compensation through the Section 8 program.
Given the data signature, ZIP 26327 can be characterized as stable rather than transitional. The absence of renters and the lack of fluctuation in key economic indicators point towards a community where most residents own their homes and have likely been doing so for some time. While the limited data availability poses challenges for a comprehensive analysis, the current snapshot indicates a steady environment with little indication of significant change in the near future.
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.