Location: Harrison County, WV | Metro: Harrison County, WV
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,540 |
| 5 Bedrooms | $1,786 |
| 6 Bedrooms | $2,000 |
| 7 Bedrooms | $2,160 |
| 8 Bedrooms | $2,268 |
U.S. Census Bureau data (2024)
46.7% of residents in ZIP 26361 are renters, indicating a significant demand for rental properties in the area. The Fair Market Rent (FMR) for ZIP 26361 as of metro FY 2026 is set at $910, which represents the benchmark for rental pricing in the region. This figure is crucial for landlords and small-portfolio investors looking to align their rental rates with HUD guidelines.
$82,697 is the median income for households in ZIP 26361, providing insight into the financial capacity of potential tenants. While the median home value and days on market (DOM) are not available, the percentage of homes that have been listed with a price cut is also unknown, suggesting that there might be limited data on the specific challenges faced by homeowners in the area. However, this does not necessarily impact the rental market directly.
The high renter share of 46.7% suggests that many residents prefer renting over buying, making it an attractive area for investment in rental properties. Landlords should ensure that their rental rates do not exceed the $910 FMR to remain competitive and accessible to tenants who may qualify for assistance programs such as Section 8.
To conclude, given the substantial proportion of renters and the defined FMR, ZIP 26361 presents a viable opportunity for those interested in Section 8 housing investments, provided they adhere to the stipulated rental rates.
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.