Location: Harrison County, WV | Metro: Harrison County, WV
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $970 |
| 2 Bedrooms | $1,110 |
| 3 Bedrooms | $1,450 |
| 4 Bedrooms | $1,680 |
| 5 Bedrooms | $1,949 |
| 6 Bedrooms | $2,183 |
| 7 Bedrooms | $2,358 |
| 8 Bedrooms | $2,476 |
U.S. Census Bureau data (2024)
The rental market in ZIP code 26366 presents unique challenges for both renters and landlords due to limited data availability. The median income for households is listed as N/A, which suggests there isn't enough information to provide a reliable figure. Similarly, the market rate for rentals is also marked as N/A, indicating that precise rental price data is not available for this area. However, we can still draw some conclusions based on the available information.
The federal payment standard for housing vouchers in the metro area for fiscal year 2026 is set at $990 per month. Given that the population of ZIP 26366 is only 13 and that the percentage of renters is listed as 0.0%, it becomes evident that the rental market here is extremely constrained. This low number of potential renters and the absence of a significant rental population suggest a highly competitive environment for landlords, where the few available tenants have considerable leverage.
In such a scenario, the affordability gap between the limited median income data and the voucher payment standard of $990 becomes a critical factor. Landlords must consider that if they rely solely on market-rate rents, they might face difficulties attracting and retaining tenants given the sparse rental population and lack of comprehensive income data. On the other hand, accepting housing vouchers at the fixed rate of $990 could ensure steady occupancy but might limit profit margins.
Takeaway for landlords: In ZIP 26366, the decision to accept housing vouchers versus seeking cash-paying tenants should be carefully considered. The scarcity of renters means that landlords may need to offer competitive rates to attract tenants, potentially aligning with the voucher payment standard of $990. This approach could mitigate the risk of vacancy in an area with a very small population and limited rental demand.
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.