Location: Harrison County, WV | Metro: Harrison County, WV
| Unit Size | Monthly FMR |
|---|---|
| Studio | $720 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $940 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,440 |
| 5 Bedrooms | $1,670 |
| 6 Bedrooms | $1,870 |
| 7 Bedrooms | $2,020 |
| 8 Bedrooms | $2,121 |
U.S. Census Bureau data (2024)
ZIP code 26422 is a small market with a population of 94 individuals. Despite the small size, 14.0% of the residents are renters, indicating a modest but present rental demand. The median household income is not available, which complicates a direct comparison to the Fair Market Rent (FMR) of $870 set for the metro area in fiscal year 2026.
The lack of specific income data means that we cannot precisely calculate the percentage of local income that goes toward rent. However, given the FMR benchmark of $870, landlords can infer that rents should be set below or at this level to attract tenants who rely on Section 8 vouchers. This figure serves as an upper limit for affordable housing in the region.
In terms of the type of tenant profile a landlord might expect, the scarcity of homeownership suggests that there is likely a segment of the population that requires assistance through housing vouchers. Landlords in this ZIP should anticipate a mix of tenants who are either fully dependent on Section 8 vouchers or those who use them to supplement their own income. Given the low population, competition among landlords for these tenants could be intense, necessitating attention to property quality and compliance with housing standards.
To conclude, while ZIP 26422 has a limited number of potential renters, the presence of a 14.0% rental rate indicates a niche market for Section 8 vouchers. The absence of detailed income data means landlords must rely on the FMR as a guideline for setting competitive and affordable rental rates. Expect tenants who are seeking stable housing options within their budget constraints, often requiring thorough documentation and adherence to federal guidelines.
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.