Location: Taylor County, WV | Metro: Taylor County, WV
| Unit Size | Monthly FMR |
|---|---|
| Studio | $830 |
| 1 Bedroom | $950 |
| 2 Bedrooms | $1,180 |
| 3 Bedrooms | $1,510 |
| 4 Bedrooms | $1,610 |
| 5 Bedrooms | $1,868 |
| 6 Bedrooms | $2,092 |
| 7 Bedrooms | $2,259 |
| 8 Bedrooms | $2,372 |
U.S. Census Bureau data (2024)
The Section 8 program in ZIP code 26435 offers a straightforward path for landlords and small-portfolio investors looking to enter the subsidized housing market. The Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $1,000. This figure represents the payment standard that the government will use to reimburse tenants' rent, which is based on the median rent for a given area. It's important to note that this is not the actual rent you would charge your tenant.
To contextualize the $1,000 FMR, it's necessary to compare it against local rental rates. However, specific local rent figures for ZIP 26435 are currently not available, indicated by N/A. This lack of data can make it challenging to assess the competitive landscape directly, but the absence of local rental rates does not necessarily mean there is low demand for affordable housing. In fact, the 0.0% renter share suggests that virtually all potential renters in this area might be seeking some form of assistance to cover their housing costs, indicating a high demand for Section 8 rentals.
The acquisition cost for properties in this ZIP code, also marked as N/A, would typically help you understand how much you might expect to pay for a property. Without this information, it's advisable to consult local real estate agents or review recent property sales to get an accurate sense of the market value for homes in this area.
A key verification step before committing to a Section 8 rental in ZIP 26435 is to ensure that the property meets the Housing Quality Standards (HQS). These standards are set by the U.S. Department of Housing and Urban Development (HUD) and are mandatory for all Section 8 properties. They cover a range of criteria including safety, structural soundness, and basic amenities. A thorough inspection by a HUD-approved inspector will confirm whether your property is ready for the program without the need for costly renovations.
In summary, the $1,000 FMR for fiscal year 2026 provides a benchmark for the reimbursement rate you can expect from the government. Given the high demand for assisted housing and the unavailability of local rental data, it's crucial to focus on ensuring your property meets HQS requirements. This will minimize any unexpected costs and maximize your chances of successfully renting to a Section 8 participant.
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.