Location: Braxton County, WV | Metro: Braxton County, WV
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $720 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $960 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,490 |
| 5 Bedrooms | $1,728 |
| 6 Bedrooms | $1,935 |
| 7 Bedrooms | $2,090 |
| 8 Bedrooms | $2,195 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $960 | $155,394 | 0.62% | D |
| 3BR | $1,330 | $192,715 | 0.69% | D |
U.S. Census Bureau data (2024)
With a Fair Market Rent (FMR) of $880 for ZIP 26623 (Frametown, WV) in metro FY 2026, landlords can expect to receive a fixed payment that covers the majority of their rental properties' costs. The median home value stands at $167,573, indicating a relatively stable housing market where property values have not fluctuated dramatically. At 0.0% renter share, it's clear that Frametown has a very low proportion of renters compared to homeowners, suggesting that the demand for rental properties might be limited. However, the median income of $60,761 provides insight into the financial capacity of potential tenants, which is crucial for determining affordability. Despite the lack of specific data on days on market (DOM) and the percentage of price-cut share, these figures being marked as N/A could imply a quiet market with few transactions, making it difficult to gauge typical listing durations or pricing adjustments.
The absence of market rent data also points to a lack of active rental listings, which could be due to the low renter share or other factors such as high owner occupancy rates. This scenario presents a unique challenge for investors looking to enter the rental market, as they must rely heavily on the Section 8 program to ensure steady income. Given the stable FMR and median home value, coupled with the low competition from other rental properties, the Section 8 program becomes a reliable source of income for landlords in Frametown.
To summarize, with an FMR of $880 and a median home value of $167,573, Frametown offers a predictable investment environment. The median income of $60,761 supports the feasibility of the Section 8 program, ensuring that tenants can afford the rents. Although the market lacks liquidity as indicated by the N/A DOM and price-cut share, the low renter share means that rental properties will likely be occupied by those who qualify for the Section 8 program, providing a consistent cash flow.
Verdict: Suitable for Section 8 investments given the stable FMR and low competition in the rental market.Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.