Section 8 Fair Market Rent (FMR) for ZIP 26631 - 2027

Location: Braxton County, WV | Metro: Braxton County, WV

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$720
1 Bedroom$800
2 Bedrooms$960
3 Bedrooms$1,310
4 Bedrooms$1,420
5 Bedrooms$1,647
6 Bedrooms$1,845
7 Bedrooms$1,993
8 Bedrooms$2,093

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
214
Median Household Income
$N/A
Housing Units
203
Renter Percentage
19.6%
Occupancy Rate
47.8%
Renter Occupied
19
Based on the available data, ZIP 26631, located in Braxton County, WV, can be best described as a cash-flow anchor within a Section 8 portfolio strategy. This classification is supported by the significant spread between the Fair Market Rent (FMR) for the metro area in fiscal year 2026, which is set at $920, and the actual median home value of $138,445. Given the median rent in Braxton County is $578, landlords can expect a steady and reliable stream of rental income from tenants participating in the Section 8 program.

The median income in Braxton County is $44,449, indicating that many residents rely on government assistance for housing. Therefore, the demand for affordable rentals is likely to remain consistent. The median home value of $138,445 suggests that properties in this area are relatively inexpensive compared to other regions, making it easier for landlords to acquire properties without a significant upfront investment.

While the data does not provide specific figures for appreciation or diversification, the consistent rental income and the lower cost of acquiring properties make ZIP 26631 a solid choice for anchoring a Section 8 portfolio. Landlords can expect a stable cash flow with minimal risk of vacancy, as the rental market appears to be well-supported by the local economy and government programs.

Note: The analysis is based on the most recent data available, which may not fully reflect the conditions in ZIP 26631 for fiscal year 2026. However, given the historical stability of the area and the ongoing support for affordable housing, it remains a prudent choice for a cash-flow anchor.

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.