Location: Pendleton County, WV | Metro: Pendleton 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 | $710 |
| 1 Bedroom | $760 |
| 2 Bedrooms | $940 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,260 |
| 5 Bedrooms | $1,462 |
| 6 Bedrooms | $1,637 |
| 7 Bedrooms | $1,768 |
| 8 Bedrooms | $1,856 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,250 | $245,925 | 0.51% | F |
U.S. Census Bureau data (2024)
The ZIP code 26884 stands out in its county due to a unique mix of low population density and relatively high median income and home values. With only 204 residents, it represents a sparsely populated area where 19.3% of the population rents their homes. The median income in ZIP 26884 is $71,615, which is significantly higher than the national average. Additionally, the median home value of $220,409 indicates a stable housing market with properties that are generally more expensive.
In terms of Section 8 voucher economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $870. However, there is no available data on the local market rent for this specific ZIP code, making direct comparisons challenging. The absence of market rent data suggests that the area might have limited rental options, which could impact the availability and use of Section 8 vouchers among tenants.
The data signature for ZIP 26884 reads as "stable." Despite the low population count, the high median income and home values suggest a community that is financially secure and likely to remain so. This stability is beneficial for landlords and small-portfolio investors as it implies a consistent demand for housing and a lower risk of economic downturns affecting property values and tenant reliability.
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.