Location: Huntington-Ashland, WV | Metro: Huntington-Ashland, WV-KY-OH HUD Metro FMR Area
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 | $860 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,390 |
| 5 Bedrooms | $1,612 |
| 6 Bedrooms | $1,805 |
| 7 Bedrooms | $1,949 |
| 8 Bedrooms | $2,046 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,000 | $121,814 | 0.82% | C |
| 3BR | $1,280 | $175,068 | 0.73% | D |
| 4BR | $1,390 | $244,421 | 0.57% | F |
U.S. Census Bureau data (2024)
The ZIP code 41102 in Kentucky presents a dynamic rental market influenced by several key factors. The Fair Market Rent (FMR) for the area is set at $960 for fiscal year 2024, while the actual market rent, according to Census ACS data, stands at $795. This suggests that the market is slightly below the benchmark set by the government, indicating a balance between affordability and demand.
A critical indicator of market health is the price-cut share, which for ZIP 41102 is a mere 0.2%. This figure implies that very few properties are being discounted, suggesting strong demand relative to supply. Landlords can interpret this as a sign that their properties are likely to remain competitive without the need for significant price reductions.
The median home value in the area is $150,168, reflecting the overall economic conditions and property values. While the Days on Market (DOM) is listed as N/A, it's reasonable to infer that listings are moving quickly given the low price-cut share. This quick turnover supports the notion that demand is robust and potentially outpacing supply.
The 23.7% renter share in ZIP 41102 provides insight into the long-term housing pressures. A higher percentage of renters often correlates with ongoing housing demand, as renters represent a consistent flow of potential tenants. This can be particularly advantageous for landlords and small-portfolio investors looking to capitalize on steady rental income. However, it also indicates a segment of the population that might struggle with homeownership, possibly due to financial constraints or preference for renting.
In summary, ZIP 41102 appears to be a market where demand is robust, evidenced by the low price-cut share and the proximity of market rents to the FMR. The relatively high renter share suggests sustained pressure on the rental market, offering opportunities for landlords and small-portfolio investors to maintain occupancy rates and rental income. However, the lack of detailed DOM data leaves some uncertainty regarding the exact speed of property turnover, which could provide additional clarity on the market's current dynamics.
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.