Section 8 Fair Market Rent (FMR) for ZIP 41143 - 2027

Location: Huntington-Ashland, WV | Metro: Carter County, KY HUD Metro FMR Area

Investment Score for ZIP 41143

Monthly Rent (2BR)

$1,000

Median Price (2BR)

$117,774

1% Rule

0.85%

Annual Yield

10.19%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$820
1 Bedroom	$830
2 Bedrooms	$1,000
3 Bedrooms	$1,370
4 Bedrooms	$1,420
5 Bedrooms	$1,647
6 Bedrooms	$1,845
7 Bedrooms	$1,993
8 Bedrooms	$2,093

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
2BR	$1,000	$117,774	0.85%	C
3BR	$1,370	$169,743	0.81%	C
4BR	$1,420	$231,271	0.61%	D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

13,242

Median Household Income

$49,257

Housing Units

6,023

Renter Percentage

24.6%

Occupancy Rate

89.5%

Renter Occupied

1,325

The ZIP code 41143, located in Grayson, KY, offers a unique blend of rural charm and economic stability, making it an intriguing market for real estate investors. This region is characterized by a modest cost of living and a strong presence of rental properties, which aligns well with the needs of potential tenants.

The Fair Market Rent (FMR) for ZIP 41143 in fiscal year 2024 is set at $860, providing a benchmark for rental pricing in the area.
The average market rent, according to the Census ACS, stands at $748, indicating that the actual rental rates are slightly below the FMR, suggesting a balanced market.
The median home value in the area is $175,038, reflecting the affordability of both rental and owner-occupied housing.
Renters make up 24.6% of the population, showing a significant demand for rental properties and highlighting the importance of maintaining a diverse portfolio.
The median household income is $49,257, which is crucial for understanding the financial capacity of potential renters and homeowners.

Investors looking to enter the Grayson, KY market should note the alignment between the FMR and actual market rents, indicating a stable and predictable environment. The median home value suggests a relatively low barrier to entry for purchasing properties, while the renter share highlights a solid demand for rentals. With a median income that supports rental payments at the current market rate, there's a clear opportunity for steady cash flow and property appreciation over time. However, the absence of data on days on market (DOM) means investors must be cautious about the speed of property turnover and adjust their investment strategies accordingly.

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.