Location: Wheeling, WV | Metro: Weirton-Steubenville, WV-OH MSA
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 | $760 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,510 |
| 5 Bedrooms | $1,752 |
| 6 Bedrooms | $1,962 |
| 7 Bedrooms | $2,119 |
| 8 Bedrooms | $2,225 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,010 | $66,645 | 1.52% | A+ |
| 3BR | $1,300 | $137,917 | 0.94% | C |
| 4BR | $1,510 | $153,812 | 0.98% | C |
U.S. Census Bureau data (2024)
The ZIP code 43917, located in Dillonvale, OH, presents an interesting mix of yield and stability characteristics that landlords and small-portfolio investors should consider. The Fair Market Rent (FMR) for the fiscal year 2024 is set at $860, which is slightly above the market rent of $840. This suggests a modest opportunity for higher yields compared to the general market conditions.
However, the median home value of $88,997 indicates a relatively affordable area, which can be advantageous for those looking to enter the market with lower capital requirements. This figure also implies that there might be a limit to how much rental income can be increased due to the overall price sensitivity in the area.
On the stability front, only 11.4% of residents are classified as renters, which is a low percentage and could indicate less demand for rental properties. Additionally, the lack of data on the average days on market (DOM) suggests that it might be challenging to quickly turn over properties, potentially affecting cash flow stability.
The median household income of $59,280 provides some insight into the economic conditions of the area. While this figure is not exceptionally high, it does suggest that tenants might have a stable income source to pay rent consistently. However, the relatively low percentage of renters and median income level point towards a less volatile but also less lucrative market for rental investments.
In conclusion, ZIP 43917 leans more towards being a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The slightly higher FMR compared to market rent and the presence of affordable home values support a moderate yield potential. Meanwhile, the low percentage of renters and limited turnover data imply a market that is less prone to rapid fluctuations, making it suitable for investors seeking consistent, though not extraordinarily high, returns.
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.