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WV/Marion County/COLFAX

COLFAX, WV

CityFMR
Marion County
Found 1 ZIP
Zillow
BRFMR
Eff. Rent
0 BR$742▼$820
1 BR$838▲$920
2 BR$1,007▼$1,110
3 BR$1,235▲$1,280
4 BR$1,624▲$1,380
5 BR$1,868▲—
6 BR$2,148▲—
7 BR$2,470▲—
8 BR$2,840▲—

Purchase Price Calculator

Maximum purchase price
$103,029

Cost breakdown

+Likely effective rent$1,110
HUD FMR$1,007
Market rent$1,200
Est. payment standard (110%)Used$1,110
Estimated payment standard is $1,110 (110% of FMR).
-Principal and interest-$521
Loan amount$82,423
Down payment$20,606
Rate6.50%
Term30 years
-Operating costs-$389
Property taxes-$103
Insurance-$175
Utilities$0
HOA$0
Management-$111
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,075(87.7% ROI)
Projected value
$110,951
Current value$103,029
Return breakdown
Property appreciation+$7,922
Loan principal paid down+$2,953
Rental cash flow+$7,200
5-year hold
+$30,805(149.5% ROI)
Projected value
$116,568
Current value$103,029
Return breakdown
Property appreciation+$13,539
Loan principal paid down+$5,266
Rental cash flow+$12,000
10-year hold
+$65,405(317.4% ROI)
Projected value
$131,886
Current value$103,029
Return breakdown
Property appreciation+$28,857
Loan principal paid down+$12,548
Rental cash flow+$24,000

Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 26566
0.79ratio
FMR$742
Market$940
vs market-$198

FMR is below market; voucher rent may lag private rents.

90% standard$668 / 0.71 ratio110% standard$816 / 0.87 ratio
0.79
1 BR
1 BR- 26566
0.85ratio
FMR$838
Market$990
vs market-$152

FMR is below market; voucher rent may lag private rents.

90% standard$754 / 0.76 ratio110% standard$922 / 0.93 ratio
0.85
2 BR
2 BR- 26566
0.84ratio
FMR$1,007
Market$1,200
vs market-$193

FMR is below market; voucher rent may lag private rents.

90% standard$906 / 0.76 ratio110% standard$1,108 / 0.92 ratio
0.84
3 BR
3 BR- 26566
0.94ratio
FMR$1,235
Market$1,310
vs market-$75

FMR is near market; voucher and private rents are aligned.

90% standard$1,112 / 0.85 ratio110% standard$1,359 / 1.04 ratio
0.94
4 BR
4 BR- 26566
1.18ratio
FMR$1,624
Market$1,380
vs market+$244

FMR is above market; underwrite to market rent.

90% standard$1,462 / 1.06 ratio110% standard$1,786 / 1.29 ratio
1.18
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for COLFAX, WV (WV) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled FMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

What is FMR?What is SAFMR?Data sourcesIncomplete geosView county page
Related ZIPs
26566

COLFAX, WV fair market rent benchmarks

The FY 2026 HUD Fair Market Rent (FMR) page for COLFAX, WV shows monthly rent benchmarks by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,007 and the 4 bedroom fair market rent is $1,624.

Use these values to compare bedroom-size rent benchmarks and screen a property's rent assumptions. Local housing authorities set voucher payment standards, which may be above or below published HUD FMR, so confirm the applicable authority and current schedule before underwriting a property. Read the FMR and payment-standard guide for the full verification workflow.

FY 2026 Fair Market Rent by bedroom size for COLFAX, WV
Bedroom sizeHUD FMR
Studio$742
1 bedroom$838
2 bedroom$1,007
3 bedroom$1,235
4 bedroom$1,624
Marion County fair market rent26566 FMR