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Hepzibah, WV

CitySAFMR
Harrison County
Found 1 ZIP

City Median Investment Score

130High yield potential

095130300
BRFMR
Eff. Rent
0 BR$770$800
1 BR$890$940
2 BR$1,010$980
3 BR$1,330$1,340
4 BR$1,540$1,370
5 BR$1,771Not available
6 BR$2,037Not available
7 BR$2,342Not available
8 BR$2,693Not available

Purchase Price Calculator

Maximum purchase price
$83,711

Cost breakdown

+Likely effective rent$980
HUD FMR$1,010
Market rentUsed$980
Est. payment standard (98%)$990
-Principal and interest-$423
Loan amount$66,969
Down payment$16,742
Rate6.50%
Term30 years
-Operating costs-$357
Property taxes-$84
Insurance-$175
Utilities$0
HOA$0
Management-$98
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,036(95.8% ROI)
Projected value
$90,148
Return breakdown
Property appreciation+$6,437
Loan principal paid down+$2,399
Rental cash flow+$7,200
5-year hold
+$27,279(162.9% ROI)
Projected value
$94,711
Return breakdown
Property appreciation+$11,000
Loan principal paid down+$4,279
Rental cash flow+$12,000
10-year hold
+$57,641(344.3% ROI)
Projected value
$107,157
Return breakdown
Property appreciation+$23,446
Loan principal paid down+$10,195
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.95
1 BR
0.92
2 BR
1.03
3 BR
0.99
4 BR
1.12
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Hepzibah, WV fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Hepzibah, WV is $1,010 a month. That is down 4.7% from $1,060 in FY 2026. Hepzibah is in the Harrison County, WV non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $1,005. The median county two-bedroom FMR in West Virginia is $955, so Hepzibah is 6% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Hepzibah, WV
BedroomsFY 2027Change90–110% range
Studio$770−9.4%$693–$847
1BR$890−5.3%$801–$979
2BR$1,010−4.7%$909–$1,111
3BR$1,330−5.0%$1,197–$1,463
4BR$1,540−5.5%$1,386–$1,694

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Hepzibah, WV
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$770$890$1,010$1,330$1,540
FY 2026$850$940$1,060$1,400$1,630
FY 2025$880$950$1,050$1,390$1,680
FY 2024area FMR$815$836$961$1,268$1,537
FY 2023area FMR$668$672$811$1,055$1,238

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about Hepzibah, WV rents

How much will Section 8 pay for a two-bedroom in Hepzibah, WV?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,005, which applies unless the housing authority uses Small Area FMRs, that basic range is $905 to $1,106 a month; under the ZIP-level Small Area FMR of $1,010 it would be $909 to $1,111. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Hepzibah, WV in?

Hepzibah, WV is in the Harrison County, WV non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,005.

How much did fair market rent change in Hepzibah, WV for FY 2027?

The two-bedroom FMR fell 4.7%, from $1,060 in FY 2026 to $1,010 in FY 2027. Since FY 2025 it has fallen 3.8%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set