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Lorentz, WV

CityFMR
Upshur County
Found 1 ZIP
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City Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$745$745
1 BR$759$759
2 BR$993$993
3 BR$1,271$1,271
4 BR$1,660$1,660
5 BR$1,909Not available
6 BR$2,195Not available
7 BR$2,525Not available
8 BR$2,903Not available

Purchase Price Calculator

Maximum purchase price
$85,643

Cost breakdown

+Likely effective rent$993
HUD FMRUsed$993
Market rentN/A
Est. payment standardN/A
-Principal and interest-$433
Loan amount$68,514
Down payment$17,129
Rate6.50%
Term30 years
-Operating costs-$360
Property taxes-$86
Insurance-$175
Utilities$0
HOA$0
Management-$99
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,240(94.8% ROI)
Projected value
$92,228
Return breakdown
Property appreciation+$6,585
Loan principal paid down+$2,455
Rental cash flow+$7,200
5-year hold
+$27,632(161.3% ROI)
Projected value
$96,897
Return breakdown
Property appreciation+$11,254
Loan principal paid down+$4,377
Rental cash flow+$12,000
10-year hold
+$58,418(341.1% ROI)
Projected value
$109,630
Return breakdown
Property appreciation+$23,987
Loan principal paid down+$10,431
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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Lorentz, WV fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in Lorentz, WV is $993 a month. That is up 3.3% from $961 in FY 2026. Lorentz is in the Upshur County, WV non-metropolitan FMR area. One county-wide FMR applies to every ZIP code in it. The median county two-bedroom FMR in West Virginia is $955, so Lorentz is 4% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Lorentz, WV
BedroomsFY 2027Change90–110% range
Studio$745+2.3%$671–$820
1BR$759+3.7%$683–$835
2BR$993+3.3%$894–$1,092
3BR$1,271+5.5%$1,144–$1,398
4BR$1,660+3.0%$1,494–$1,826

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Lorentz, WV
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$745$759$993$1,271$1,660
FY 2026$728$732$961$1,205$1,612
FY 2025$717$722$947$1,162$1,548
FY 2024$703$708$924$1,156$1,403
FY 2023$629$633$806$1,004$1,232

Questions about Lorentz, WV rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $993, that basic range is $894 to $1,092 a month. 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 Lorentz, WV in?

Lorentz, WV is in the Upshur County, WV non-metropolitan FMR area.

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

The two-bedroom FMR rose 3.3%, from $961 in FY 2026 to $993 in FY 2027. Since FY 2023 it has risen 23.2%.

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 Fair Market Rents. 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