FMR is near market; voucher and private rents are aligned.
1.01
1 BR
1 BR- 25541
1.00ratio
FMR$1,000
Market$1,000
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
2 BR
2 BR- 25541
1.03ratio
FMR$1,160
Market$1,130
vs market+$30
FMR is near market; voucher and private rents are aligned.
1.03
3 BR
3 BR- 25541
1.21ratio
FMR$1,480
Market$1,220
vs market+$260
FMR is above market; underwrite to market rent.
1.21
4 BR
4 BR- 25541
1.26ratio
FMR$1,600
Market$1,270
vs market+$330
FMR is above market; underwrite to market rent.
1.26
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Milton, WV fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Milton, WV is $1,160 a month. That is up 16.0% from $1,000 in FY 2026. Milton is in the Huntington-Ashland, WV-KY-OH HUD Metro 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 metro-wide two-bedroom FMR of $1,006. The median county two-bedroom FMR in West Virginia is $955, so Milton is 21% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Milton, WV
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$860
$970
+12.8%
$873–$1,067
1BR
$880
$1,000
+13.6%
$900–$1,100
2BR
$1,000
$1,160
+16.0%
$1,044–$1,276
3BR
$1,370
$1,480
+8.0%
$1,332–$1,628
4BR
$1,580
$1,600
+1.3%
$1,440–$1,760
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Milton, WV
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$970
$1,000
$1,160
$1,480
$1,600
FY 2026
$860
$880
$1,000
$1,370
$1,580
FY 2025
$870
$890
$1,010
$1,330
$1,520
FY 2024
$810
$830
$960
$1,270
$1,460
FY 2023
$660
$720
$850
$1,130
$1,310
Questions about Milton, WV rents
How much will Section 8 pay for a two-bedroom in Milton, WV?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,006, which applies unless the housing authority uses Small Area FMRs, that basic range is $905 to $1,107 a month; under the ZIP-level Small Area FMR of $1,160 it would be $1,044 to $1,276. 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 Milton, WV in?
Milton, WV is in the Huntington-Ashland, WV-KY-OH HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,006.
How much did fair market rent change in Milton, WV for FY 2027?
The two-bedroom FMR rose 16.0%, from $1,000 in FY 2026 to $1,160 in FY 2027. Since FY 2023 it has risen 36.5%.
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