FMR is near market; voucher and private rents are aligned.
1.04
1 BR
1 BR- 26155
1.15ratio
FMR$840
Market$730
vs market+$110
FMR is above market; underwrite to market rent.
1.15
2 BR
2 BR- 26155
1.25ratio
FMR$1,000
Market$800
vs market+$200
FMR is above market; underwrite to market rent.
1.25
3 BR
3 BR- 26155
1.31ratio
FMR$1,310
Market$1,000
vs market+$310
FMR is above market; underwrite to market rent.
1.31
4 BR
4 BR- 26155
1.33ratio
FMR$1,360
Market$1,020
vs market+$340
FMR is above market; underwrite to market rent.
1.33
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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New Martinsville, WV fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in New Martinsville, WV is $1,000 a month. That is up 3.1% from $970 in FY 2026. New Martinsville is in the Wetzel 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 $944. The median county two-bedroom FMR in West Virginia is $955, so New Martinsville is 5% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for New Martinsville, WV
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$740
$750
+1.4%
$675–$825
1BR
$740
$840
+13.5%
$756–$924
2BR
$970
$1,000
+3.1%
$900–$1,100
3BR
$1,250
$1,310
+4.8%
$1,179–$1,441
4BR
$1,290
$1,360
+5.4%
$1,224–$1,496
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for New Martinsville, WV
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$750
$840
$1,000
$1,310
$1,360
FY 2026
$740
$740
$970
$1,250
$1,290
FY 2025
$720
$720
$950
$1,150
$1,260
FY 2024
$600
$710
$890
$1,160
$1,320
FY 2023
$620
$710
$910
$1,180
$1,350
Questions about New Martinsville, WV rents
How much will Section 8 pay for a two-bedroom in New Martinsville, WV?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $944, which applies unless the housing authority uses Small Area FMRs, that basic range is $850 to $1,038 a month; under the ZIP-level Small Area FMR of $1,000 it would be $900 to $1,100. 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 New Martinsville, WV in?
New Martinsville, WV is in the Wetzel County, WV non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $944.
How much did fair market rent change in New Martinsville, WV for FY 2027?
The two-bedroom FMR rose 3.1%, from $970 in FY 2026 to $1,000 in FY 2027. Since FY 2023 it has risen 9.9%.
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