FMR is near market; voucher and private rents are aligned.
0.98
2 BR
2 BR- 25569
1.05ratio
FMR$1,090
Market$1,040
vs market+$50
FMR is near market; voucher and private rents are aligned.
1.05
3 BR
3 BR- 25569
1.36ratio
FMR$1,500
Market$1,100
vs market+$400
FMR is above market; underwrite to market rent.
1.36
4 BR
4 BR- 25569
1.26ratio
FMR$1,540
Market$1,220
vs market+$320
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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Teays, WV fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Teays, WV is $1,090 a month. That is up 3.8% from $1,050 in FY 2026. Teays is in the Putnam County, WV 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 $1,091. The median county two-bedroom FMR in West Virginia is $955, so Teays is 14% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Teays, WV
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$790
$830
+5.1%
$747–$913
1BR
$800
$830
+3.8%
$747–$913
2BR
$1,050
$1,090
+3.8%
$981–$1,199
3BR
$1,460
$1,500
+2.7%
$1,350–$1,650
4BR
$1,590
$1,540
−3.1%
$1,386–$1,694
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Teays, WV
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$830
$830
$1,090
$1,500
$1,540
FY 2026
$790
$800
$1,050
$1,460
$1,590
FY 2025
$840
$850
$1,110
$1,520
$1,760
FY 2024
$820
$830
$1,060
$1,470
$1,680
FY 2023
$770
$780
$1,000
$1,330
$1,550
Questions about Teays, WV rents
How much will Section 8 pay for a two-bedroom in Teays, WV?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,091, which applies unless the housing authority uses Small Area FMRs, that basic range is $982 to $1,200 a month; under the ZIP-level Small Area FMR of $1,090 it would be $981 to $1,199. 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 Teays, WV in?
Teays, WV is in the Putnam County, WV HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,091.
How much did fair market rent change in Teays, WV for FY 2027?
The two-bedroom FMR rose 3.8%, from $1,050 in FY 2026 to $1,090 in FY 2027. Since FY 2023 it has risen 9.0%.
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