FMR is near market; voucher and private rents are aligned.
1.00
1 BR
1 BR
1.12ratio
FMR$860
Market$770
vs market+$90
FMR is above market; underwrite to market rent.
1.12
2 BR
2 BR
1.14ratio
FMR$1,070
Market$940
vs market+$130
FMR is above market; underwrite to market rent.
1.14
3 BR
3 BR
0.99ratio
FMR$1,350
Market$1,360
vs market-$10
FMR is near market; voucher and private rents are aligned.
0.99
4 BR
4 BR
0.98ratio
FMR$1,410
Market$1,440
vs market-$30
FMR is near market; voucher and private rents are aligned.
0.98
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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ZIP 25112 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 25112 (Institute, WV) is $1,070 a month. That is unchanged from FY 2026. Institute is in the Charleston, 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 $1,048. Among 75 ZIP codes in Kanawha County, 25112 is tied for the 10th-highest two-bedroom rent (county range $940–$1,450). The median county two-bedroom FMR in West Virginia is $955, so ZIP 25112 is 12% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 25112
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$740
$750
+1.4%
$675–$825
1BR
$860
$860
0.0%
$774–$946
2BR
$1,070
$1,070
0.0%
$963–$1,177
3BR
$1,370
$1,350
−1.5%
$1,215–$1,485
4BR
$1,420
$1,410
−0.7%
$1,269–$1,551
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 25112
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$750
$860
$1,070
$1,350
$1,410
FY 2026
$740
$860
$1,070
$1,370
$1,420
FY 2025
$770
$910
$1,120
$1,440
$1,480
FY 2024
$740
$880
$1,070
$1,400
$1,430
FY 2023
$650
$760
$910
$1,190
$1,250
Two-bedroom rent in nearby Kanawha County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 25112?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,048, which applies unless the housing authority uses Small Area FMRs, that basic range is $943 to $1,153 a month; under the ZIP-level Small Area FMR of $1,070 it would be $963 to $1,177. 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 ZIP 25112 in?
ZIP 25112 is in the Charleston, WV HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,048.
How much did fair market rent change in ZIP 25112 for FY 2027?
The two-bedroom FMR was unchanged at $1,070 in FY 2027. Since FY 2023 it has risen 17.6%.
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