25169

ZIPSAFMR

Boone County, WV

ZIP Investment Score

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$660	$660	2.1%
1 BR	$720	$720	-1.8%
2 BR	$940	$940	3.4%
3 BR	$1,260	$1,260	1.6%
4 BR	$1,590	$1,590	3.4%
5 BR	$1,828	Not available	3.3%
6 BR	$2,103	Not available	3.4%
7 BR	$2,418	Not available	3.4%
8 BR	$2,781	Not available	3.4%

Purchase Price Calculator

Maximum purchase price

$77,767

Cost breakdown

+Likely effective rent$940

HUD FMRUsed$940

Market rentN/A

Est. payment standardN/A

-Principal and interest-$393

Loan amount$62,214

Down payment$15,553

Rate6.50%

Term30 years

-Operating costs-$347

Property taxes-$78

Insurance-$175

Utilities$0

HOA$0

Management-$94

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$15,409(99.1% ROI)

Projected value

$83,747

Return breakdown

Property appreciation+$5,980

Loan principal paid down+$2,229

Rental cash flow+$7,200

5-year hold

+$26,194(168.4% ROI)

Projected value

$87,986

Return breakdown

Property appreciation+$10,219

Loan principal paid down+$3,975

Rental cash flow+$12,000

10-year hold

+$55,253(355.2% ROI)

Projected value

$99,548

Return breakdown

Property appreciation+$21,781

Loan principal paid down+$9,471

Rental cash flow+$24,000

Public Housing Authority

Rolodex

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: --
Tax rate: --
Mortgage rate: --

ZIP 25169 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 25169 (Ridgeview, WV) is $940 a month. That is up 8.0% from $870 in FY 2026. Ridgeview is in the Boone 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 $944. Among 31 ZIP codes in Boone County, 25169 is tied for the 7th-highest two-bedroom rent (county range $940–$1,040). The median county two-bedroom FMR in West Virginia is $955, so ZIP 25169 is 2% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 25169
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$670	$660	−1.5%	$594–$726
1BR	$670	$720	+7.5%	$648–$792
2BR	$870	$940	+8.0%	$846–$1,034
3BR	$1,200	$1,260	+5.0%	$1,134–$1,386
4BR	$1,460	$1,590	+8.9%	$1,431–$1,749

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 25169
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$660	$720	$940	$1,260	$1,590
FY 2026	$670	$670	$870	$1,200	$1,460
FY 2025	$590	$710	$850	$1,180	$1,430
FY 2024	$620	$760	$850	$1,200	$1,440
FY 2023	$550	$660	$750	$1,060	$1,280

Two-bedroom rent in nearby Boone County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 25169
25142	$940	0.0%
25148	$940	0.0%
25149	$940	0.0%
25154	$940	0.0%
25165	$940	0.0%
25169Current	$940	—
25181	$940	0.0%
25193	$940	0.0%
25203	$1,000	+6.4%
25204	$940	0.0%
25205	$1,030	+9.6%
25206	$940	0.0%

Questions about ZIP 25169 rents

How much will Section 8 pay for a two-bedroom in ZIP 25169?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-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 $940 it would be $846 to $1,034. 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 25169 in?

ZIP 25169 is in the Boone County, WV HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $944.

How much did fair market rent change in ZIP 25169 for FY 2027?

The two-bedroom FMR rose 8.0%, from $870 in FY 2026 to $940 in FY 2027. Since FY 2023 it has risen 25.3%.

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

County fair market rent Ridgeview, WV fair market rent WV statewide rents What is SAFMR?Data sources