FMR is below market; voucher rent may lag private rents.
0.89
1 BR
1 BR
0.92ratio
FMR$850
Market$920
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.92
2 BR
2 BR
1.14ratio
FMR$1,050
Market$920
vs market+$130
FMR is above market; underwrite to market rent.
1.14
3 BR
3 BR
1.19ratio
FMR$1,330
Market$1,120
vs market+$210
FMR is above market; underwrite to market rent.
1.19
4 BR
4 BR
1.14ratio
FMR$1,380
Market$1,210
vs market+$170
FMR is above market; underwrite to market rent.
1.14
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 25332 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 25332 (Charleston, WV) is $1,050 a month. That is up 1.0% from $1,040 in FY 2026. Charleston 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, 25332 is tied for the 15th-highest two-bedroom rent (county range $940–$1,450). The median county two-bedroom FMR in West Virginia is $955, so ZIP 25332 is 10% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 25332
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$720
$730
+1.4%
$657–$803
1BR
$830
$850
+2.4%
$765–$935
2BR
$1,040
$1,050
+1.0%
$945–$1,155
3BR
$1,330
$1,330
0.0%
$1,197–$1,463
4BR
$1,380
$1,380
0.0%
$1,242–$1,518
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 25332
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$730
$850
$1,050
$1,330
$1,380
FY 2026
$720
$830
$1,040
$1,330
$1,380
FY 2025
$730
$860
$1,060
$1,360
$1,410
FY 2024
$690
$820
$1,000
$1,310
$1,330
FY 2023
$650
$760
$910
$1,190
$1,250
Questions about ZIP 25332 rents
How much will Section 8 pay for a two-bedroom in ZIP 25332?
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 $1,050 it would be $945 to $1,155. 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 25332 in?
ZIP 25332 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 25332 for FY 2027?
The two-bedroom FMR rose 1.0%, from $1,040 in FY 2026 to $1,050 in FY 2027. Since FY 2023 it has risen 15.4%.
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