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25860

ZIPFMR
Raleigh County, WV
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$755$830
1 BR$760$840
2 BR$972$1,060
3 BR$1,346$1,300
4 BR$1,408$1,550
5 BR$1,619Not available
6 BR$1,862Not available
7 BR$2,141Not available
8 BR$2,463Not available

Purchase Price Calculator

Maximum purchase price
$95,599

Cost breakdown

+Likely effective rent$1,060
HUD FMR$972
Market rent$1,110
Est. payment standard (109%)Used$1,060
-Principal and interest-$483
Loan amount$76,479
Down payment$19,120
Rate6.50%
Term30 years
-Operating costs-$377
Property taxes-$96
Insurance-$175
Utilities$0
HOA$0
Management-$106
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,291(90.4% ROI)
Projected value
$102,950
Return breakdown
Property appreciation+$7,351
Loan principal paid down+$2,740
Rental cash flow+$7,200
5-year hold
+$29,449(154.0% ROI)
Projected value
$108,162
Return breakdown
Property appreciation+$12,563
Loan principal paid down+$4,886
Rental cash flow+$12,000
10-year hold
+$62,419(326.5% ROI)
Projected value
$122,375
Return breakdown
Property appreciation+$26,776
Loan principal paid down+$11,643
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.66
1 BR
0.69
2 BR
0.88
3 BR
1.04
4 BR
0.82
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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ZIP 25860 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 25860 (Lanark, WV) is $972 a month. That is up 3.0% from $944 in FY 2026. Lanark is in the Raleigh County, WV HUD Metro FMR Area. The median county two-bedroom FMR in West Virginia is $955, so ZIP 25860 is 2% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 25860
BedroomsFY 2027Change90–110% range
Studio$755+5.6%$680–$831
1BR$760+5.7%$684–$836
2BR$972+3.0%$875–$1,069
3BR$1,346+2.5%$1,211–$1,481
4BR$1,408+2.3%$1,267–$1,549

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 25860
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$755$760$972$1,346$1,408
FY 2026$715$719$944$1,313$1,377
FY 2025$709$713$936$1,286$1,394
FY 2024$707$711$925$1,304$1,421
FY 2023$663$667$824$1,171$1,344

Questions about ZIP 25860 rents

How much will Section 8 pay for a two-bedroom in ZIP 25860?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $972, that basic range is $875 to $1,069 a month. 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 25860 in?

ZIP 25860 is in the Raleigh County, WV HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.

How much did fair market rent change in ZIP 25860 for FY 2027?

The two-bedroom FMR rose 3.0%, from $944 in FY 2026 to $972 in FY 2027. Since FY 2023 it has risen 18.0%.

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 Fair Market Rents. 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