FMR is near market; voucher and private rents are aligned.
1.02
1 BR
1 BR
1.00ratio
FMR$850
Market$850
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
2 BR
2 BR
1.09ratio
FMR$1,090
Market$1,000
vs market+$90
FMR is near market; voucher and private rents are aligned.
1.09
3 BR
3 BR
1.35ratio
FMR$1,520
Market$1,130
vs market+$390
FMR is above market; underwrite to market rent.
1.35
4 BR
4 BR
1.40ratio
FMR$1,580
Market$1,130
vs market+$450
FMR is above market; underwrite to market rent.
1.40
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 25878 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 25878 (Midway, WV) is $1,090 a month. That is up 0.9% from $1,080 in FY 2026. Midway is in the Raleigh 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 $972. Among 50 ZIP codes in Raleigh County, 25878 is tied for the 4th-highest two-bedroom rent (county range $940–$1,190). The median county two-bedroom FMR in West Virginia is $955, so ZIP 25878 is 14% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 25878
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$810
$840
+3.7%
$756–$924
1BR
$820
$850
+3.7%
$765–$935
2BR
$1,080
$1,090
+0.9%
$981–$1,199
3BR
$1,500
$1,520
+1.3%
$1,368–$1,672
4BR
$1,570
$1,580
+0.6%
$1,422–$1,738
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 25878
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$840
$850
$1,090
$1,520
$1,580
FY 2026
$810
$820
$1,080
$1,500
$1,570
FY 2025
$800
$800
$1,050
$1,450
$1,570
FY 2024
$740
$740
$970
$1,360
$1,480
FY 2023
$680
$680
$840
$1,200
$1,380
Two-bedroom rent in nearby Raleigh County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 25878?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $972, which applies unless the housing authority uses Small Area FMRs, that basic range is $875 to $1,069 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 ZIP 25878 in?
ZIP 25878 is in the Raleigh County, WV HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $972.
How much did fair market rent change in ZIP 25878 for FY 2027?
The two-bedroom FMR rose 0.9%, from $1,080 in FY 2026 to $1,090 in FY 2027. Since FY 2023 it has risen 29.8%.
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