26121

ZIPSAFMR

Wood County, WV

ZIP Investment Score

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$800	$880	0.4%
1 BR	$800	$880	0.4%
2 BR	$980	$1,080	1.0%
3 BR	$1,220	$1,250	-1.8%
4 BR	$1,290	$1,360	-0.5%
5 BR	$1,483	Not available	-0.5%
6 BR	$1,706	Not available	-0.5%
7 BR	$1,962	Not available	-0.5%
8 BR	$2,256	Not available	-0.5%

Purchase Price Calculator

Maximum purchase price

$98,571

Cost breakdown

+Likely effective rent$1,080

HUD FMR$980

Market rent$1,220

Est. payment standard (110%)Used$1,080

-Principal and interest-$498

Loan amount$78,857

Down payment$19,714

Rate6.50%

Term30 years

-Operating costs-$382

Property taxes-$99

Insurance-$175

Utilities$0

HOA$0

Management-$108

=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

+$17,604(89.3% ROI)

Projected value

$106,150

Return breakdown

Property appreciation+$7,579

Loan principal paid down+$2,825

Rental cash flow+$7,200

5-year hold

+$29,991(152.1% ROI)

Projected value

$111,524

Return breakdown

Property appreciation+$12,953

Loan principal paid down+$5,038

Rental cash flow+$12,000

10-year hold

+$63,613(322.7% ROI)

Projected value

$126,179

Return breakdown

Property appreciation+$27,608

Loan principal paid down+$12,005

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

0.78ratio

FMR$800

Market$1,020

vs market-$220

FMR is below market; voucher rent may lag private rents.

0.78

1 BR

0.80ratio

FMR$800

Market$1,000

vs market-$200

FMR is below market; voucher rent may lag private rents.

0.80

2 BR

0.80ratio

FMR$980

Market$1,220

vs market-$240

FMR is below market; voucher rent may lag private rents.

0.80

3 BR

0.96ratio

FMR$1,220

Market$1,270

vs market-$50

FMR is near market; voucher and private rents are aligned.

0.96

4 BR

0.92ratio

FMR$1,290

Market$1,400

vs market-$110

FMR is near market; voucher and private rents are aligned.

0.92

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: --

ZIP 26121 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 26121 (Mineral Wells, WV) is $980 a month. That is up 5.4% from $930 in FY 2026. Mineral Wells is in the Parkersburg-Vienna, WV MSA. 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 $974. Among 18 ZIP codes in Wood County, 26121 is tied for the 9th-highest two-bedroom rent (county range $940–$1,090). The median county two-bedroom FMR in West Virginia is $955, so ZIP 26121 is 3% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 26121
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$740	$800	+8.1%	$720–$880
1BR	$750	$800	+6.7%	$720–$880
2BR	$930	$980	+5.4%	$882–$1,078
3BR	$1,200	$1,220	+1.7%	$1,098–$1,342
4BR	$1,260	$1,290	+2.4%	$1,161–$1,419

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 26121
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$800	$800	$980	$1,220	$1,290
FY 2026	$740	$750	$930	$1,200	$1,260
FY 2025	$780	$780	$940	$1,260	$1,310
FY 2024	$790	$790	$950	$1,290	$1,310
FY 2023	$670	$680	$800	$1,080	$1,140

Two-bedroom rent in nearby Wood County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 26121
26101	$950	−3.1%
26102	$980	0.0%
26103	$980	0.0%
26104	$950	−3.1%
26105	$1,020	+4.1%
26121Current	$980	—
26133	$1,070	+9.2%
26142	$970	−1.0%
26143	$940	−4.1%
26150	$1,020	+4.1%
26161	$940	−4.1%
26164	$1,080	+10.2%

Questions about ZIP 26121 rents

How much will Section 8 pay for a two-bedroom in ZIP 26121?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $974, which applies unless the housing authority uses Small Area FMRs, that basic range is $877 to $1,071 a month; under the ZIP-level Small Area FMR of $980 it would be $882 to $1,078. 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 26121 in?

ZIP 26121 is in the Parkersburg-Vienna, WV MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $974.

How much did fair market rent change in ZIP 26121 for FY 2027?

The two-bedroom FMR rose 5.4%, from $930 in FY 2026 to $980 in FY 2027. Since FY 2023 it has risen 22.5%.

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 Mineral Wells, WV fair market rent WV statewide rents What is SAFMR?Data sources