Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 26229 fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 26229 (Lorentz, WV) is $993 a month. That is up 3.3% from $961 in FY 2026. Lorentz is in the Upshur County, WV non-metropolitan FMR area. One county-wide FMR applies to every ZIP code in it. The median county two-bedroom FMR in West Virginia is $955, so ZIP 26229 is 4% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 26229
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$728
$745
+2.3%
$671–$820
1BR
$732
$759
+3.7%
$683–$835
2BR
$961
$993
+3.3%
$894–$1,092
3BR
$1,205
$1,271
+5.5%
$1,144–$1,398
4BR
$1,612
$1,660
+3.0%
$1,494–$1,826
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 26229
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$745
$759
$993
$1,271
$1,660
FY 2026
$728
$732
$961
$1,205
$1,612
FY 2025
$717
$722
$947
$1,162
$1,548
FY 2024
$703
$708
$924
$1,156
$1,403
FY 2023
$629
$633
$806
$1,004
$1,232
Questions about ZIP 26229 rents
How much will Section 8 pay for a two-bedroom in ZIP 26229?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $993, that basic range is $894 to $1,092 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 26229 in?
ZIP 26229 is in the Upshur County, WV non-metropolitan FMR area.
How much did fair market rent change in ZIP 26229 for FY 2027?
The two-bedroom FMR rose 3.3%, from $961 in FY 2026 to $993 in FY 2027. Since FY 2023 it has risen 23.2%.
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