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Pleasants County/Ellenboro/26346

26346

ZIPSAFMR
Pleasants County, WV
Zillow

ZIP Investment Score

129Above average

095130300
BRFMR
Eff. Rent
0 BR$740$740
1 BR$750$750
2 BR$980$980
3 BR$1,250$1,250
4 BR$1,380$1,380
5 BR$1,587Not available
6 BR$1,825Not available
7 BR$2,099Not available
8 BR$2,414Not available

Purchase Price Calculator

Maximum purchase price
$83,711

Cost breakdown

+Likely effective rent$980
HUD FMRUsed$980
Market rentN/A
Est. payment standardN/A
-Principal and interest-$423
Loan amount$66,969
Down payment$16,742
Rate6.50%
Term30 years
-Operating costs-$357
Property taxes-$84
Insurance-$175
Utilities$0
HOA$0
Management-$98
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,036(95.8% ROI)
Projected value
$90,148
Return breakdown
Property appreciation+$6,437
Loan principal paid down+$2,399
Rental cash flow+$7,200
5-year hold
+$27,279(162.9% ROI)
Projected value
$94,711
Return breakdown
Property appreciation+$11,000
Loan principal paid down+$4,279
Rental cash flow+$12,000
10-year hold
+$57,641(344.3% ROI)
Projected value
$107,157
Return breakdown
Property appreciation+$23,446
Loan principal paid down+$10,195
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

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 26346 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 26346 (Ellenboro, WV) is $980 a month. That is up 8.9% from $900 in FY 2026. Ellenboro is in the Pleasants County, WV non-metropolitan 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 county-wide two-bedroom FMR of $944. Among 5 ZIP codes in Pleasants County, 26346 has the 2nd-highest two-bedroom rent (county range $940–$1,010). The median county two-bedroom FMR in West Virginia is $955, so ZIP 26346 is 3% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 26346
BedroomsFY 2027Change90–110% range
Studio$740+8.8%$666–$814
1BR$750+8.7%$675–$825
2BR$980+8.9%$882–$1,078
3BR$1,250+10.6%$1,125–$1,375
4BR$1,380+15.0%$1,242–$1,518

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 26346
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$740$750$980$1,250$1,380
FY 2026$680$690$900$1,130$1,200
FY 2025$660$670$870$1,090$1,180
FY 2024area FMR$641$645$848$1,184$1,208
FY 2023area FMR$557$561$738$1,049$1,071

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Two-bedroom rent in nearby Pleasants County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 26346
26134$940−4.1%
26146$970−1.0%
26170$1,010+3.1%
26184$940−4.1%
26346Current$980—

Questions about ZIP 26346 rents

How much will Section 8 pay for a two-bedroom in ZIP 26346?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $944, which applies unless the housing authority uses Small Area FMRs, that basic range is $850 to $1,038 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 26346 in?

ZIP 26346 is in the Pleasants County, WV non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $944.

How much did fair market rent change in ZIP 26346 for FY 2027?

The two-bedroom FMR rose 8.9%, from $900 in FY 2026 to $980 in FY 2027. Since FY 2025 it has risen 12.6%.

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 rentEllenboro, WV fair market rentWV statewide rentsWhat is SAFMR?Data sources