The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

Fayette County, WV HUD Metro FMR Area, WV

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in Fayette County, WV HUD Metro FMR Area, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $533 to a high of $651, with an average of $592.
One-bedroom: One-bedroom rental prices vary, with a minimum of $615, a maximum of $751, and an average of $683.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $786, peaking at a maximum of $960, and averaging at $873.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,052, a maximum of $1,286, and an average of $1,169.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,333 to a maximum of $1,629, with an average of $1,481.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

To apply for Section 8 housing, you can check your income against the Fayette County, WV HUD Metro FMR Area Housing Choice voucher income limit to determine your eligibility.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year Area HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 Fayette County, WV HUD Metro FMR Area, WV Low Rent (90%) $533 $615 $786 $1,052 $1,333
Average Rent $592 $683 $873 $1,169 $1,481
High Rent(110%) $651 $751 $960 $1,286 $1,629
2023 Fayette County, WV HUD Metro FMR Area, WV Low Rent (90%) $496 $562 $719 $968 $1,193
Average Rent $551 $624 $799 $1,075 $1,326
High Rent (110%) $606 $686 $879 $1,183 $1,459
2022 Fayette County, WV HUD Metro FMR Area, WV Low Rent (90%) $455 $514 $640 $877 $921
Average Rent $505 $571 $711 $974 $1,023
High Rent(110%) $556 $628 $782 $1,071 $1,125
2021 Fayette County, WV HUD Metro FMR Area, WV Low Rent (90%) $470 $509 $608 $822 $825
Average Rent $522 $566 $676 $913 $917
High Rent (110%) $574 $623 $744 $1,004 $1,009
2020 Fayette County, WV HUD Metro FMR Area, WV Low Rent (90%) $512 $522 $600 $810 $814
Average Rent $569 $580 $667 $900 $904
High Rent(110%) $626 $638 $734 $990 $994
2019 Fayette County, WV HUD Metro FMR Area, WV Low Rent (90%) $453 $455 $569 $776 $879
Average Rent $503 $506 $632 $862 $977
High Rent (110%) $553 $557 $695 $948 $1,075
2018 Fayette County, WV HUD Metro FMR Area, WV Low Rent (90%) $442 $446 $580 $777 $977
Average Rent $491 $495 $644 $863 $1,085
High Rent(110%) $540 $545 $708 $949 $1,194
2017 Fayette County, WV HUD Metro FMR Area, WV Low Rent (90%) $389 $463 $613 $809 $1,048
Average Rent $432 $514 $681 $899 $1,164
High Rent (110%) $475 $565 $749 $989 $1,280


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