Refinance or buy a home with a low 3.5% down payment! Get Started Now ➔ Logo McDowell County Fair Market Rent FY 2016 McDowell County, WV Rental Data

Fair Market Rent Prices in McDowell County, WV :
$462 $503 $582 $722 $1,016
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in McDowell County are very low compared to the national average. This FMR area is less expensive than 87% of other FMR areas. Fair Market Rent for a two-bedroom apartment in McDowell County is $582 per month.

The previous year, rent for a two-bedroom home was $628 per month. This is a 7.32% decrease year-over-year.

This FMR rate applies to Wilcoe, WV, Anawalt, WV, Avondale, WV, Bartley, WV, Berwind, WV, Big Sandy, WV, Bradshaw, WV, Cucumber, WV, Davy, WV, Eckman, WV and other cities within the region. The Metro Code or CBSA code for this region is NCNTY54047N54047.

Additionally, This Fair Market Rent (FMR) area McDowell County, WV spans one county or city in West Virginia which is listed in the table below. Estimated population of McDowell County, WV FMR area is 22,113 people based on latest Census data.

Compared to the rest of West Virginia, the McDowell County FMR area is more expensive than 60% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in McDowell County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in McDowell County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 462
1-BR 1-Bedroom $ 503
2-BR 2-Bedroom $ 582
3-BR 3-Bedroom $ 722
4-BR 4-Bedroom $ 1016
Change Year:

There is just one county (listed below) within the McDowell County, WV FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Bluefield - Beckley - Oak Hill.

County / Region Est. Population
McDowell County, WV 22,113
Zip Codes in McDowell County, WV

There are 36 unique zip codes in this Fair Market Rent (FMR) area:

24801, 24808, 24811, 24813, 24815, 24816, 24817, 24826, 24828, 24829, 24830, 24831, 24836, 24843, 24844, 24846, 24848, 24850, 24853, 24855, 24861, 24862, 24866, 24868, 24871, 24872, 24873, 24878, 24879, 24881, 24884, 24887, 24888, 24892, 24894 and 24895

Lookup Fair Market Rent by Zip Code
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