Logo Nicholas County Fair Market Rent FY 2016 Nicholas County, WV Rental Data

Fair Market Rent Prices in Nicholas County, WV :
$462 $477 $582 $746 $844
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 Nicholas County are very low compared to the national average. This FMR area is less expensive than 98% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Nicholas 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 Pool, WV, Swiss, WV, Calvin, WV, Tioga, WV, Drennen, WV, Gilboa, WV, Keslers Cross Lanes, WV, Leivasy, WV, Fenwick, WV, Camden On Gauley, WV and other cities within the region. The Metro Code or CBSA code for this region is NCNTY54067N54067.

Additionally, This Fair Market Rent (FMR) area Nicholas County, WV spans one county or city in West Virginia which is listed in the table below. Estimated population of Nicholas County, WV FMR area is 26,233 people based on latest Census data.

Compared to the rest of West Virginia, the Nicholas County FMR area is less expensive than 73% 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 Nicholas County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Nicholas 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 $ 476
1-BR 1-Bedroom $ 492
2-BR 2-Bedroom $ 600
3-BR 3-Bedroom $ 770
4-BR 4-Bedroom $ 870
Change Year:

There is just one county (listed below) within the Nicholas County, WV FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Charleston - Huntington and Clarksburg - Weston.

County / Region Est. Population
Nicholas County, WV 26,233
Zip Codes in Nicholas County, WV

There are 17 unique zip codes in this Fair Market Rent (FMR) area:

26202, 26205, 26208, 26610, 26651, 26660, 26662, 26667, 26671, 26675, 26676, 26678, 26679, 26681, 26684, 26690 and 26691

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