HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Wood County, West Virginia (FY 2027)
$974 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Wood County, and it's the baseline every voucher in Wood is measured against.
Two-bedroom FMR
$974
+5.0% from FY 2026
Payment standard
$877–$1,071
90% to 110% of the FMR, two-bedroom
Income to afford
$38,960
a year, with rent at 30% of income
Rank in West Virginia
24th of 55
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $793 | $714–$872 | $31,720 | $15.25/hr | +7.0% |
| 1 bedroom | $798 | $718–$878 | $31,920 | $15.35/hr | +7.1% |
| 2 bedroom | $974 | $877–$1,071 | $38,960 | $18.73/hr | +5.0% |
| 3 bedroom | $1,214 | $1,093–$1,335 | $48,560 | $23.35/hr | +1.7% |
| 4 bedroom | $1,281 | $1,153–$1,409 | $51,240 | $24.63/hr | +2.2% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,473 | $1,326–$1,620 |
| 6 bedroom Estimate | $1,665 | $1,499–$1,832 |
| 7 bedroom Estimate | $1,857 | $1,671–$2,043 |
| 8 bedroom Estimate | $2,050 | $1,845–$2,255 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Wood actually rent for?
Search any address in Wood for a rent estimate built from nearby comps, with the HUD figure right next to it.
No card needed
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Wood somewhere between $877 and $1,071. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$974 a month is affordable, by HUD's 30% rule, on an income of roughly $38,960 a year. Put another way, $19 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$877 | Voucher pays at 100%$974 | Voucher pays at 110%$1,071 |
|---|---|---|---|---|
| $2,500 | $750 | $127 | $224 | $321 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 5% from FY 2026 ($928) to FY 2027 ($974). Since FY 2020 it's up 29% in total, about 3.7% a year. The West Virginia median moved up 4% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $574 | $636 | $754 | $1,025 | $1,166 | — |
| FY 2021 | $605 | $622 | $745 | $1,003 | $1,135 | -1.2% |
| FY 2022 | $636 | $645 | $781 | $1,043 | $1,126 | +4.8% |
| FY 2023 | $668 | $672 | $793 | $1,075 | $1,131 | +1.5% |
| FY 2024 | $787 | $792 | $948 | $1,289 | $1,305 | +19.5% |
| FY 2025 | $771 | $776 | $933 | $1,252 | $1,304 | -1.6% |
| FY 2026 | $741 | $745 | $928 | $1,194 | $1,253 | -0.5% |
| FY 2027In effect | $793 | $798 | $974 | $1,214 | $1,281 | +5.0% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Wood, that runs from $793 for a studio up to $1,281 for four bedrooms, all five rates in the table above.
This is a metro rate. The county doesn't get one of its own. HUD lumps Wood in with one other county in the Parkersburg-Vienna metro, Wirt County among them, and every one of them gets $974 for a two-bedroom. Where you are inside the metro doesn't change the county number. It does change the ZIP number, covered below.
Among West Virginia's 55 counties, Wood ranks 24th for two-bedroom FMR. That's within a couple percent of the state median of $955 and about 8% below the national median county at $1,063. About 83,407 people live here, 5th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $940 in 26184 (Waverly) and $1,090 in 26181 (Washington), with the 14 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 26101 | Parkersburg | $950 | -2.5% |
| 26102 | Parkersburg | $980 | +0.6% |
| 26103 | Parkersburg | $980 | +0.6% |
| 26104 | Parkersburg | $950 | -2.5% |
| 26105 | Vienna | $1,020 | +4.7% |
| 26106 | Parkersburg | $974County rate | — |
| 26120 | Mineral Wells | $974County rate | — |
| 26121 | Mineral Wells | $980 | +0.6% |
| 26133 | Belleville | $1,070 | +9.9% |
| 26142 | Davisville | $970 | -0.4% |
| 26150 | Mineral Wells | $1,020 | +4.7% |
| 26169 | Rockport | $990 | +1.6% |
| 26180 | Walker | $950 | -2.5% |
| 26181 | Washington | $1,090 | +11.9% |
| 26184 | Waverly | $940 | -3.5% |
| 26187 | Williamstown | $1,040 | +6.8% |
Counties sharing the Parkersburg-Vienna metro rate
HUD sets one rate for the whole metro, so every county here carries the same $974 two-bedroom figure as Wood.
Nearby counties
Two-bedroom FMR, with how each compares to Wood.
Pleasants County
19 mi · 7,521 people
$944
-3%
Wirt County
20 mi · 5,053 people
$974
same rate
Ritchie County
25 mi · 8,286 people
$944
-3%
Jackson County
31 mi · 27,705 people
$944
-3%
Calhoun County
34 mi · 6,048 people
$944
-3%
Tyler County
36 mi · 8,064 people
$944
-3%
Roane County
39 mi · 13,786 people
$944
-3%
Mason County
41 mi · 25,043 people
$944
-3%
Questions people ask
$974 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $793 for a studio, $798 for one bedroom, $1,214 for three and $1,281 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Wood actually go for?
HUD's number is one input. Search any address in Wood for a rent estimate built from nearby comps. Free to start, no card.
Free tier. No credit card.