FY2026 Fair Market Rents — Nicholas County
Studio
$667
1BR
$696
2BR
$869
3BR
$1,125
4BR
$1,177
Nicholas County, West Virginia
FIPS 54067 · County-level FMR and income limit data
FMR Area: Nicholas County, WV
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $667 | $8,004 |
| 1-Bedroom | $696 | $8,352 |
| 2-Bedroom | $869 | $10,428 |
| 3-Bedroom | $1,125 | $13,500 |
| 4-Bedroom | $1,177 | $14,124 |
To afford the FY2026 2-bedroom FMR of $869/mo under the 30%-of-income rule, a household needs about
$34,760/yr ($2,897/mo). Area Median Income is $81,000.
At WV's state minimum wage of $8.75/hr, a worker would need to work 77 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $667 | $696 | $869 | $1,125 | $1,177 |
| FY2025 | $658 | $700 | $852 | $1,182 | $1,195 |
| FY2024 | $679 | $690 | $848 | $1,195 | $1,208 |
| FY2023 | $566 | $570 | $738 | $1,048 | $1,071 |
| FY2022 | $532 | $536 | $705 | $969 | $1,028 |
| FY2021 | $510 | $513 | $676 | $918 | $980 |
| FY2020 | $514 | $517 | $662 | $871 | $957 |
FY2026 Income Limits
Area Median Income: $81,000
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $17,050 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $28,350 | $32,400 | $36,450 | $40,500 | $43,750 | $47,000 |
| 80% AMI | $45,400 | $51,850 | $58,350 | $64,800 | $70,000 | $75,200 |