FY2027 Small Area FMR · Canvas, WV

ZIP 26662 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 26662 (Canvas, WV) is $1,030 a month, up 9.6% from FY2026. That is 9% above the Nicholas County, WV area-wide FMR of $944.

2-bedroom SAFMR$1,030per month ▲ 9.6%

Area-wide 2 BR FMR$944Nicholas County, WV

Rank in the area2ndof 28 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$927

2 BR Small Area FMR$1,030

110% of SAFMR$1,133

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$770▲ 6.9%

1 BR$800▲ 6.7%

2 BR$1,030▲ 9.6%

3 BR$1,230▲ 0.8%

4 BR$1,350▲ 6.3%

FY2027 FY2026

Where 26662 sits in the Nicholas County, WV area

Of the 28 ZIP codes HUD lists for the area, 26662 has the 2nd highest two-bedroom Small Area FMR. Nicholas County, WV is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $944 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,030 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$770	$693 – $847	$708	$720
1 bedroom	$800	$720 – $880	$729	$750
2 bedrooms	$1,030	$927 – $1,133	$944	$940
3 bedrooms	$1,230	$1,107 – $1,353	$1,125	$1,220
4 bedrooms	$1,350	$1,215 – $1,485	$1,241	$1,270

A household renting a two-bedroom home at the Small Area FMR of $1,030 needs about $41,200 a year to keep housing costs at 30% of income. The area median family income is $81,000 and the 80% low-income limit for four people is $64,800. ZIP code 26662 lies mainly in Nicholas County. See the Nicholas County, WV county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
26681	Nettie	2.7 mi	$940
26667	Drennen	6.0 mi	$1,030
26671	Gilboa	6.0 mi	$1,020
26205	Craigsville	6.3 mi	$940
26660	Calvin	6.3 mi	$940
26202	Fenwick	7.4 mi	$940

Questions

What is the Fair Market Rent for ZIP code 26662?

HUD's FY2027 Small Area Fair Market Rents for 26662 are $770 (studio), $800 (1 BR), $1,030 (2 BR), $1,230 (3 BR) and $1,350 (4 BR) a month.

What is the Section 8 payment standard in 26662?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 26662 that range is $927 to $1,133 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 26662?

The FY2026 income limits of the Nicholas County, WV area apply: median family income $81,000, low-income (80%) limit $64,800 for a family of four.