Housing market/West Virginia/ZIP 26241

ACS 2023 · FY2027 SAFMR

ZIP 26241 Elkins, Randolph County, West Virginia

Randolph County, WV · West Virginia. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
14,221
Households
5,645
Median HH income
$53,102
Renter share
28.6%
Median gross rent
$831
Vacancy
17.1%
Pop. change
+4.0%
2BR SAFMR
$970
SAFMR / rent
1.167×
2–49 unit stock
1,099
LIHTC proj / units
5 / 156
HUD assisted MF
1 / 102

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 26241 · WV — sent to you.

ZIP 26241 · WV

ACS median rent$831
2BR SAFMR$970
90% floor$873
110% ceiling$1,067

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 26241

  • 1-unit detached4,42465.0%
  • 1-unit attached1772.6%
  • 2–4 units73710.8%
  • 5–49 units3625.3%
  • 50+ units861.3%
  • Mobile1,02115.0%
TypeUnitsShare
1-unit detached4,42465.0%
1-unit attached1772.6%
2 units (duplex)2273.3%
3–4 units5107.5%
5–9 units2583.8%
10–19 units410.6%
20–49 units630.9%
50+ units861.3%
Mobile1,02115.0%

2–4 unit share 10.8% · 5–49 unit share 5.3% · combined 2–49 16.1%.

Units by bedrooms

Studio
55
1BR
796
2BR
1,707
3BR
3,086
4BR
881
5+
282

Rent burden

Rent ≥30% of income40.4%
Rent ≥50% of income21.4%
  • ACS median gross rent $831 (all bedrooms, occupied rentals).
  • Median contract rent $635.
  • Renters paying ≥30% of income 40.4%; ≥50% 21.4%.
  • FY2027 2BR SAFMR $970 (1.167× ACS median gross rent).

Population

14,221 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +4.0%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 5 projects, 156 units.
  • HUD project-based assisted MF: 1 properties, 102 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 26241 28.6% of occupied households are renters; vacancy is 17.1%; ACS median gross rent is $831; population increased +4.0% between the 2018 and 2023 ACS vintages; the housing stock includes 737 units in 2–4-unit structures and 362 units in 5–49-unit structures; 5 LIHTC projects totaling 156 units; FY2027 2BR SAFMR is $970 versus ACS median gross rent of $831. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

West Virginia research

ZIP 26241 is a Census / HUD profile for Randolph County, WV. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is West Virginia research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 26241?

ZIP 26241 (Randolph County, WV) has 14,221 residents, 5,645 households, a renter share of 28.6%, median household income of $53,102, and ACS 2023 median gross rent of $831. Vacancy is 17.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 26241?

ACS counts 227 units in 2-unit buildings, 510 in 3–4 unit buildings, 258 in 5–9, 41 in 10–19, and 63 in 20–49. Combined 2–49 unit stock is 1,099 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 26241?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $970. See the full schedule and 90–110% payment-standard band on the ZIP 26241 — Elkins, WV HUD Section 8 Payment Standards / SAFMR.

Does this West Virginia ZIP profile include Georgia listings?

No. ZIP 26241 is Census / HUD research for Randolph County, WV. Jeff Crowe CRE does not list West Virginia property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.