Housing market/West Virginia/ZIP 26651

ACS 2023 · FY2027 SAFMR

ZIP 26651 Summersville, Nicholas County, West Virginia

Nicholas 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
10,070
Households
3,802
Median HH income
$59,067
Renter share
20.0%
Median gross rent
$760
Vacancy
16.0%
Pop. change
+9.4%
2BR SAFMR
$1,030
SAFMR / rent
1.355×
2–49 unit stock
136
LIHTC proj / units
3 / 132
HUD assisted MF
2 / 109

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 26651 · WV — sent to you.

ZIP 26651 · WV

ACS median rent$760
2BR SAFMR$1,030
90% floor$927
110% ceiling$1,133

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

Housing stock

ACS 2023 units-in-structure · ZCTA 26651

  • 1-unit detached3,39675.0%
  • 2–4 units471.0%
  • 5–49 units892.0%
  • 50+ units1152.5%
  • Mobile87819.4%
TypeUnitsShare
1-unit detached3,39675.0%
1-unit attached00.0%
2 units (duplex)00.0%
3–4 units471.0%
5–9 units771.7%
10–19 units00.0%
20–49 units120.3%
50+ units1152.5%
Mobile87819.4%

2–4 unit share 1.0% · 5–49 unit share 2.0% · combined 2–49 3.0%.

Units by bedrooms

Studio
53
1BR
290
2BR
1,060
3BR
2,359
4BR
682
5+
81

Rent burden

Rent ≥30% of income24.3%
Rent ≥50% of income5.1%
  • ACS median gross rent $760 (all bedrooms, occupied rentals).
  • Median contract rent $543.
  • Renters paying ≥30% of income 24.3%; ≥50% 5.1%.
  • FY2027 2BR SAFMR $1,030 (1.355× ACS median gross rent).

Population

10,070 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +9.4%.

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

Assisted inventory

  • LIHTC: 3 projects, 132 units.
  • HUD project-based assisted MF: 2 properties, 109 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 26651 20.0% of occupied households are renters; vacancy is 16.0%; ACS median gross rent is $760; population increased +9.4% between the 2018 and 2023 ACS vintages; the housing stock includes 47 units in 2–4-unit structures and 89 units in 5–49-unit structures; 3 LIHTC projects totaling 132 units; FY2027 2BR SAFMR is $1,030 versus ACS median gross rent of $760. 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 26651 is a Census / HUD profile for Nicholas 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 26651?

ZIP 26651 (Nicholas County, WV) has 10,070 residents, 3,802 households, a renter share of 20.0%, median household income of $59,067, and ACS 2023 median gross rent of $760. Vacancy is 16.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 26651?

ACS counts 0 units in 2-unit buildings, 47 in 3–4 unit buildings, 77 in 5–9, 0 in 10–19, and 12 in 20–49. Combined 2–49 unit stock is 136 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 26651?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,030. See the full schedule and 90–110% payment-standard band on the ZIP 26651 — Summersville, WV HUD Section 8 Payment Standards / SAFMR.

Does this West Virginia ZIP profile include Georgia listings?

No. ZIP 26651 is Census / HUD research for Nicholas 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.