Rent by ZIP · Mercer County
Rent in Princeton, WV 24740
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $940 (+6.8% vs FY2026). Renters in this ZIP code pay a median $798 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $660 | $610 | +8.2% | $594–726 | – |
| 1 bedroom | $740 | $700 | +5.7% | $666–814 | $611 ±$105 |
| 2 bedrooms | $940 | $880 | +6.8% | $846–1,034 | $809 ±$118 |
| 3 bedrooms | $1,260 | $1,180 | +6.8% | $1,134–1,386 | $875 ±$178 |
| 4 bedrooms | $1,350 | $1,240 | +8.9% | $1,215–1,485 | $1,813 ±$325 |
Small Area FMRs for the Mercer County, WV. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Mercer County, WV, 2 bedrooms: $946.
What renters pay in 24740
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 24739 | Princeton | $1,030 | $785 |
| 24737 | Montcalm | $950 | – |
| 24736 | Matoaka | $940 | – |
| 24747 | Rock | $970 | – |
| 24731 | Kegley | $950 | – |
| 24724 | Freeman | $940 | – |
Fair Market Rents across Mercer County, WV · All WV counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.