Housing market/West Virginia/ZIP 24970
ZIP 24970 Ronceverte, Monroe County, West Virginia
Monroe 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.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 24970 · WV — sent to you.
ZIP 24970 · WV
ACS rent vs 2BR SAFMR
ZIP 24970 — Ronceverte, WV HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 24970
- 1-unit detached1,75981.4%
- 1-unit attached50.2%
- 2–4 units1537.1%
- 5–49 units351.6%
- Mobile2109.7%
2–4 unit share 7.1% · 5–49 unit share 1.6% · combined 2–49 8.7%.
Units by bedrooms
Rent burden
- ACS median gross rent $842 (all bedrooms, occupied rentals).
- Median contract rent $569.
- Renters paying ≥30% of income 33.0%; ≥50% 20.8%.
- FY2027 2BR SAFMR $1,010 (1.200× ACS median gross rent).
Population
4,007 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -8.6%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: not published for this ZIP.
- HUD project-based assisted MF: not published for this ZIP.
- 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 24970 24.3% of occupied households are renters; vacancy is 14.1%; ACS median gross rent is $842; population changed -8.6% between the 2018 and 2023 ACS vintages; the housing stock includes 153 units in 2–4-unit structures and 35 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $842. 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 24970 is a Census / HUD profile for Monroe County, WV. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 24970 — Ronceverte, WV HUD Section 8 Payment Standards / SAFMR·West Virginia ZIP directory
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 24970?
ZIP 24970 (Monroe County, WV) has 4,007 residents, 1,858 households, a renter share of 24.3%, median household income of $46,688, and ACS 2023 median gross rent of $842. Vacancy is 14.1%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 24970?
ACS counts 21 units in 2-unit buildings, 132 in 3–4 unit buildings, 35 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 188 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 24970?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,010. See the full schedule and 90–110% payment-standard band on the ZIP 24970 — Ronceverte, WV HUD Section 8 Payment Standards / SAFMR.
Does this West Virginia ZIP profile include Georgia listings?
No. ZIP 24970 is Census / HUD research for Monroe 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.