Housing market/West Virginia/ZIP 25401

ACS 2023 · FY2027 SAFMR

ZIP 25401 Martinsburg, West Virginia

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

Population
15,661
Households
6,305
Median HH income
$49,157
Renter share
46.7%
Median gross rent
$1,014
Vacancy
7.8%
Pop. change
+10.0%
2BR SAFMR
$1,110
SAFMR / rent
1.095×
2–49 unit stock
1,583
LIHTC proj / units
6 / 672
HUD assisted MF
5 / 355

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 25401 · WV — sent to you.

ZIP 25401 · WV

ACS median rent$1,014
2BR SAFMR$1,110
90% floor$999
110% ceiling$1,221

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

Housing stock

ACS 2023 units-in-structure · ZCTA 25401

  • 1-unit detached3,68753.9%
  • 1-unit attached99014.5%
  • 2–4 units75111.0%
  • 5–49 units83212.2%
  • 50+ units3705.4%
  • Mobile2113.1%
TypeUnitsShare
1-unit detached3,68753.9%
1-unit attached99014.5%
2 units (duplex)2974.3%
3–4 units4546.6%
5–9 units5798.5%
10–19 units1752.6%
20–49 units781.1%
50+ units3705.4%
Mobile2113.1%

2–4 unit share 11.0% · 5–49 unit share 12.2% · combined 2–49 23.1%.

Units by bedrooms

Studio
53
1BR
1,014
2BR
1,637
3BR
3,174
4BR
755
5+
208

Rent burden

Rent ≥30% of income55.9%
Rent ≥50% of income23.8%
  • ACS median gross rent $1,014 (all bedrooms, occupied rentals).
  • Median contract rent $847.
  • Renters paying ≥30% of income 55.9%; ≥50% 23.8%.
  • FY2027 2BR SAFMR $1,110 (1.095× ACS median gross rent).

Population

15,661 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +10.0%.

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

Assisted inventory

  • LIHTC: 6 projects, 672 units.
  • HUD project-based assisted MF: 5 properties, 355 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 30 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 25401 46.7% of occupied households are renters; vacancy is 7.8%; ACS median gross rent is $1,014; population increased +10.0% between the 2018 and 2023 ACS vintages; the housing stock includes 751 units in 2–4-unit structures and 832 units in 5–49-unit structures; 6 LIHTC projects totaling 672 units; FY2027 2BR SAFMR is $1,110 versus ACS median gross rent of $1,014. 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 25401 is a Census / HUD profile for Martinsburg, 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 25401?

ZIP 25401 (Martinsburg, WV HUD Metro FMR Area) has 15,661 residents, 6,305 households, a renter share of 46.7%, median household income of $49,157, and ACS 2023 median gross rent of $1,014. Vacancy is 7.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 25401?

ACS counts 297 units in 2-unit buildings, 454 in 3–4 unit buildings, 579 in 5–9, 175 in 10–19, and 78 in 20–49. Combined 2–49 unit stock is 1,583 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 25401?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,110. See the full schedule and 90–110% payment-standard band on the ZIP 25401 — Martinsburg, WV HUD Section 8 Payment Standards / SAFMR.

Does this West Virginia ZIP profile include Georgia listings?

No. ZIP 25401 is Census / HUD research for Martinsburg, WV HUD Metro FMR Area. 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.