Section 8 Fair Market Rent (FMR) for ZIP 29822 - 2027

Location: Augusta-Richmond County, GA | Metro: Augusta-Richmond County, GA-SC HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$940
1 Bedroom$1,130
2 Bedrooms$1,250
3 Bedrooms$1,570
4 Bedrooms$1,910
5 Bedrooms$2,216
6 Bedrooms$2,482
7 Bedrooms$2,681
8 Bedrooms$2,815

The market in ZIP 29822, located in Georgia, presents a dynamic scenario that can be inferred from the current snapshot of data. The Fair Market Rent (FMR) for the area stands at $1030 for fiscal year 2024, indicating a stable rental pricing environment.

Despite the lack of specific market rent data, the absence of price-cut shares and days on market (DOM) suggests a potentially balanced market. In areas where supply significantly outpaces demand, there would typically be a higher percentage of properties requiring price reductions and longer times for listings to sell. Conversely, if demand were surpassing supply, we would likely see shorter DOM periods and fewer instances of price-cutting.

The unknown median home value and the missing percentage of renter share provide less clarity but still offer insights into long-term housing pressures. A higher renter share often correlates with increased long-term housing pressure, as it indicates a larger portion of the population is租房而非拥有房产。这可能意味着该地区的住房压力较小,因为没有具体的数据表明租户比例很高。然而,这也可能是由于缺乏详细的数据来全面描绘市场情况。 在ZIP代码29822的市场中,公平市场租金(FMR)为1030美元(2024财年),表明该地区的租赁价格环境稳定。尽管没有具体的市场租金数据,但缺乏降价份额和上市天数(DOM)表明市场可能是平衡的。在供应明显超过需求的地区,通常会有更多需要降价的房产以及更长的销售时间。相反,如果需求超过供应,我们可能会看到较短的上市时间和较少的降价房产。 关于长期住房压力,租户比例的缺失告诉我们,目前该地区没有显著的租户主导趋势。这可能意味着住房压力相对较小,因为没有数据显示租户比例异常高。然而,这也可能是由于缺乏详细的数据来全面描述市场状况。因此,对于投资者而言,了解这一市场的关键在于持续关注其动态变化,并适时调整投资策略以适应未来的供需关系。

Data Sources: FMR data from HUD (2027).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.