Location: Atlanta-Sandy Springs-Roswell, GA | Metro: Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,140 |
| 1 Bedroom | $1,190 |
| 2 Bedrooms | $1,290 |
| 3 Bedrooms | $1,540 |
| 4 Bedrooms | $1,830 |
| 5 Bedrooms | $2,123 |
| 6 Bedrooms | $2,378 |
| 7 Bedrooms | $2,568 |
| 8 Bedrooms | $2,696 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,290 | $143,456 | 0.9% | C |
| 3BR | $1,540 | $231,633 | 0.66% | D |
| 4BR | $1,830 | $335,294 | 0.55% | F |
| 5BR | $2,123 | $386,356 | 0.55% | F |
U.S. Census Bureau data (2024)
The ZIP code 30012, located in Conyers, Georgia, is characterized by a significant rental population. With a total population of 34,506, 38.1% are renters, indicating a substantial tenant base. This percentage suggests that there is considerable demand for rental properties, making it a viable location for landlords and small-portfolio investors interested in Section 8 tenants.
The median household income in ZIP 30012 stands at $66,153. The market rent for the area is $1,578, which represents approximately 24% of the median income when considering a monthly basis. This calculation is derived from dividing the annual median income by 12 months and then comparing it to the market rent. Given the Fair Market Rent (FMR) set at $1,510 for FY 2024, the actual market rent slightly exceeds the FMR, suggesting a competitive landscape for rental properties.
The high percentage of renters in the area indicates that there is likely a robust demand for housing vouchers, such as those provided through the Section 8 program. Landlords can expect a steady flow of potential tenants who rely on government assistance to cover their rent. These tenants will be looking for affordable housing options that align with the FMR or are close to it, given the slight premium of the market rent over the FMR.
In terms of tenant profiles, landlords should anticipate a mix of low-income families, individuals, and possibly some elderly residents. The typical tenant will have an income level that requires subsidized housing to afford the average rent. They will be seeking stable living conditions and may have specific needs or circumstances that necessitate the use of vouchers. Landlords must be prepared to comply with the requirements of the Section 8 program, including regular inspections and rent calculations based on tenant income.
To conclude, ZIP 30012 is a renter-heavy area with a strong potential for Section 8 voucher utilization. The market rent is slightly above the FMR but still manageable for those receiving assistance, making it a suitable environment for landlords willing to participate in the Section 8 program.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
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.