Section 8 Fair Market Rent (FMR) for ZIP 30021 - 2027

Location: Atlanta-Sandy Springs-Roswell, GA | Metro: Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area

Investment Score for ZIP 30021

B
Monthly Rent (2BR)
$1,490
Median Price (2BR)
$136,910
1% Rule
1.09%
Annual Yield
13.06%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,310
1 Bedroom$1,370
2 Bedrooms$1,490
3 Bedrooms$1,780
4 Bedrooms$2,110
5 Bedrooms$2,448
6 Bedrooms$2,742
7 Bedrooms$2,961
8 Bedrooms$3,109

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,490 $136,910 1.09% B
3BR $1,780 $289,873 0.61% D
4BR $2,110 $340,600 0.62% D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
27,781
Median Household Income
$52,278
Housing Units
8,618
Renter Percentage
74.9%
Occupancy Rate
83.5%
Renter Occupied
5,389

The classification of ZIP 30021, Clarkston, GA, on the yield and stability axes reveals a nuanced picture for landlords and small-portfolio investors.

Yield: The Fair Market Rent (FMR) for ZIP 30021 in fiscal year 2024 is set at $1,590, which is notably lower than the market rent of $1,746. This suggests a potential opportunity for higher yields if properties can be rented closer to the market rate. However, the median home value stands at $249,526, indicating that the initial investment required for rental properties in this area is substantial. Given these figures, the yield in Clarkston appears to be moderately high, contingent upon securing tenants willing to pay near-market rents.

Stability: With 74.9% of the population being renters, there is a strong demand for rental housing, which contributes to stability. However, the lack of data on the number of days on market (DOM) and the relatively modest median household income of $52,278 suggest some limitations. These factors imply that while there is a consistent tenant pool, the ability to command premium rents might be constrained by the income levels of potential renters. This makes the stability somewhat moderate, as it balances high demand with potentially limited rent growth due to income constraints.

Based on these figures, ZIP 30021 falls into a category of somewhere in between high-yield/low-stability and steady-cashflow. It offers opportunities for above-average yields but also requires careful consideration of the local economic conditions and the ability of tenants to pay higher rents. For investors looking for a balance between attractive returns and stable occupancy, Clarkston presents a viable option.

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.