Section 8 Fair Market Rent (FMR) for ZIP 30035 - 2027

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

Investment Score for ZIP 30035

Monthly Rent (2BR)

$1,700

Median Price (2BR)

$152,725

1% Rule

1.11%

Annual Yield

13.36%

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	$1,500
1 Bedroom	$1,560
2 Bedrooms	$1,700
3 Bedrooms	$2,030
4 Bedrooms	$2,410
5 Bedrooms	$2,796
6 Bedrooms	$3,132
7 Bedrooms	$3,383
8 Bedrooms	$3,552

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	$1,700	$152,725	1.11%	B
3BR	$2,030	$213,679	0.95%	C
4BR	$2,410	$260,805	0.92%	C
5BR	$2,796	$312,750	0.89%	C

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

21,569

Median Household Income

$66,799

Housing Units

8,841

Renter Percentage

43.2%

Occupancy Rate

79.2%

Renter Occupied

3,027

Decatur, GA, represented by ZIP code 30035, is a vibrant urban community known for its diverse neighborhoods, rich history, and growing appeal among renters and homeowners alike. This area presents a unique opportunity for real estate investors looking to capitalize on the rental market dynamics and property values.

The Fair Market Rent (FMR) for ZIP 30035 in fiscal year 2024 is set at $1,710, providing a benchmark for affordable housing units in the area.
The market rent, as measured by the Zillow Observed Rent Index (ZORI), stands at $1,979, indicating that rents in Decatur slightly exceed the government's affordability guidelines.
The median home value in Decatur is $224,091, which is relatively low compared to many other urban areas, making it attractive for first-time buyers and investors.
Renters make up 43.2% of the population in ZIP 30035, suggesting a strong demand for rental properties and potentially high occupancy rates for landlords.
The median income in the area is $66,799, reflecting the economic diversity of the community and the ability of residents to afford moderate rents.
Note that the days on market (DOM) data is currently unavailable, but the other metrics paint a picture of a stable and growing rental market.

In summary, Decatur, GA, offers a balanced real estate investment environment where the rental market is robust, with a significant portion of the population renting rather than owning. The slight premium of market rents over the FMR indicates that there is room for profit in both affordable and slightly higher-end rentals. The lower median home value suggests that property acquisition costs might be manageable for investors. Given the economic profile of the area, landlords can expect steady demand and reasonable returns on their investments in rental properties.

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.