Location: Atlanta-Sandy Springs-Roswell, GA | Metro: Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,560 |
| 1 Bedroom | $1,630 |
| 2 Bedrooms | $1,770 |
| 3 Bedrooms | $2,110 |
| 4 Bedrooms | $2,500 |
| 5 Bedrooms | $2,900 |
| 6 Bedrooms | $3,248 |
| 7 Bedrooms | $3,508 |
| 8 Bedrooms | $3,683 |
The ZIP code 30036 in Georgia lacks comprehensive demographic data, including population size, percentage of renters, and median household income. This scarcity of information makes it challenging to definitively categorize the area as either renter-heavy or homeowner-dominated. However, given the context of analyzing it for Section 8 tenants, we can infer that there is likely a significant demand for rental properties among those who qualify for housing assistance.
Section 8 Housing Choice Vouchers are designed to help low-income families afford decent, safe, and sanitary housing in the private market. The Fair Market Rent (FMR) for ZIP 30036, as set by HUD for FY 2024, is $1860. This figure represents the maximum amount a voucher holder can pay towards rent in this area, which landlords can use as a benchmark for setting their rental rates if they wish to attract Section 8 tenants.
Without specific local rent data, we cannot calculate the exact percentage of local income that goes towards rent. However, it's crucial to understand that tenants using Section 8 vouchers typically contribute 30% to 40% of their adjusted monthly income towards rent. Therefore, the typical market rent in 30036 should align closely with the FMR to ensure affordability for these tenants.
A landlord in ZIP 30036 should expect a tenant profile characterized by individuals and families who rely on government subsidies to meet their housing needs. These tenants will have a demonstrated history of financial need, often qualifying due to unemployment, underemployment, or other economic hardships. It's important to note that while the specific demographics are unknown, the presence of Section 8 vouchers suggests a community with diverse economic backgrounds, many of whom are seeking stable housing solutions.
To maximize the chances of attracting reliable tenants, landlords should ensure their properties meet the quality standards required by the Section 8 program. Additionally, maintaining a competitive rental price around the FMR of $1860 will be key to securing tenants who have these vouchers.
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.