Location: Atlanta-Sandy Springs-Roswell, GA | Metro: Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,610 |
| 1 Bedroom | $1,680 |
| 2 Bedrooms | $1,830 |
| 3 Bedrooms | $2,180 |
| 4 Bedrooms | $2,590 |
| 5 Bedrooms | $3,004 |
| 6 Bedrooms | $3,364 |
| 7 Bedrooms | $3,633 |
| 8 Bedrooms | $3,815 |
The ZIP code 30061 in the Atlanta-Sandy Springs-Roswell area stands out due to limited data availability, which includes missing figures for the number of residents, percentage of renters, median income, and median home value. This scarcity of information can make it challenging for landlords and small-portfolio investors to fully assess the local real estate market conditions.
However, the data signature does provide insight into the Section 8 voucher program economics. The Fair Market Rent (FMR) for ZIP 30061 in fiscal year 2024 is set at $1910. This figure represents the maximum amount that a landlord can charge for rent under the Section 8 program. Without specific market rent data for comparison, it's important to note that the FMR is designed to reflect typical rental costs for modest housing in the area, adjusted annually to account for changes in the local rental market.
Given the available data, the ZIP 30061 presents a transitional profile. The lack of detailed demographic and economic indicators suggests that there may be ongoing changes in the neighborhood, possibly due to redevelopment, shifts in population, or other factors influencing the real estate landscape. Landlords and investors should remain vigilant about monitoring any updates to the data and staying informed about local trends to make well-informed decisions.
To summarize, while the full picture of ZIP 30061 is obscured by incomplete data, the $1910 FMR for Section 8 vouchers offers a critical benchmark for rental pricing in the area. The transitional nature of the data implies potential opportunities for those who can adapt to evolving conditions.
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.