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 | $1,730 |
| 1 Bedroom | $1,800 |
| 2 Bedrooms | $1,960 |
| 3 Bedrooms | $2,340 |
| 4 Bedrooms | $2,770 |
| 5 Bedrooms | $3,213 |
| 6 Bedrooms | $3,599 |
| 7 Bedrooms | $3,887 |
| 8 Bedrooms | $4,081 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,960 | $277,980 | 0.71% | D |
| 3BR | $2,340 | $433,322 | 0.54% | F |
| 4BR | $2,770 | $590,250 | 0.47% | F |
| 5BR | $3,213 | $899,469 | 0.36% | F |
U.S. Census Bureau data (2024)
ZIP 30062 covers the east Marietta area, an affluent suburban enclave characterized by mature tree-lined streets and a strong sense of community. The neighborhood is predominantly residential, offering a quiet retreat while maintaining close proximity to Atlanta’s economic core. A major institutional anchor here is WellStar Kennestone Hospital, which serves as a significant regional employer and drives consistent housing demand from medical professionals and support staff. This area is known for its stability and access to major highways, making it a practical location for commuters working in the broader metro area.
From a strictly numerical standpoint, the HUD Fair Market Rent (FMR) for a 2-bedroom unit is $2,080, while the current market rent (Zillow ZORI) sits at $1,945, creating a gap of $135 in favor of voucher holders. With median home values at $551,661 and a median 2BR sale price of $280,236, acquisition costs are substantial relative to rent rolls. Properties move relatively quickly, with a median days on market of just 37 days, suggesting competitive bidding. Investors must weigh the premium purchase price against the monthly figures, noting that the HUD rate actually exceeds the going market rate in this specific zip.
The local demographics reveal a tenant pool with high earning potential, as the median household income reaches $132,631. However, the renter share is only 19.1%, indicating a predominance of owner-occupied homes. This dynamic suggests that voucher holders in this area are likely to be working families or seniors seeking stability in a high-quality school district rather than transient renters. The presence of top-rated schools and low crime rates further insulates the neighborhood, maintaining property values even during broader market downturns.
Given the data, the strongest investor angle in 30062 is long-term appreciation and asset stability rather than immediate aggressive cash flow. The fact that the 2BR HUD payment exceeds market rent by $135 is a distinct advantage, ensuring landlords receive the top of the market rate regardless of local fluctuations. While the high median home value compresses yield percentages, the combination of a $132,631 median income and a major employment hub like WellStar Kennestone ensures consistent demand and low vacancy risk, making this a defensive, high-quality portfolio hold.
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.