Section 8 Fair Market Rent (FMR) for ZIP 30067 - 2027

Investment Score for ZIP 30067

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	$1,680
1 Bedroom	$1,750
2 Bedrooms	$1,900
3 Bedrooms	$2,260
4 Bedrooms	$2,690
5 Bedrooms	$3,120
6 Bedrooms	$3,494
7 Bedrooms	$3,774
8 Bedrooms	$3,963

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
1BR	$1,750	$176,006	0.99%	C
2BR	$1,900	$234,243	0.81%	C
3BR	$2,260	$357,238	0.63%	D
4BR	$2,690	$679,080	0.4%	F
5BR	$3,120	$1,195,769	0.26%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

The ZIP code 30067 in Marietta, Georgia, is situated in Cobb County and has a population of 47,271 residents. With a median household income of $83,568, it is a relatively affluent area. However, 56.5% of the population are renters, indicating a significant demand for rental properties. The occupancy rate stands at 92.2%, suggesting that the market is fairly tight with limited vacancy. ### Section 8 Voucher Dynamics The Fair Market Rent (FMR) for 2026 in ZIP 30067 is set at $2,070 for a two-bedroom unit. This figure represents 29.7% of the median household income, which is a reasonable percentage considering the national average is around 30%. However, the actual median rent for a two-bedroom unit on Zillow is $237,996, which translates to a monthly rent of approximately $1,983 based on a typical mortgage payment structure. This means that the actual rents are slightly below the FMR, but still higher than what many voucher holders can afford. The constraints for voucher holders are significant. For instance, a voucher holder would need to find a landlord willing to accept a payment of $2,070 per month for a two-bedroom unit, which is only marginally above the actual median rent. This could be challenging given that landlords often prefer higher-paying tenants who do not require government subsidies. ### Affordability & Renter Profile Given that 56.5% of the population are renters, there is a substantial demand for affordable housing. The price-to-FMR ratio of 9.6x indicates that the median home value is significantly higher than the FMR, making homeownership less accessible for many residents. This suggests that the rental market is likely to remain robust, especially for those who cannot afford to purchase homes. The high occupancy rate of 92.2% further supports the notion that the rental market is tight. This implies that there is little room for new entrants unless they can offer competitive rents or amenities that attract tenants. The median household income of $83,568 provides some context; while it is above the national average, the high proportion of renters indicates that many residents are still looking for affordable options. ### Investor Angle From an investor perspective, the ZIP code 30067 offers potential opportunities, particularly for those focusing on Section 8 vouchers. The actual median rent for a two-bedroom unit is $1,983, which is below the FMR of $2,070. This means that investors who can secure properties at or near the actual median rent can potentially generate positive cash flow when renting to voucher holders. However, the investment grade depends on several factors, including property management costs, maintenance expenses, and the reliability of the Section 8 program. Given the tight market and high occupancy rates, the risk of vacancies is relatively low, which can be a positive factor for investors. Additionally, the fact that the FMR is close to the actual median rent suggests that there is a balance between affordability and market rates, making it a viable option for both landlords and tenants. ### Specific Actionable Insights 1. **Focus on Two-Bedroom Units**: Given that the FMR for a two-bedroom unit is $2,070 and the actual median rent is $1,983, investors should prioritize acquiring two-bedroom units. These units are most likely to be occupied by voucher holders, and the difference between the FMR and actual rent provides a buffer for cash flow. 2. **Consider Property Management Services**: Due to the complexities associated with Section 8 vouchers, such as background checks and lease compliance, it might be beneficial to engage professional property management services. This can help ensure that the process runs smoothly and that the property remains occupied, reducing the risk of vacancies. 3. **Evaluate Long-Term Trends**: While the current data shows a tight market, it is crucial to evaluate long-term trends. The median household income and the high proportion of renters suggest that the demand for affordable rentals will continue. Investors should also consider the potential for gentrification and how it might affect future rents and tenant profiles. ### Bottom Line For Section 8-focused investors, ZIP 30067 presents a mixed picture. On one hand, the tight rental market and high occupancy rates indicate strong demand. On the other hand, the high price-to-FMR ratio and the challenges associated with finding landlords willing to accept vouchers present hurdles. **Recommendation**: **Hold**. The current dynamics suggest that while there is potential for positive cash flow, the market is already tight, and the competition for tenants is likely to be fierce. Investors should carefully evaluate their ability to manage Section 8 properties and the long-term trends before making any purchases.

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.