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 | $1,680 |
| 1 Bedroom | $1,750 |
| 2 Bedrooms | $1,910 |
| 3 Bedrooms | $2,280 |
| 4 Bedrooms | $2,700 |
| 5 Bedrooms | $3,132 |
| 6 Bedrooms | $3,508 |
| 7 Bedrooms | $3,789 |
| 8 Bedrooms | $3,978 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,910 | $295,309 | 0.65% | D |
| 3BR | $2,280 | $497,293 | 0.46% | F |
| 4BR | $2,700 | $685,076 | 0.39% | F |
| 5BR | $3,132 | $1,003,229 | 0.31% | F |
U.S. Census Bureau data (2024)
Marietta, GA's ZIP code 30068 is characterized by a relatively affluent neighborhood with a total population of 33,882 residents. Only 13.7% of these residents are renters, indicating a predominantly owner-occupied community. The median household income in this area stands at a robust $150,101, reflecting the high economic status of its inhabitants. Median home values in ZIP 30068 are also notably high, at $674,925, which suggests a strong local housing market.
The rent economics in ZIP 30068 present an interesting opportunity for investors. According to the Fair Market Rent (FMR) data for the fiscal year 2024, the estimated rent for a voucher holder in this area is $1,900. In contrast, the market rent, as indicated by the Zillow Observed Rent Index (ZORI), is $2,182. This difference highlights a potential gap between government-subsidized rents and the actual market rates, offering opportunities for both hands-off and hands-on investment strategies.
A hands-off voucher operator might find limited appeal in this ZIP code due to the low percentage of renters and the higher cost of living. However, a hands-on value-add buyer could leverage the affluent demographic and high property values to create significant returns. By focusing on enhancing rental properties to command higher market rents or converting them into owner-occupied homes, investors can capitalize on the strong economic foundation of ZIP 30068.
In conclusion, while the hands-off approach may not be the most profitable given the specific demographics and economic indicators, a hands-on strategy that takes advantage of the neighborhood's strengths could prove highly rewarding. The key lies in understanding the local market dynamics and tailoring investment efforts accordingly.
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.