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 | $1,900 |
| 3 Bedrooms | $2,260 |
| 4 Bedrooms | $2,690 |
| 5 Bedrooms | $3,120 |
| 6 Bedrooms | $3,494 |
| 7 Bedrooms | $3,774 |
| 8 Bedrooms | $3,963 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,900 | $269,995 | 0.7% | D |
| 3BR | $2,260 | $395,441 | 0.57% | F |
| 4BR | $2,690 | $538,911 | 0.5% | F |
| 5BR | $3,120 | $729,249 | 0.43% | F |
U.S. Census Bureau data (2024)
The ZIP code 30082, located in Smyrna, Georgia, falls within the Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area. Its Fair Market Rent (FMR) for fiscal year 2024 is set at $2070. This figure is higher than the market rent of $1,841, indicating that the government's estimate for reasonable rental costs exceeds what the market currently demands.
The median home value in ZIP 30082 is $445,907, which suggests that it is neither the most affordable nor the most expensive part of the Atlanta metro area. The 24.7% renter share is noteworthy, as it is above average for many neighborhoods in the Atlanta region, pointing towards a significant portion of renters in the area.
Comparatively, typical ZIP codes within the Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area have lower FMRs and higher home values. This places ZIP 30082 as a mid-tier neighborhood within its broader metropolitan context. It is not the lowest-cost option but also not the highest-value sub-market.
The divergence between the high FMR and slightly below-average home values, coupled with a higher-than-average renter share, could signal a sweet spot for Section 8 landlords and small-portfolio investors. This ZIP code offers a balance where government subsidies can cover a substantial portion of rental costs without the need for extremely high property investments, making it attractive for those looking to capitalize on federal housing assistance programs.
To further analyze the position of ZIP 30082 within its metro area, consider the following:
These figures collectively suggest that ZIP 30082 is a valuable location for those interested in Section 8 properties, offering a mix of affordability and accessibility that can be advantageous for both landlords and small-portfolio investors.
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.