Location: Atlanta-Sandy Springs-Roswell, GA | Metro: Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,560 |
| 1 Bedroom | $1,630 |
| 2 Bedrooms | $1,770 |
| 3 Bedrooms | $2,110 |
| 4 Bedrooms | $2,500 |
| 5 Bedrooms | $2,900 |
| 6 Bedrooms | $3,248 |
| 7 Bedrooms | $3,508 |
| 8 Bedrooms | $3,683 |
The ZIP code 30085 in Georgia lacks comprehensive demographic data, which makes it challenging to provide a precise analysis of the rental market and the prevalence of Section 8 tenants. However, based on the available information, we can infer some key points.
Without specific population figures, it's unclear whether the area is predominantly a renter-heavy zone or if homeownership dominates. The absence of data on the percentage of renters suggests that there might be a significant number of homeowners in the area, but this is speculative due to insufficient data.
Moving onto median household income, the data is also unavailable, making it difficult to accurately gauge the economic conditions of the residents. This lack of income data complicates understanding how much of the local income is consumed by typical market rents. To get a clearer picture, we would need to know the average market rent in the area and compare it against the median income.
The Fair Market Rent (FMR) for the ZIP code 30085 is set at $1860 for fiscal year 2024. This figure represents the maximum amount that a Section 8 voucher holder can receive to cover their rent. Landlords should use this as a benchmark when setting rents for properties that accept Section 8 vouchers.
Given the limited data, landlords in ZIP 30085 can expect a mix of tenants, including those who might rely on Section 8 vouchers. However, without detailed income distribution and rent price data, it's impossible to determine the exact proportion of voucher holders among the tenant pool. For landlords aiming to attract Section 8 tenants, ensuring that rents align with the $1860 FMR will be crucial.
To make informed decisions, landlords and small-portfolio investors should seek out more detailed local market data, including rental rates and income levels. This additional information would help clarify the extent of Section 8 demand and the typical tenant profile in 30085.
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.