Location: Chattooga County, GA | Metro: Rome, GA MSA
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 | $740 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $1,080 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 5BR | $1,705 | $200,385 | 0.85% | C |
U.S. Census Bureau data (2024)
The real estate market in ZIP code 30105 presents a unique opportunity for both landlords and small-portfolio investors. With a median home value of $277,881, the area is relatively affordable compared to many other markets. However, the lack of percentage data on listings that have been reduced and the median days on market (DOM) suggest a stable market without significant downward pressure on prices. This stability can be indicative of strong pricing power over the next 12-24 months, assuming no major economic downturns.
On the rental side, the Fair Market Rent (FMR) for ZIP 30105 in fiscal year 2024 is set at $1,000. In contrast, the current market rent based on Census ACS data is approximately $698. This gap between the FMR and the actual market rent signals a potential increase in rental income for property owners. As government programs such as Section 8 often use FMR as a benchmark, the higher FMR could translate into increased subsidies for tenants, making it easier for landlords to maintain higher rents without losing tenants.
For long-term hold investors, the setup implies a realistic appreciation thesis. The stable housing market, coupled with the potential for rising rents, suggests that property values are likely to remain steady or even grow slightly. However, given the limited data on price reductions and DOM, caution should be exercised. There is no guarantee of rapid appreciation, but the conditions are favorable for maintaining or gradually increasing property values, which aligns well with a buy-and-hold strategy.
In summary, ZIP 30105 offers a balanced market environment where pricing power remains intact, and there is room for rental income growth. While immediate rapid appreciation may not be assured, the fundamentals support a positive outlook for long-term investment, particularly for those looking to leverage the rental market through Section 8 or similar programs.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.