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 | $1,270 |
| 1 Bedroom | $1,320 |
| 2 Bedrooms | $1,440 |
| 3 Bedrooms | $1,720 |
| 4 Bedrooms | $2,040 |
| 5 Bedrooms | $2,366 |
| 6 Bedrooms | $2,650 |
| 7 Bedrooms | $2,862 |
| 8 Bedrooms | $3,005 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,720 | $290,121 | 0.59% | F |
U.S. Census Bureau data (2024)
The ZIP code 30137 presents an interesting scenario for both renters and landlords. The median income here stands at $78,629, which places a significant constraint on rental affordability. At the market rate of $1,403 per month, as reported by the Census ACS, a household would need to allocate approximately 22.9% of their gross annual income towards rent alone. This figure highlights the tight budget many residents face when seeking housing.
In comparison, the Fair Market Rent (FMR) set at $1,320 for ZIP 30137 in fiscal year 2024 offers a slightly more affordable option. However, the difference between the market rate and the FMR is minimal, indicating that even with the voucher, the cost remains relatively high. The fact that only 25.7% of the 1,709 population are renters suggests a competitive market where landlords must carefully consider their pricing strategy to attract tenants.
The affordability gap means that landlords in ZIP 30137 will face stiff competition if they price their units above the FMR. Given the limited number of renters and the high median income, those who can afford market rates might prefer properties that offer amenities and quality over others. On the other hand, those who rely on vouchers might have fewer options, making them more selective about the location and condition of the property.
For landlords considering their strategy, it is essential to recognize the balance between voucher payments and cash-paying tenants. While voucher payments ensure a steady income, they come with additional administrative burdens and may limit flexibility in setting rents. Cash-paying tenants, although potentially offering higher rents, require a well-located and maintained property to compete effectively in the market. In conclusion, landlords should weigh the benefits and challenges of both approaches, keeping in mind the local economic conditions and the preferences of potential tenants.
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.