Location: Gordon County, 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 | $900 |
| 1 Bedroom | $1,030 |
| 2 Bedrooms | $1,180 |
| 3 Bedrooms | $1,540 |
| 4 Bedrooms | $1,810 |
| 5 Bedrooms | $2,100 |
| 6 Bedrooms | $2,352 |
| 7 Bedrooms | $2,540 |
| 8 Bedrooms | $2,667 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,180 | $219,107 | 0.54% | F |
| 3BR | $1,540 | $315,012 | 0.49% | F |
| 4BR | $1,810 | $454,430 | 0.4% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 30139 in Fairmount, Georgia, for fiscal year 2024 is set at $1,320. This figure represents the maximum amount that a landlord can charge a tenant participating in the Section 8 Housing Choice Voucher program. It's important to note that this is not the actual rent you will receive; it's the benchmark used by the Department of Housing and Urban Development (HUD) to ensure that rents are reasonable.
In comparison, the average rent in ZIP 30139 based on recent Census data is approximately $1,068. This indicates that the FMR is higher than the typical market rate, which could be advantageous for landlords who want to maximize their income through the Section 8 program.
The local area has a renter share of 16.1%, meaning that slightly over one-sixth of the population are renters. This suggests there is a steady demand for rental properties, including those covered under the Section 8 program. However, the demand does not necessarily indicate a high volume of tenants, so it's crucial to understand the local market dynamics before committing to a Section 8 rental.
When considering the acquisition cost of a property in this ZIP code, the median home value is around $308,711. This figure helps potential investors gauge the investment required to enter the Section 8 market in Fairmount. It's essential to factor in maintenance costs, vacancy rates, and the administrative burden of managing a Section 8 property when assessing the overall financial feasibility.
Before proceeding with a Section 8 rental in ZIP 30139, verify that your property meets all the necessary standards for habitability and safety. HUD requires that all units must pass a thorough inspection to ensure they comply with health and safety regulations. This step is critical to avoid any penalties or complications that might arise from non-compliance.
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.