Section 8 Fair Market Rent (FMR) for ZIP 30141 - 2027

Location: Atlanta-Sandy Springs-Roswell, GA | Metro: Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area

Investment Score for ZIP 30141

D
Monthly Rent (2BR)
$1,890
Median Price (2BR)
$251,857
1% Rule
0.75%
Annual Yield
9.01%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,670
1 Bedroom$1,740
2 Bedrooms$1,890
3 Bedrooms$2,250
4 Bedrooms$2,670
5 Bedrooms$3,097
6 Bedrooms$3,469
7 Bedrooms$3,747
8 Bedrooms$3,934

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,890 $251,857 0.75% D
3BR $2,250 $301,611 0.75% D
4BR $2,670 $353,146 0.76% D
5BR $3,097 $398,578 0.78% D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
27,220
Median Household Income
$86,824
Housing Units
9,273
Renter Percentage
25.5%
Occupancy Rate
95.7%
Renter Occupied
2,265

The ZIP code 30141, located in Hiram, Georgia, presents a unique opportunity for landlords and small-portfolio investors interested in Section 8 tenants. With a population of 27,220, 25.5% of residents are renters, indicating a moderate presence of rental housing. However, the median household income stands at $86,824, which suggests that while there is a substantial number of renters, they may not all qualify for Section 8 vouchers due to income constraints.

The market rent in this area is $1,990, which represents approximately 23% of the median household income. This percentage is relatively high, indicating that typical rents consume a significant portion of local incomes. Comparatively, the Fair Market Rent (FMR) for FY 2024 is set at $1,890, suggesting that the actual market rent slightly exceeds the FMR by about $100. This difference could impact the number of qualified Section 8 tenants available, as voucher amounts are typically based on FMRs.

A landlord in ZIP 30141 can expect a mix of tenants, but those who rely on Section 8 vouchers will likely be a smaller subset of the total rental market. These tenants will generally have lower incomes, often below 50% of the area median income (AMI), which is necessary to qualify for the program. The typical Section 8 tenant in this ZIP would allocate a larger portion of their income towards rent, making it essential for landlords to ensure that their properties meet the program's requirements for both quality and cost.

To summarize, while Hiram, GA has a decent share of renters, the overall income levels suggest that the majority of residents might not need or qualify for Section 8 assistance. Landlords should prepare for a niche market of tenants who rely on vouchers, keeping in mind that these tenants will be subject to rigorous eligibility criteria and may require additional support in managing their rental obligations.

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.