Location: Gilmer 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 | $1,080 |
| 1 Bedroom | $1,120 |
| 2 Bedrooms | $1,220 |
| 3 Bedrooms | $1,450 |
| 4 Bedrooms | $1,730 |
| 5 Bedrooms | $2,007 |
| 6 Bedrooms | $2,248 |
| 7 Bedrooms | $2,428 |
| 8 Bedrooms | $2,549 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,220 | $309,282 | 0.39% | F |
| 3BR | $1,450 | $415,707 | 0.35% | F |
| 4BR | $1,730 | $602,589 | 0.29% | F |
| 5BR | $2,007 | $733,313 | 0.27% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 30143, Jasper, Georgia, in fiscal year 2024 is set at $1360. This figure represents the maximum amount that a landlord can receive from the Housing Choice Voucher program, commonly known as Section 8, for renting a unit in this area. It is important to note that this is not the rent you will charge your tenants; it is the reimbursement limit from the government.
In comparison, the average rent in Jasper, according to the latest Census American Community Survey (ACS), is $1,152. This indicates that the FMR is slightly above the local average, which could be beneficial for landlords looking to offset some of the costs associated with maintaining rental properties.
Jasper has an 18.1% share of renters in its population. This suggests a moderate demand for rental housing, making it feasible for landlords to find eligible tenants for the Section 8 program. However, the competition for tenants might vary, so it's crucial to ensure your property meets the necessary requirements to attract Section 8 participants.
The median home value in Jasper is approximately $427,778, which can provide insight into the potential acquisition cost for a rental property. This figure is indicative of the typical price range for homes in the area, but remember that rental properties can often be found at lower prices, especially if they require some improvements.
Before deciding to participate in the Section 8 program, it is essential to verify that your property complies with the Housing Quality Standards (HQS). These standards ensure that the rental unit is safe, decent, and sanitary. A thorough inspection and any required repairs must be completed to meet these criteria, which are necessary for approval under the Section 8 program.
In summary, the FMR of $1360 provides a clear reimbursement ceiling for landlords in Jasper, Georgia. With the local average rent at $1,152 and an 18.1% renter share, there is a reasonable demand for rental housing. The median home value gives you an idea of what you might expect to pay for a property. Ensure your property meets HQS to avoid delays and complications once you decide to enter the Section 8 market.
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.