Section 8 Fair Market Rent (FMR) for ZIP 30149 - 2027

Location: Rome, GA | Metro: Rome, GA MSA

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$850
1 Bedroom	$990
2 Bedrooms	$1,220
3 Bedrooms	$1,600
4 Bedrooms	$1,600
5 Bedrooms	$1,856
6 Bedrooms	$2,079
7 Bedrooms	$2,245
8 Bedrooms	$2,357

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,781

Median Household Income

$N/A

Housing Units

Renter Percentage

100.0%

Occupancy Rate

100.0%

Renter Occupied

The ZIP code 30149, located in Georgia, is characterized by a strong reliance on rental properties, with 100.0% of residents being renters. This makes it a prime location for landlords and small-portfolio investors looking to capitalize on the demand for affordable housing. The Fair Market Rent (FMR) for the area, as of fiscal year 2024, stands at $1090, providing a benchmark for rental pricing. However, specific data points such as the market rent, median home value, days on market (DOM), and median income are currently unavailable, which limits a comprehensive financial analysis but underscores the importance of staying informed through local real estate trends.

Fair Market Rent: The FMR for ZIP 30149 is set at $1090, indicating the average rental price for a two-bedroom apartment in the area.
Renter Share: With a 100.0% renter share, the area has no homeowners, suggesting a high demand for rental properties.
Days on Market: The lack of DOM data means that the time it takes for properties to be rented out cannot be quantified, though a fully rented market suggests quick turnover.
Median Income: The absence of median income data complicates assessing the financial stability of potential tenants, though the reliance on rental properties hints at affordability being a key factor.

In summary, ZIP 30149 presents a unique opportunity for investors due to its complete reliance on rental properties. The Fair Market Rent provides a solid starting point for setting competitive rates, and the high tenant share indicates a robust demand. While missing data on median income and DOM introduces some uncertainty, the focus should remain on securing properties that can be rented close to the FMR of $1090, ensuring steady cash flow and minimizing vacancy risks.

Data Sources: FMR data from HUD (2027). 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.