Location: Haralson County, GA | Metro: Haralson County, 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 | $780 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,030 |
| 3 Bedrooms | $1,240 |
| 4 Bedrooms | $1,590 |
| 5 Bedrooms | $1,844 |
| 6 Bedrooms | $2,065 |
| 7 Bedrooms | $2,230 |
| 8 Bedrooms | $2,342 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,030 | $177,358 | 0.58% | F |
| 3BR | $1,240 | $247,821 | 0.5% | F |
| 4BR | $1,590 | $316,857 | 0.5% | F |
U.S. Census Bureau data (2024)
The Section 8 market in ZIP code 30176, Tallapoosa, GA, presents a favorable scenario for landlords and small-portfolio investors. The HUD Fair Market Rent (FMR) for the area is set at $1130 per month for the fiscal year 2024. In contrast, the Census American Community Survey (ACS) reports the average market rent for the same area at $888. This indicates that voucher tenants can indeed provide positive cash flow to landlords when the HUD FMR is applied.
To further analyze the market, the median home value in ZIP 30176 is $237,561. Using this figure, we can calculate the rent-to-price ratio. With an average market rent of $888, the annual rent would be approximately $10,656, resulting in a rent-to-price ratio of roughly 4.5%. This suggests that rental income represents a significant portion of the property's value, which can be attractive to investors looking for steady cash flow.
However, it's important to note that the HUD FMR of $1130 is higher than the average market rent. This means that landlords who accept Section 8 vouchers will likely see a better cash flow than those renting at the market rate. The difference between the FMR and the market rent implies that voucher tenants can cover more than just the basic operating costs of a rental unit, providing a buffer for landlords.
The data also shows that the median days on market (DOM) is N/A and the percentage of homes that experienced price cuts is 0.4%. While these figures are less informative due to the lack of DOM data, the low price-cut share suggests that the housing market is relatively stable. This stability can be beneficial for investors, as it reduces the risk of significant price fluctuations affecting their investment.
In conclusion, the strongest angle for investors in ZIP 30176 is cash flow. Given the discrepancy between the HUD FMR and the market rent, landlords can expect a positive cash flow from Section 8 voucher tenants, making it an attractive option for generating consistent income from rental properties.
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.