Location: Atlanta-Sandy Springs-Roswell, GA | Metro: Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,400 |
| 1 Bedroom | $1,460 |
| 2 Bedrooms | $1,590 |
| 3 Bedrooms | $1,890 |
| 4 Bedrooms | $2,250 |
| 5 Bedrooms | $2,610 |
| 6 Bedrooms | $2,923 |
| 7 Bedrooms | $3,157 |
| 8 Bedrooms | $3,315 |
U.S. Census Bureau data (2024)
The ZIP code 30187 in Winston, GA, is a middle-class suburban neighborhood with a total population of 8,137. Only 10.5% of the residents are renters, indicating a primarily owner-occupied community. The median household income here is $101,702, which is above the national average, suggesting a financially stable populace. Median home values stand at $349,165, reflecting a moderately expensive housing market.
Moving into the realm of rental economics, the Fair Market Rent (FMR) for ZIP 30187 in fiscal year 2024 is set at $1,430. This figure contrasts sharply with the actual market rent reported by the Census Bureau's American Community Survey (ACS), which is $997. This discrepancy highlights an opportunity for landlords and small-portfolio investors who can leverage the higher FMR rates offered by the Section 8 program to achieve better returns on their investment properties.
Given these economic dynamics, ZIP 30187 is well-suited for both hands-off voucher operators and hands-on value-add buyers. For hands-off operators, the area’s relatively low percentage of renters means fewer units will be needed to participate in the Section 8 program, making it easier to manage a smaller portfolio effectively. Meanwhile, hands-on investors can capitalize on the difference between FMR and market rents by improving properties and positioning them for higher voucher-based rents. The stable income levels and moderate home values also provide a solid foundation for long-term investment strategies.
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.