Section 8 Fair Market Rent (FMR) for ZIP 30214 - 2027

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

Investment Score for ZIP 30214

D
Monthly Rent (2BR)
$1,780
Median Price (2BR)
$267,463
1% Rule
0.67%
Annual Yield
7.99%

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$1,570
1 Bedroom$1,640
2 Bedrooms$1,780
3 Bedrooms$2,120
4 Bedrooms$2,520
5 Bedrooms$2,923
6 Bedrooms$3,274
7 Bedrooms$3,536
8 Bedrooms$3,713

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 $1,780 $267,463 0.67% D
3BR $2,120 $339,253 0.62% D
4BR $2,520 $431,319 0.58% F
5BR $2,923 $572,919 0.51% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
31,811
Median Household Income
$89,912
Housing Units
12,580
Renter Percentage
18.7%
Occupancy Rate
93.9%
Renter Occupied
2,209

The ZIP code 30214, located in Fayetteville, GA, has a population of 31,811 residents, with 18.7% being renters. This indicates that while there is a notable presence of renters, the area is predominantly homeowner-dominated. The median household income in this ZIP code is $89,912, which provides a basis for understanding the economic context of potential tenants.

The market rent in ZIP 30214 is $2,246, which represents approximately 25% of the median household income. This percentage suggests that rent constitutes a significant portion of the average income, potentially making it challenging for tenants without financial assistance to afford housing in this area. In comparison, the Fair Market Rent (FMR) for the fiscal year 2024 is set at $1,940, indicating that market rents are higher than the government's benchmark for affordable housing.

The disparity between the market rent and the FMR highlights a scenario where vouchers could be particularly valuable. However, given the lower percentage of renters and the higher median income, it is likely that the number of available Section 8 vouchers is limited, leading to a situation where landlords may find fewer tenants utilizing these vouchers compared to more renter-heavy areas with lower median incomes.

A landlord in ZIP 30214 can expect a tenant profile that includes individuals and families who are either earning close to or above the median income or those who have access to financial assistance such as Section 8 vouchers. The latter group will be more sensitive to rent prices, given that the market rent exceeds the FMR by about $306 per month. Landlords should prepare to attract tenants who can afford the higher rents or those who are willing to seek out subsidies to make up the difference.

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.