Location: Lamar 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 | $910 |
| 1 Bedroom | $940 |
| 2 Bedrooms | $1,030 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,670 |
| 5 Bedrooms | $1,937 |
| 6 Bedrooms | $2,169 |
| 7 Bedrooms | $2,343 |
| 8 Bedrooms | $2,460 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,030 | $226,745 | 0.45% | F |
| 3BR | $1,390 | $271,352 | 0.51% | F |
| 4BR | $1,670 | $334,839 | 0.5% | F |
| 5BR | $1,937 | $438,919 | 0.44% | F |
U.S. Census Bureau data (2024)
The classification of ZIP 30233 in Jackson, Georgia, hinges on its financial metrics. With a Fair Market Rent (FMR) of $1,260 for the fiscal year 2024, it falls below the market rent of $1,628. This suggests that landlords can expect a yield that is somewhat lower than the local market average. The median home value of $279,437 indicates a moderate investment cost, which, when combined with the FMR, suggests a reasonable but not exceptional return on investment.
On the stability axis, the data points towards a mixed scenario. Renters constitute 23.3% of the population, which is relatively low, indicating a smaller pool of potential tenants. The days on market (DOM) figure stands at 80 days, suggesting some level of difficulty in renting out properties quickly. Additionally, the median household income of $74,222 provides insight into the economic conditions of the area, where tenants might find it challenging to afford higher rents.
Considering these factors, ZIP 30233 does not fit neatly into either a high-yield/low-stability 'flip-style' market or a steady-cashflow zone. Instead, it represents an area with modest yield opportunities and moderate stability challenges. The lower renter percentage and higher DOM indicate a less stable rental environment compared to areas with higher tenant turnover and shorter vacancy periods. However, the income levels and median home values suggest that while the market isn't highly volatile, it also doesn't offer the consistent cash flow that investors typically seek in stable markets.
To summarize, for landlords and small-portfolio investors, ZIP 30233 offers a balanced scenario where yields are respectable but not outstanding, and stability is present but not robust. Investors should be prepared for a moderate investment climate that requires careful management to achieve optimal returns.
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.