Location: Butts 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 | $1,010 |
| 1 Bedroom | $1,020 |
| 2 Bedrooms | $1,220 |
| 3 Bedrooms | $1,620 |
| 4 Bedrooms | $1,930 |
| 5 Bedrooms | $2,239 |
| 6 Bedrooms | $2,508 |
| 7 Bedrooms | $2,709 |
| 8 Bedrooms | $2,844 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,620 | $276,122 | 0.59% | F |
U.S. Census Bureau data (2024)
The ZIP code 30234 is situated in a suburban neighborhood characterized by a relatively small population of 2,157 residents. Approximately 22.9% of these residents are renters, indicating a modest demand for rental properties. The median household income in this area stands at $56,905, which suggests a middle-class community. The median home value is $262,117, reflecting the typical cost of homeownership.
In terms of rent economics, the Fair Market Rent (FMR) for ZIP 30234 in fiscal year 2024 is set at $1,510. This figure contrasts sharply with the actual market rent, which is reported at $699 according to the latest Census ACS data. This discrepancy implies that there is a significant gap between the government's valuation of rent and the reality of what tenants can afford in the area.
Given these economic conditions, ZIP 30234 would likely be more suitable for a hands-on value-add buyer rather than a hands-off voucher operator. The low market rent suggests that there is room for improvement in property management and renovation to justify higher rents that align closer with the FMR. For a landlord or small-portfolio investor looking to actively manage their properties and increase their value, this ZIP code presents an opportunity to create more profitable investments by enhancing the quality and appeal of the rental units.
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.