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 | $790 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,450 |
| 5 Bedrooms | $1,682 |
| 6 Bedrooms | $1,884 |
| 7 Bedrooms | $2,035 |
| 8 Bedrooms | $2,137 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,000 | $227,138 | 0.44% | F |
| 3BR | $1,380 | $288,115 | 0.48% | F |
| 4BR | $1,450 | $366,661 | 0.4% | F |
U.S. Census Bureau data (2024)
16.3% of Milner, GA's residents are renters, indicating a significant portion of the population relies on rental properties. This makes it an attractive area for landlords and small-portfolio investors looking to capitalize on the demand. The $299,778 median home value suggests a moderate to high-value neighborhood, which can influence rental pricing and property values positively over time. However, the $913 market rent, based on Census ACS data, indicates that rental rates are currently lower than what might be expected given the median home value. For comparison, the $1160 Fair Market Rent (FMR) for zip code 30257 in fiscal year 2024 is notably higher, highlighting a potential opportunity for landlords to adjust their rents closer to the FMR without alienating tenants. The $67,941 median income is a critical figure for understanding the economic capacity of the area's residents to pay higher rents. Despite the lack of specific data on days on market (DOM), the 0.2% price-cut share suggests that most listings are sold at or near their asking price, implying strong seller's market conditions. This could translate into fewer incentives for landlords to offer deep discounts or extensive amenities to attract tenants. In conclusion, the disparity between the market rent and the FMR presents a strategic investment opportunity for those willing to manage properties effectively and stay informed about local housing trends. The Section 8 program, with its set rent guidelines, can be a stable source of income but may not fully capture the potential rental value in this area. Milner, GA is suitable for Section 8 participation, but landlords should also explore opportunities above the subsidized rent levels.
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.