Location: Atlanta-Sandy Springs-Roswell, GA | Metro: Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,630 |
| 1 Bedroom | $1,700 |
| 2 Bedrooms | $1,850 |
| 3 Bedrooms | $2,200 |
| 4 Bedrooms | $2,620 |
| 5 Bedrooms | $3,039 |
| 6 Bedrooms | $3,404 |
| 7 Bedrooms | $3,676 |
| 8 Bedrooms | $3,860 |
The ZIP code 30272 presents a dynamic rental market that is currently underserved by available data. The Fair Market Rent (FMR) for the area, set at $1940 for fiscal year 2024, provides a benchmark for rental pricing, indicating what landlords can charge to remain competitive and viable under federal housing assistance programs.
Absent specific market rent figures, it's reasonable to infer that the FMR serves as a significant guideline for actual rents in the area. This suggests a market where federal standards play a crucial role in setting expectations for both tenants and landlords.
The lack of data on price-cut shares and days on market (DOM) prevents a detailed analysis of the current supply-demand balance. However, if the FMR is closely aligned with prevailing rents, it may indicate a market where demand meets supply, though this remains speculative without concrete numbers.
ZIP 30272's undefined percentage of renter share offers insight into the potential for long-term housing pressure. A high renter share typically correlates with increased competition for rental units and sustained upward pressure on rents, while a low share might suggest a more stable market with less urgency for rental properties. The absence of this figure means we cannot definitively state the direction of housing pressure but implies a need for further investigation into local demographics and economic factors that influence housing choices.
In summary, ZIP 30272 operates within a framework where federal guidelines significantly impact rental pricing. The market's dynamics are unclear due to missing data points, yet the reliance on FMR indicates a potentially balanced market. Landlords and small-portfolio investors should monitor changes in FMR and local economic conditions closely to adapt their strategies effectively.
Data Sources: FMR data from HUD (2027).
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.