Location: Atlanta-Sandy Springs-Roswell, 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 | $1,410 |
| 1 Bedroom | $1,470 |
| 2 Bedrooms | $1,600 |
| 3 Bedrooms | $1,910 |
| 4 Bedrooms | $2,260 |
| 5 Bedrooms | $2,622 |
| 6 Bedrooms | $2,937 |
| 7 Bedrooms | $3,172 |
| 8 Bedrooms | $3,331 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,910 | $221,986 | 0.86% | C |
| 4BR | $2,260 | $277,821 | 0.81% | C |
| 5BR | $2,622 | $315,488 | 0.83% | C |
U.S. Census Bureau data (2024)
ZIP 30273, located within the Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area, serves as a cash-flow anchor within a Section 8 portfolio strategy. The HUD Fair Market Rent (FMR) for a 2-bedroom unit in this area is set at $1,750 per month for FY 2024. In contrast, the market rent for a 2-bedroom unit is currently at $1,845 per month, with a median home value of $232,392.
The spread between the FMR and market rent is relatively narrow, indicating that landlords can expect stable cash flows from tenants utilizing Section 8 vouchers. While the FMR is slightly below the market rent, the difference is minimal, ensuring that the property remains affordable for eligible tenants without significantly impacting the landlord's income.
The median income in ZIP 30273 is $73,502, which aligns well with the affordability requirement for renting a 2-bedroom unit at FMR. Based on the 30% affordability rule, a household would need an annual income of at least $72,800 to afford a 2-bedroom unit at the FMR. Therefore, the majority of residents in this ZIP code are likely to meet the income eligibility criteria for Section 8 assistance.
The low price-cut share of 0.3% suggests that there is little incentive for landlords to reduce their rental prices to attract Section 8 tenants, given the already competitive market conditions. Additionally, the median income supports the notion that this ZIP code is suitable for a cash-flow anchor strategy, as it ensures a steady stream of qualified tenants who can afford the rent.
In summary, ZIP 30273 is best suited as a cash-flow anchor within a Section 8 portfolio due to its narrow spread between FMR and market rent, low price-cut share, and median income that aligns with affordability requirements.
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.