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 | $1,250 |
| 1 Bedroom | $1,300 |
| 2 Bedrooms | $1,420 |
| 3 Bedrooms | $1,690 |
| 4 Bedrooms | $2,010 |
| 5 Bedrooms | $2,332 |
| 6 Bedrooms | $2,612 |
| 7 Bedrooms | $2,821 |
| 8 Bedrooms | $2,962 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,420 | $149,400 | 0.95% | C |
| 3BR | $1,690 | $194,784 | 0.87% | C |
| 4BR | $2,010 | $229,810 | 0.87% | C |
| 5BR | $2,332 | $254,335 | 0.92% | C |
U.S. Census Bureau data (2024)
1560 is the Fair Market Rent (FMR) for ZIP code 30274, Riverdale, GA, for fiscal year 2024. 1601 is the actual Zillow Observed Rent Index (ZORI), indicating a slight premium over the FMR in the local rental market. The median home value in this area stands at 200574, offering a solid investment base for real estate ventures. With 51.7% of residents being renters, the demand for rental properties is robust, making it an attractive market for landlords and small-portfolio investors. The median income of 52209 suggests that while residents have sufficient earnings to cover their living expenses, they are likely to be sensitive to rental costs, emphasizing the importance of competitive pricing. A 45-day Days on Market (DOM) indicates that properties are typically sold relatively quickly, which can be advantageous for flipping or selling homes in a short period. However, the low 0.2% price-cut share shows that sellers generally do not need to reduce their asking prices significantly to attract buyers, reflecting a stable market where property values hold well. Given these factors, landlords should aim to keep their rents close to the FMR to remain competitive while still achieving reasonable profits. For small-portfolio investors, focusing on rental properties could yield higher returns due to the strong tenant demand. In conclusion, Riverdale, GA, remains a favorable location for Section 8 participation, with its balanced market conditions and high renter share.
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.