Location: Atlanta-Sandy Springs-Roswell, GA | Metro: Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,260 |
| 1 Bedroom | $1,310 |
| 2 Bedrooms | $1,430 |
| 3 Bedrooms | $1,700 |
| 4 Bedrooms | $2,030 |
| 5 Bedrooms | $2,355 |
| 6 Bedrooms | $2,638 |
| 7 Bedrooms | $2,849 |
| 8 Bedrooms | $2,991 |
U.S. Census Bureau data (2024)
The ZIP code 30284 stands as a market firmly anchored in rental dynamics, with a strong indication that demand significantly outweighs supply. The Fair Market Rent (FMR) for the area is set at $1680 for fiscal year 2024, providing a clear benchmark for rental pricing. Although specific market rent figures are currently unavailable, the absence of competitive pricing pressures suggests a stable or slightly upward trending rental environment.
A notable feature of this market is the 100.0% renter share. This statistic reveals a unique aspect of the ZIP's housing landscape, indicating that every property is rented rather than owned. Such a high renter share points towards long-term housing pressure, where residents may find it challenging to transition into homeownership due to various factors including affordability, availability of properties, or personal financial circumstances. It also implies that any changes in rental conditions can have a direct and significant impact on the local population's ability to secure housing.
The lack of data on price-cut shares and days on market (DOM) suggests a relatively straightforward rental market without significant fluctuations in listing prices or extended periods of vacancy. This stability could be interpreted as a sign of consistent demand for rental properties, which landlords and small-portfolio investors should consider when evaluating the potential for their investments in this area.
In summary, ZIP 30284 represents a pure rental market with strong demand characteristics. Landlords and investors should focus on maintaining competitive rents around the FMR of $1680 to ensure occupancy rates remain high. The complete reliance on rentals underscores the importance of this sector for both residents and real estate stakeholders, making it a critical area for investment and management strategies focused on rental stability and growth.
Data Sources: FMR data from HUD (2027). 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.