Location: Atlanta-Sandy Springs-Roswell, GA | Metro: Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,300 |
| 1 Bedroom | $1,350 |
| 2 Bedrooms | $1,470 |
| 3 Bedrooms | $1,750 |
| 4 Bedrooms | $2,080 |
| 5 Bedrooms | $2,413 |
| 6 Bedrooms | $2,703 |
| 7 Bedrooms | $2,919 |
| 8 Bedrooms | $3,065 |
The ZIP code 30287 in Atlanta-Sandy Springs-Roswell, Georgia, stands out due to limited data availability. However, it is distinct for its Federal Market Rent (FMR) set at $1560 for fiscal year 2024, which serves as a benchmark for housing costs in the area.
Despite the lack of specific figures for residents, rental percentage, median income, and median home value, the FMR provides insight into the voucher economics. The FMR is used to determine payment standards for Section 8 Housing Choice Vouchers. For landlords and small-portfolio investors, this means that the maximum rent allowed under the voucher program will be capped at $1560 per month for a standard unit in ZIP 30287.
Without detailed market rent data, it's challenging to compare the FMR against local market rates. However, the FMR can be seen as a stable indicator, reflecting federal guidelines rather than volatile local market conditions. This stability is beneficial for investors and landlords who rely on consistent cash flows.
In conclusion, while the data signature for ZIP 30287 is incomplete, the FMR of $1560 for fiscal year 2024 offers a reliable metric for understanding the economic dynamics of the voucher program in the area. The absence of other specific data points suggests a transitional phase where more detailed information might become available in the future, potentially offering clearer insights into the overall stability of the housing market in this ZIP code.
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.