Location: Meriwether County, GA | Metro: Meriwether County, 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 | $760 |
| 1 Bedroom | $770 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,510 |
| 5 Bedrooms | $1,752 |
| 6 Bedrooms | $1,962 |
| 7 Bedrooms | $2,119 |
| 8 Bedrooms | $2,225 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,390 | $190,982 | 0.73% | D |
U.S. Census Bureau data (2024)
The ZIP code 30293 presents a dynamic rental market that reflects a balance between supply and demand, but leans slightly towards higher demand. The Fair Market Rent (FMR) for the area is set at $950 for fiscal year 2024, which is notably higher than the reported market rent of $675 based on Census American Community Survey (ACS) data. This suggests that while there may be ample supply, the actual rents being charged are lower than what the government deems fair, indicating potential upward pressure on rents.
The median home value in the ZIP is $186,724, which could imply that homeownership is relatively affordable compared to other areas. However, with only 10.3% of the population being renters, this points to a significant number of homeowners who might be less likely to move, thereby creating a more stable long-term housing situation. Despite this low renter share, it's important to note that the percentage of homes experiencing price cuts and days on the market (DOM) are not available, making it difficult to assess the immediate liquidity of the rental market.
The discrepancy between the FMR and the market rent suggests that landlords and small-portfolio investors have room to adjust their pricing upwards without significantly deterring tenants. The relatively low percentage of renters indicates a strong preference for homeownership, which can be seen as a positive sign for the stability of the local economy and the desirability of the area for long-term residents.
In summary, ZIP 30293 offers a market where demand appears to be steady, if not slightly exceeding supply, especially when considering the government's assessment of fair market values. The low renter share hints at a community where homeownership is prevalent, potentially leading to less turnover and more consistent rental income for investors.
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.