Location: Atlanta-Sandy Springs-Roswell, GA | Metro: Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,140 |
| 1 Bedroom | $1,190 |
| 2 Bedrooms | $1,290 |
| 3 Bedrooms | $1,540 |
| 4 Bedrooms | $1,830 |
| 5 Bedrooms | $2,123 |
| 6 Bedrooms | $2,378 |
| 7 Bedrooms | $2,568 |
| 8 Bedrooms | $2,696 |
U.S. Census Bureau data (2024)
164,952 The median home value in ZIP 30297, Forest Park, GA, stands at $164,952, indicating a relatively affordable housing market. 61.8% A significant portion of residents, 61.8%, are renters, suggesting a robust demand for rental properties. $1,237 Market rents, as measured by ZORI, are set at $1,237 per month, which provides a benchmark for potential rental income. $1370 However, the Fair Market Rent (FMR) for Section 8 is higher at $1370, offering landlords a competitive advantage when participating in the program. $45,124 With a median income of $45,124, many households may find it challenging to afford market rents without assistance, further underlining the importance of Section 8 in the local rental landscape. 0.3% The low price-cut share of 0.3% suggests that property values are stable, and landlords can expect consistent returns on investment without the need to frequently adjust rental rates. N/A-day DOM While the average days on market (DOM) is not available, the combination of high renter share and stable property values implies a brisk rental market. $1370 In conclusion, given the favorable FMR of $1370 compared to the market rent, Section 8 participation in Forest Park, GA, offers a reliable path to steady rental income.
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.