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 | $1,900 |
| 1 Bedroom | $1,980 |
| 2 Bedrooms | $2,150 |
| 3 Bedrooms | $2,560 |
| 4 Bedrooms | $3,050 |
| 5 Bedrooms | $3,538 |
| 6 Bedrooms | $3,963 |
| 7 Bedrooms | $4,280 |
| 8 Bedrooms | $4,494 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,980 | $259,145 | 0.76% | D |
| 2BR | $2,150 | $471,424 | 0.46% | F |
| 3BR | $2,560 | $963,959 | 0.27% | F |
| 4BR | $3,050 | $1,327,107 | 0.23% | F |
| 5BR | $3,538 | $1,874,844 | 0.19% | F |
U.S. Census Bureau data (2024)
ZIP 30306, located within the Atlanta-Sandy Springs-Roswell HUD Metro FMR Area, presents a unique opportunity for landlords and small-portfolio investors interested in diversifying their real estate investments. This area is best suited as a diversifier due to its high median income and significant renter share.
The median income in ZIP 30306 is $123,077, which is considerably higher than the national average. This indicates a robust local economy capable of supporting various types of housing demand, including rental properties. The Fair Market Rent (FMR) for the area in fiscal year 2024 is set at $2360, providing a clear benchmark for rental pricing. However, the actual market rent is currently at $1,934, suggesting that there's potential for increasing rents to align more closely with the FMR, especially given the high median income levels.
A key factor in considering ZIP 30306 as a diversifier is the 41.9% renter share. This figure is indicative of a substantial portion of the population preferring or needing to rent rather than own property. Such a high percentage of renters supports the viability of rental properties and can provide steady cash flow, particularly when paired with the relatively low 0.2% price-cut share and a moderate 39-day days on market (DOM).
The median home value in ZIP 30306 is $947,620, which is quite high compared to many other areas in the Atlanta metropolitan region. This high home value could deter first-time buyers but also suggests a strong demand for rentals among those who cannot afford to purchase homes at these prices. It also implies that the cost of acquiring rental properties in this area might be higher, but the potential for higher rental income exists due to the strong economic base and willingness to pay.
In summary, ZIP 30306 should be considered as a diversifier in a Section 8 portfolio strategy. Its high median income and significant renter share make it an attractive option for investors looking to spread risk across different market segments while maintaining a strong potential for cash flow and appreciation. The current market rent is below the FMR, presenting an opportunity to gradually increase rents without significantly impacting the tenant pool, thereby enhancing the overall profitability of the investment portfolio.
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.