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 | $2,330 |
| 1 Bedroom | $2,430 |
| 2 Bedrooms | $2,640 |
| 3 Bedrooms | $3,150 |
| 4 Bedrooms | $3,740 |
| 5 Bedrooms | $4,338 |
| 6 Bedrooms | $4,859 |
| 7 Bedrooms | $5,248 |
| 8 Bedrooms | $5,510 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $2,430 | $258,757 | 0.94% | C |
| 2BR | $2,640 | $411,441 | 0.64% | D |
| 3BR | $3,150 | $896,697 | 0.35% | F |
| 4BR | $3,740 | $1,584,949 | 0.24% | F |
| 5BR | $4,338 | $2,292,510 | 0.19% | F |
U.S. Census Bureau data (2024)
ZIP code 30309 is located in a vibrant part of Atlanta, Georgia, characterized by a diverse and thriving community. With a total population of 32,479, it stands out as an area where over half—56.3%—of residents are renters. This makes it a prime location for real estate investment, especially considering the high median household income of $114,072, which suggests a financially stable tenant base. The median home value in this zip code is $397,672, reflecting a neighborhood that is both desirable and well-established.
The economic landscape of 30309 is further illuminated by its rental dynamics. The Fair Market Rent (FMR), set at $2,770 for the fiscal year 2024, exceeds the market rent, which is currently estimated at $2,213 per month according to ZORI. This discrepancy presents an opportunity for landlords and investors who can capitalize on the higher subsidy rates while maintaining competitive market rents. It's worth noting that the FMR is designed to cover a broader range of housing costs, including utilities, making it a significant benchmark for investment decisions.
Given these figures, ZIP 30309 would be suitable for both hands-off voucher operators and hands-on value-add buyers. For those preferring a hands-off approach, the higher FMR provides a reliable income stream without the need for extensive property management. Conversely, for investors looking to actively manage their properties, the potential exists to improve rental units and charge closer to the FMR, thereby increasing profitability. Both strategies can leverage the strong rental demand and financial stability of the area's residents.
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.