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 | $1,910 |
| 1 Bedroom | $1,990 |
| 2 Bedrooms | $2,170 |
| 3 Bedrooms | $2,590 |
| 4 Bedrooms | $3,070 |
| 5 Bedrooms | $3,561 |
| 6 Bedrooms | $3,988 |
| 7 Bedrooms | $4,307 |
| 8 Bedrooms | $4,522 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,990 | $272,669 | 0.73% | D |
| 2BR | $2,170 | $384,257 | 0.56% | F |
| 3BR | $2,590 | $567,342 | 0.46% | F |
| 4BR | $3,070 | $828,637 | 0.37% | F |
| 5BR | $3,561 | $999,722 | 0.36% | F |
U.S. Census Bureau data (2024)
The ZIP code 30312 in Atlanta, GA, stands out within Fulton County due to its unique demographic and economic profile. With a population of 26,942 residents, it boasts a significant rental market where 65.0% of the inhabitants are tenants. The median income for this area is $82,779, which is notably higher than the national average, while the median home value sits at $451,911, reflecting a robust housing market.
In terms of voucher economics, the Fair Market Rent (FMR) for ZIP 30312 for fiscal year 2024 is set at $2,050, whereas the market rent, measured by ZORI (Zillow Observed Rent Index), is $1,874. This means that landlords accepting Section 8 vouchers can expect to receive slightly above-market rents, which could be a compelling incentive for property owners looking to stabilize their tenant base and ensure consistent income. The difference between the FMR and ZORI suggests that the voucher program offers a competitive advantage over the typical market rates, potentially attracting more landlords to participate in the Section 8 program.
The data signature for ZIP 30312 indicates a relatively stable environment. The high median income and strong rental market suggest that residents have the financial capacity to support both rental and ownership costs. Furthermore, the slight premium offered by the Section 8 program over market rates provides an additional layer of stability for landlords. This combination of factors makes ZIP 30312 a favorable location for those considering investment in the Section 8 housing market.
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.