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 | $1,640 |
| 1 Bedroom | $1,710 |
| 2 Bedrooms | $1,860 |
| 3 Bedrooms | $2,220 |
| 4 Bedrooms | $2,630 |
| 5 Bedrooms | $3,051 |
| 6 Bedrooms | $3,417 |
| 7 Bedrooms | $3,690 |
| 8 Bedrooms | $3,875 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,710 | $259,500 | 0.66% | D |
| 2BR | $1,860 | $365,156 | 0.51% | F |
| 3BR | $2,220 | $576,253 | 0.39% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 30313 in Atlanta, Georgia, for fiscal year 2024 is set at $1770. This figure represents the maximum amount that a landlord can receive from the government's Section 8 program for renting out a unit in this area. It is important to note that this is not the rent you will charge your tenants; it is the payment standard set by the government.
To put this into perspective, the Zillow Observed Rent Index (ZORI) for the same area is currently at $1794. This indicates that the market rent is slightly higher than the FMR. However, the FMR still provides a reasonable income for landlords participating in the Section 8 program.
In ZIP 30313, 59.3% of residents are renters, which shows a strong demand for rental properties. This high percentage suggests that there are many potential tenants who would be interested in your property, especially if it is part of the Section 8 program. The median home value in this area is around $328,334, which can help you estimate the cost of acquiring a property for your rental portfolio.
Before committing to a Section 8 rental, verify that the property meets all the required housing quality standards. These standards ensure that the property is safe, healthy, and decent for tenants to live in. Failure to meet these criteria can result in penalties or loss of participation in the program.
Participating in the Section 8 program can be a viable option for landlords and small-portfolio investors looking to enter the Atlanta market. With a steady stream of government payments and a robust tenant pool, the FMR of $1770 aligns closely with the local market rent, making it a practical choice for those interested in the rental business.
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.