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 | $1,070 |
| 1 Bedroom | $1,110 |
| 2 Bedrooms | $1,210 |
| 3 Bedrooms | $1,440 |
| 4 Bedrooms | $1,710 |
| 5 Bedrooms | $1,984 |
| 6 Bedrooms | $2,222 |
| 7 Bedrooms | $2,400 |
| 8 Bedrooms | $2,520 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,110 | $136,189 | 0.82% | C |
| 2BR | $1,210 | $164,245 | 0.74% | D |
| 3BR | $1,440 | $241,674 | 0.6% | F |
| 4BR | $1,710 | $298,283 | 0.57% | F |
| 5BR | $1,984 | $332,904 | 0.6% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 30314 in Atlanta, Georgia, for fiscal year 2024 is set at $1,380. This figure represents the maximum amount that the U.S. Department of Housing and Urban Development (HUD) will pay towards a tenant's rent under the Section 8 housing voucher program. It does not reflect the total rent that a landlord can charge; rather, it is the reimbursement limit for HUD.
In comparison, the Zillow Observed Rent Index (ZORI), which measures the average rent for similar properties in the area, stands at $1,615. This suggests that landlords participating in the Section 8 program might receive less than market value for their properties. However, the significant 56.7% share of renters in the area indicates strong demand for affordable housing, ensuring a steady stream of tenants.
When considering acquiring a property in ZIP 30314 for a Section 8 rental, note that the median home value is around $219,098. This price point could be attractive for those looking to enter the rental market with a manageable investment.
A key factor for potential landlords is verifying that the property meets all necessary requirements and standards set by HUD. These include safety, health, and structural standards, which must be maintained to continue receiving payments through the Section 8 program.
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.