Section 8 Fair Market Rent (FMR) for ZIP 30324 - 2027

Location: Atlanta-Sandy Springs-Roswell, GA | Metro: Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$2,130
1 Bedroom	$2,210
2 Bedrooms	$2,410
3 Bedrooms	$2,870
4 Bedrooms	$3,420
5 Bedrooms	$3,967
6 Bedrooms	$4,443
7 Bedrooms	$4,798
8 Bedrooms	$5,038

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

29,073

Median Household Income

$92,122

Housing Units

18,610

Renter Percentage

61.7%

Occupancy Rate

86.4%

Renter Occupied

9,930

Housing Authorities Serving ZIP 30324

Housing Authority of the City of ATLANTA Georgia (Atlanta, GA) - 22,186 Section 8 vouchers
Georgia Residential Finance (Atlanta, GA) - 18,263 Section 8 vouchers
Housing Authority of the County of Dekalb, GA (Decatur, GA) - 4,722 Section 8 vouchers
Housing Authority of the City of Decatur (Decatur, GA) - 1,043 Section 8 vouchers
Housing Authority of Fulton County (Atlanta, GA) - 960 Section 8 vouchers
Housing Authority of the City of East Point (East Point, GA) - 542 Section 8 vouchers
Housing Authority of the City of College Park (College Park, GA) - 428 Section 8 vouchers
Housing Authority of the City of Lithonia (Lithonia, GA) - 200 Section 8 vouchers
CITY OF ATLANTA, Dept. of Housing and Community Development (Atlanta, GA) - 28 Section 8 vouchers
Housing Authority of the City of Fairburn (Fairburn, GA)

ZIP code 30324, located in Atlanta, GA, falls within the Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area. The Fair Market Rent (FMR) for this area in fiscal year 2024 is set at $2,750. Comparatively, the market rent in 30324 is listed at $1,635, which is significantly lower than the FMR. This suggests that rental properties in 30324 could be attractive to tenants eligible for Section 8 housing vouchers, as the actual rents are well below the HUD-specified limit.

The median home value in 30324 stands at $490,913. While this figure may seem high, it's important to note that the overall median home value in the Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area can vary widely. If the median home value in 30324 is below the metro average, it might indicate that the area is a value pocket for investors looking to acquire properties at potentially lower costs relative to the broader market.

The renter share in 30324 is quite substantial at 61.7%. A high proportion of renters combined with below-metro average home values often points to an area being particularly suitable for Section 8 investments. Landlords and small-portfolio investors should consider this high renter share as a positive indicator for demand for rental units, especially those that qualify for federal housing assistance programs.

To determine if 30324 is a value pocket, mid-tier neighborhood, or a premium sub-market, we must compare these figures to the typical metrics across the Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area. Given the below-FMR market rent and a significant renter share, 30324 appears to be a value pocket within the metro area. This makes it an ideal location for investors seeking to capitalize on the demand for affordable rentals while still benefiting from a relatively stable property value.

Data Sources: FMR data from HUD (2027). 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.