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 | $2,130 |
| 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 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $2,210 | $182,099 | 1.21% | A |
| 2BR | $2,410 | $279,497 | 0.86% | C |
| 3BR | $2,870 | $594,309 | 0.48% | F |
| 4BR | $3,420 | $846,437 | 0.4% | F |
| 5BR | $3,967 | $1,395,601 | 0.28% | F |
U.S. Census Bureau data (2024)
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). 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.