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 | $1,120 |
| 1 Bedroom | $1,170 |
| 2 Bedrooms | $1,270 |
| 3 Bedrooms | $1,510 |
| 4 Bedrooms | $1,800 |
| 5 Bedrooms | $2,088 |
| 6 Bedrooms | $2,339 |
| 7 Bedrooms | $2,526 |
| 8 Bedrooms | $2,652 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,270 | $211,446 | 0.6% | D |
| 3BR | $1,510 | $285,206 | 0.53% | F |
| 4BR | $1,800 | $373,012 | 0.48% | F |
| 5BR | $2,088 | $473,426 | 0.44% | F |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 30337, College Park, GA, reveals a competitive rental environment where the Federal Housing Administration's Fair Market Rent (FMR) of $1,400 is notably lower than the actual market rent, which stands at $1,527 according to ZORI (Zillow Observed Rent Index). This indicates that voucher tenants will generally cashflow marginally, requiring landlords to optimize unit efficiency and possibly seek higher rents from non-voucher tenants to balance their portfolio.
To further understand the investment landscape, the median home value in ZIP 30337 is $301,863. Using this figure, we can calculate the rent-to-price ratio, which comes out to approximately 0.57%. This ratio suggests that the area offers a moderate return on investment for those looking to purchase properties for rental purposes, but it also highlights the importance of leveraging the FMR effectively to ensure profitability.
The dynamics between renting and buying in this area are influenced by the fact that there is no available data for the median Days on Market (DOM) and the price-cut share, which stands at 0.3%. While these metrics are typically important for understanding the local real estate market, their absence does not significantly alter the overall picture for Section 8 investors. The primary focus remains on the difference between the FMR and market rent, which dictates the financial feasibility of voucher tenancy.
In conclusion, the strongest angle for investors in ZIP 30337 is likely to be stability. Given the consistent demand for affordable housing and the relatively low gap between FMR and market rent, investors can expect steady, reliable returns without the volatility often associated with speculative investments. This makes the area particularly attractive for those seeking long-term, stable rental income.
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.