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 | $1,530 |
| 1 Bedroom | $1,590 |
| 2 Bedrooms | $1,730 |
| 3 Bedrooms | $2,060 |
| 4 Bedrooms | $2,450 |
| 5 Bedrooms | $2,842 |
| 6 Bedrooms | $3,183 |
| 7 Bedrooms | $3,438 |
| 8 Bedrooms | $3,610 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,730 | $211,249 | 0.82% | C |
| 3BR | $2,060 | $363,054 | 0.57% | F |
| 4BR | $2,450 | $486,844 | 0.5% | F |
| 5BR | $2,842 | $532,024 | 0.53% | F |
U.S. Census Bureau data (2024)
The classification of ZIP 30340 in Atlanta, GA, hinges on the interplay between rental yields and market stability. With a Fair Market Rent (FMR) of $1,860 for the fiscal year 2024, compared to the market rent of $1,414, there's an opportunity for higher yields through Section 8 rentals. The median home value in the area is $383,938, which indicates a relatively stable housing market.
The rental yield is favorable due to the discrepancy between FMR and market rent, suggesting that landlords can achieve better returns by participating in the Section 8 program. However, the stability axis is mixed. A significant portion of the population—57.0%—are renters, which is a positive sign for demand. Yet, the lack of data on the average number of days on market (DOM) for rental properties could indicate either a highly competitive market or a less transparent one.
The median household income in the area is $62,748. This figure suggests that while the income level is not exceptionally high, it is sufficient to support the rental market and ensure a steady flow of tenants. However, the income level also implies that there might be some financial pressure on potential tenants, which could affect their ability to maintain consistent rental payments over time.
Based on these figures, ZIP 30340 leans towards being a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The higher FMR relative to market rent offers a yield advantage, but the presence of a substantial renting population and a moderate median income supports a more stable cash flow scenario. Landlords should expect a balance where they benefit from slightly higher rents due to the Section 8 program, while maintaining a reliable tenant base.
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.