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 | $1,880 |
| 1 Bedroom | $1,960 |
| 2 Bedrooms | $2,130 |
| 3 Bedrooms | $2,540 |
| 4 Bedrooms | $3,010 |
| 5 Bedrooms | $3,492 |
| 6 Bedrooms | $3,911 |
| 7 Bedrooms | $4,224 |
| 8 Bedrooms | $4,435 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 1BR | $1,960 | $201,404 | 0.97% | C |
| 2BR | $2,130 | $299,207 | 0.71% | D |
| 3BR | $2,540 | $494,227 | 0.51% | F |
| 4BR | $3,010 | $614,126 | 0.49% | F |
| 5BR | $3,492 | $1,073,058 | 0.33% | F |
U.S. Census Bureau data (2024)
The ZIP code 30341, located in Chamblee, GA, presents a dynamic rental market. With a Fair Market Rent (FMR) of $2230 for the fiscal year 2024 and a Zillow Observed Rent Index (ZORI) indicating a market rent of $1,755, there's a notable gap between government-set fair rents and actual market conditions. This suggests that landlords can potentially charge higher rents than the FMR, indicating strong demand.
The low price-cut share of 0.2% and a relatively short days on market (DOM) of 48 days point towards a robust tenant market. Homes are not being heavily discounted, and they're selling quickly, which typically indicates that demand is keeping pace with or slightly outpacing supply. The median home value of $510,830 further supports this notion, as it reflects a stable housing market where property values remain firm.
A significant 53.7% of the population in Chamblee are renters. This high percentage implies long-term housing pressure, as a substantial portion of residents rely on rental properties rather than owning homes. For landlords and small-portfolio investors, this means consistent demand for rental units, making Chamblee an attractive area for investment. However, it also suggests that competition among tenants is likely to be fierce, which could drive up rental prices over time as more people seek to secure a place in this desirable market.
The interplay between the FMR and ZORI, combined with the low price-cut share and quick DOM, paints a picture of a market where demand is currently strong. While the median home value shows stability, the high renter share points to underlying pressures that could influence future market dynamics. Investors should focus on maintaining competitive rental rates while preparing for potential increases in demand-driven pricing.
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.