Section 8 Fair Market Rent (FMR) for ZIP 30346 - 2027

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

Investment Score for ZIP 30346

F
Monthly Rent (2BR)
$2,120
Median Price (2BR)
$425,433
1% Rule
0.5%
Annual Yield
5.98%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,870
1 Bedroom$1,950
2 Bedrooms$2,120
3 Bedrooms$2,530
4 Bedrooms$3,000
5 Bedrooms$3,480
6 Bedrooms$3,898
7 Bedrooms$4,210
8 Bedrooms$4,421

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
1BR $1,950 $291,233 0.67% D
2BR $2,120 $425,433 0.5% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
4,411
Median Household Income
$95,000
Housing Units
3,379
Renter Percentage
90.4%
Occupancy Rate
78.1%
Renter Occupied
2,384

The ZIP code 30346, located in Dunwoody, Georgia, presents a dynamic rental market that reflects significant long-term housing pressure. With a Fair Market Rent (FMR) set at $2,400 for the fiscal year 2024, it's clear that the government recognizes the high cost of living in this area. However, the Zillow Observed Rental Index (ZORI) shows a slightly lower market rent at $1,741. This discrepancy suggests that while the official guidelines indicate a higher rent, the actual market may be experiencing some moderation.

The median home value in ZIP 30346 stands at $450,212, which is considerably high. Given the lack of specific data on price-cut shares and days on market (DOM), we can infer that the high median home value indicates a robust sales market, likely due to limited inventory and strong demand from buyers who can afford the premium prices.

A standout figure is the 90.4% renter share, which is exceptionally high. This statistic points to a substantial portion of the population choosing to rent rather than buy. Such a high percentage of renters often signifies long-term housing pressure, as it implies many residents find homeownership unaffordable or prefer the flexibility of renting. This trend supports the notion that the rental market is under considerable strain, with demand potentially outpacing supply.

In summary, the dynamics of ZIP 30346 suggest a market where both the rental and sales sectors are active but reflect different pressures. The rental sector faces high demand, indicated by the large renter share, while the sales market is characterized by high values, suggesting strong buyer interest and possibly limited supply. Landlords and small-portfolio investors should consider these factors when evaluating opportunities in this area.

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.