Location: Atlanta-Sandy Springs-Roswell, GA | Metro: Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,560 |
| 1 Bedroom | $1,630 |
| 2 Bedrooms | $1,770 |
| 3 Bedrooms | $2,110 |
| 4 Bedrooms | $2,500 |
| 5 Bedrooms | $2,900 |
| 6 Bedrooms | $3,248 |
| 7 Bedrooms | $3,508 |
| 8 Bedrooms | $3,683 |
1860 is the Fair Market Rent (FMR) for ZIP code 30356 in Georgia for fiscal year 2024. This figure represents the maximum amount landlords can charge for a Section 8 voucher in this area. Given that the market rent data is currently unavailable, relying on the FMR provides a clear guideline for rental pricing. The absence of specific median home value and median income data suggests a need for further local research to understand the economic landscape fully. With no definitive information on the days on market (DOM) or the percentage of listings that have been price-cut, it's crucial for investors to stay informed about local real estate trends through other sources such as realtor networks or local property listings. The lack of detailed statistics on the share of renters in the area means that landlords should consider the broader regional housing market to gauge demand. In conclusion, despite limited specific data points, the $1860 FMR offers a solid foundation for investment decisions in the Section 8 housing market in ZIP 30356.
Verdict: Attract Section 8 tenants with properties priced at or below $1860 to ensure compliance and profitability.
Data Sources: FMR data from HUD (2027).
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.