Location: Atlanta-Sandy Springs-Roswell, GA | Metro: Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,630 |
| 1 Bedroom | $1,700 |
| 2 Bedrooms | $1,850 |
| 3 Bedrooms | $2,200 |
| 4 Bedrooms | $2,620 |
| 5 Bedrooms | $3,039 |
| 6 Bedrooms | $3,404 |
| 7 Bedrooms | $3,676 |
| 8 Bedrooms | $3,860 |
The ZIP code 30380, located in the Atlanta-Sandy Springs-Roswell area of Georgia, presents unique challenges and opportunities for landlords and small-portfolio investors. With a data signature that includes unknown figures for residents, percentage of renters, median income, and median home value, it's clear that specific demographic details are not available at this time. However, the Federal Market Rent (FMR) for ZIP 30380 is set at $1940 for the fiscal year 2024, which serves as a critical benchmark for understanding the economic landscape.
In the absence of precise market rent data, the FMR provides a reliable estimate of rental costs in the area. For landlords and investors, this means that Section 8 vouchers can be leveraged to fill units at a rate that is consistent with federal guidelines. The $1940 FMR is a fixed amount that can help stabilize cash flow, especially when compared to fluctuating market rents. This figure represents the maximum amount the government will pay toward a tenant's rent, ensuring that landlords receive a predictable and stable income.
Despite the lack of detailed local economic indicators, the presence of a defined FMR suggests a level of stability in the housing market. The FMR is determined based on comprehensive surveys and analysis conducted by the Department of Housing and Urban Development (HUD), making it a robust measure even when other local data is unavailable. Given this context, the data signature for ZIP 30380 reads as "stable," providing a solid foundation for investment decisions.
Landlords and investors should note that while the FMR offers a degree of financial predictability, it does not reflect the entire picture of the local rental market. To fully understand the potential returns and risks associated with investing in ZIP 30380, further research into the local real estate trends and economic conditions is recommended. Nonetheless, the established FMR of $1940 can be a key factor in determining the viability of properties in this area for Section 8 tenants.
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.