Section 8 Fair Market Rent (FMR) for ZIP 30396 - 2027

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

FY 2027 Fair Market Rent Rates

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

To determine if a landlord should buy in ZIP code 30396 (Unknown, GA) for Section 8 investments, follow these steps:

Step 1: Clear Debt Service
- If the Fair Market Rent (FMR) of $1940 for the fiscal year 2024 can cover the debt service on a property in this area, proceed to Step 2. Otherwise, do not invest.
Step 2: Market Rent Comparison
- If the market rent is above $1940, then it's advisable to look into other factors since the property could potentially be rented out at higher rates. If the market rent is at or below $1940, proceed to Step 3.
Step 3: Rental Demand Analysis
- If there is sufficient rental demand, indicated by a high percentage of renters and low days on the market (DOM), then the answer is yes. However, without specific percentages and DOM figures, it's challenging to make a definitive recommendation. If the demand is insufficient, the answer is no.

Note: The decision tree relies heavily on accurate financial and market data. Since some figures are currently marked as 'N/A', it's crucial to gather detailed local market analysis, including exact debt service costs, market rent figures, and precise rental demand metrics such as the percentage of renters and average DOM, before making any investment decisions.

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.