Location: Bulloch County, GA | Metro: Bulloch County, GA
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 | $790 |
| 1 Bedroom | $870 |
| 2 Bedrooms | $1,140 |
| 3 Bedrooms | $1,410 |
| 4 Bedrooms | $1,620 |
| 5 Bedrooms | $1,879 |
| 6 Bedrooms | $2,104 |
| 7 Bedrooms | $2,272 |
| 8 Bedrooms | $2,386 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,140 | $199,158 | 0.57% | F |
| 3BR | $1,410 | $309,529 | 0.46% | F |
| 4BR | $1,620 | $367,209 | 0.44% | F |
U.S. Census Bureau data (2024)
ZIP 30415 is best suited as a cash-flow anchor within a Section 8 portfolio strategy. The Fair Market Rent (FMR) for the Bulloch County metro area in fiscal year 2026 is set at $1,140, which is significantly lower than the market rent of $2,033. This creates a spread of $893 per unit, allowing landlords to maintain positive cash flow even when relying on Section 8 vouchers.
The median home value in ZIP 30415 is $326,388, indicating a stable housing market that is less prone to rapid fluctuations. For landlords and small-portfolio investors, anchoring their investments in areas with predictable rents and stable property values is crucial for long-term financial planning.
While the ZIP code does have a 0.3% price-cut share, which suggests some level of negotiation in the market, the days on market (DOM) is not applicable here, meaning properties sell relatively quickly once listed. This further supports the idea of ZIP 30415 being a reliable cash-flow anchor rather than an appreciation play.
With a renter share of 19.1%, ZIP 30415 offers a decent pool of potential tenants who might be seeking affordable housing options. The median income of $76,895 also indicates that there is a reasonable economic base supporting the demand for rental properties, including those under the Section 8 program.
In summary, ZIP 30415's combination of a low FMR relative to market rent, stable property values, and a moderate renter share makes it an ideal cash-flow anchor for a Section 8 portfolio strategy. Landlords can expect steady, predictable returns while mitigating risks associated with volatile markets.
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.