Location: Jenkins County, GA | Metro: Augusta-Richmond County, GA-SC HUD Metro FMR Area
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 | $910 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,610 |
| 5 Bedrooms | $1,868 |
| 6 Bedrooms | $2,092 |
| 7 Bedrooms | $2,259 |
| 8 Bedrooms | $2,372 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,000 | $109,853 | 0.91% | C |
| 3BR | $1,300 | $156,101 | 0.83% | C |
U.S. Census Bureau data (2024)
The ZIP code 30441 in Burke County, Georgia, stands out due to its unique demographic and economic characteristics. With a population of 1,910 residents, it has a rental rate of 33.8%, indicating a significant portion of the community relies on rented housing. The median income for residents is $41,220, which places it below the national average but still supports a modest standard of living. The median home value in ZIP 30441 is $141,237, suggesting that homeownership is attainable for many in the area.
When it comes to voucher economics, the Fair Market Rent (FMR) for ZIP 30441 in fiscal year 2024 is set at $920, while the market rent, according to the Census American Community Survey (ACS), averages around $575. This discrepancy means that landlords participating in the Section 8 program can expect higher rents compared to the local market rates. Specifically, landlords could see an increase of approximately $345 per month for a unit that would otherwise rent for $575. This makes Section 8 vouchers particularly attractive for landlords in this area, as they can command higher rents than typical market conditions.
The data signature for ZIP 30441 suggests a relatively stable environment. The median income and home values indicate a consistent economic base, while the rental rate shows a steady demand for affordable housing. Given these factors, landlords and small-portfolio investors should find the market predictable and favorable for long-term investment. However, the significant difference between the FMR and market rent also signals potential transitional dynamics, as the influx of Section 8 tenants might influence the local rental market over time. Overall, the ZIP code presents a stable yet evolving landscape for real estate investment, especially with the support of Section 8 vouchers.
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.