Location: Screven County, GA | Metro: Jenkins County, GA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $930 |
| 1 Bedroom | $940 |
| 2 Bedrooms | $1,220 |
| 3 Bedrooms | $1,480 |
| 4 Bedrooms | $1,760 |
| 5 Bedrooms | $2,042 |
| 6 Bedrooms | $2,287 |
| 7 Bedrooms | $2,470 |
| 8 Bedrooms | $2,594 |
U.S. Census Bureau data (2024)
The ZIP code 30455 presents a market in motion, characterized by specific rental and homeownership metrics that offer insight into the local housing dynamics. With a Fair Market Rent (FMR) set at $1,150 for fiscal year 2026, this figure reflects the rental affordability benchmark established by HUD for the metro area. Although the current market rent is not available, the absence of such data can suggest that the rental market in 30455 is either underreported or less active compared to other markets.
The median home value in 30455 stands at $163,055, indicating a relatively affordable neighborhood for potential homeowners. However, without a percentage for price-cut shares or days on market (DOM), it's challenging to definitively state whether the supply of homes outpaces demand or vice versa. These missing metrics would typically provide clearer signals regarding the balance between supply and demand in the housing market.
A noteworthy metric is the 16.8% renter share, which suggests a significant portion of the population in 30455 opts for renting rather than owning. This percentage implies ongoing long-term housing pressure, as a higher proportion of renters often indicates financial constraints or preferences that prevent many residents from purchasing homes. It also points to a steady demand for rental properties, which can be beneficial for landlords and small-portfolio investors looking to capitalize on this trend.
The combination of an affordable median home value and a moderate renter share suggests a market where both buying and renting are viable options for residents. For landlords and small-portfolio investors, the dynamics point towards a stable rental market with opportunities for growth, especially if they can offer competitive rents that align with the FMR. The lack of specific market rent data means there is room for further research and analysis to understand how closely the actual rents match the FMR, providing valuable insights for investment strategies.
In summary, while the exact trajectory of the housing market in ZIP 30455 cannot be determined solely from the snapshot provided, the current metrics indicate a balanced environment with a notable presence of renters. This balance supports the notion that the market is dynamic, with potential for steady growth in rental investments, given the existing demand and the affordability of both rental and homeownership options.
Data Sources: FMR data from HUD (2027). 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.