Location: Treutlen County, GA | Metro: Montgomery County, GA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $790 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,340 |
| 4 Bedrooms | $1,620 |
| 5 Bedrooms | $1,879 |
| 6 Bedrooms | $2,104 |
| 7 Bedrooms | $2,272 |
| 8 Bedrooms | $2,386 |
U.S. Census Bureau data (2024)
The ZIP code 30470 stands out in its county with a relatively low population of 640 residents, indicating a small and possibly close-knit community. With 24.5% of the residents renting their homes, it suggests that there is a modest demand for rental properties, but also a strong presence of homeownership, as the median home value sits at a substantial $220,067. This high median home value reflects the area's preference for owning property over renting, which could be influenced by the median income of $76,800, showing that most residents have the financial stability to support home ownership.
Moving into the specifics of Section 8 economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,100, which is notably higher than the current market rent of $938 as reported by the Census ACS. This discrepancy highlights an opportunity for landlords who can meet the criteria for Section 8 participation, as they can potentially charge closer to the FMR rather than the lower market rates. The increased rent amount through Section 8 vouchers can provide a significant financial benefit, especially when compared against the typical market rents.
Given the data signature of ZIP 30470, it appears to be a stable area. The high median home value and median income suggest that the community has a solid economic foundation, and the slight increase in rental demand through Section 8 vouchers could be seen as a positive development for landlords looking to maximize their returns. However, the relatively low population size and moderate rental rate indicate that while there is potential for growth, the area is currently maintaining a steady state without significant transitional indicators.
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.