Section 8 Fair Market Rent (FMR) for ZIP 30515 - 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$1,680
1 Bedroom$1,750
2 Bedrooms$1,900
3 Bedrooms$2,260
4 Bedrooms$2,690
5 Bedrooms$3,120
6 Bedrooms$3,494
7 Bedrooms$3,774
8 Bedrooms$3,963

The ZIP code 30515 in Atlanta-Sandy Springs-Roswell, GA, fits well into a Section 8 portfolio strategy as a cash-flow anchor. According to the 2025 HUD Small Area Fair Market Rent (SAFMR) data, the maximum allowable rent for a two-bedroom unit in this area is $1,990 per month. This represents a 4.2% increase from the 2024 figure, indicating steady growth but also a reliable base for rental income.

The SAFMR for a two-bedroom unit in 30515 is significantly higher than the Fair Market Rent (FMR) for the broader Atlanta-Sandy Springs-Roswell metropolitan area, which was $2,010 for FY 2024. This spread means that landlords in 30515 can expect to receive close to or at the FMR level, ensuring solid cash flow from Section 8 tenants. In fact, the $1,990 SAFMR for 30515 is only slightly below the $2,010 FMR, providing a strong financial foundation.

While the data does not provide specific figures for market trends, median home values, price-cut shares, or days on market (DOM), the consistent rise in SAFMR suggests a stable and potentially appreciating real estate market. For small-portfolio investors, this makes 30515 a valuable addition to their holdings, offering both immediate cash flow and long-term appreciation potential.

Landlords should note that the SAFMR system aims to reflect local market conditions more accurately than the traditional FMR system. Therefore, the $1,990 SAFMR for a two-bedroom unit in 30515 is likely closer to actual market rents, making it easier to find and retain Section 8 tenants without sacrificing profitability.

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.