Location: White County, GA | Metro: Gainesville, GA MSA
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 | $1,060 |
| 1 Bedroom | $1,250 |
| 2 Bedrooms | $1,370 |
| 3 Bedrooms | $1,660 |
| 4 Bedrooms | $1,920 |
| 5 Bedrooms | $2,227 |
| 6 Bedrooms | $2,494 |
| 7 Bedrooms | $2,694 |
| 8 Bedrooms | $2,829 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,370 | $275,291 | 0.5% | F |
| 3BR | $1,660 | $378,781 | 0.44% | F |
| 4BR | $1,920 | $493,850 | 0.39% | F |
U.S. Census Bureau data (2024)
The market in ZIP code 30527, Clermont, GA, reveals a dynamic equilibrium between supply and demand, leaning slightly towards a scenario where demand might be catching up. The Fair Market Rent (FMR) set at $1440 for the fiscal year 2024 indicates a benchmark for rental costs established by HUD. However, the actual market rent, as per the Census ACS, stands at $908. This suggests that while the government sets a higher standard, the local market is operating below this threshold, possibly due to an oversupply of rental units.
The low price-cut share of 0.3% implies that sellers are generally not having to lower their asking prices to attract buyers, which could mean that the housing market is relatively stable or that demand is sufficient to maintain property values without significant discounts. The median home value of $392,572 provides insight into the typical cost of homeownership in the area, indicating that it's a middle-range market compared to larger metropolitan areas.
A key factor in understanding the long-term housing pressure is the 13.1% renter share. This figure is notably low, suggesting that a majority of residents in Clermont prefer homeownership over renting. Such a preference can lead to a steady demand for homes, but the low renter share also means that there is less flexibility in the rental market, potentially causing long-term housing pressure if economic conditions change and more residents seek rental options.
The dynamics of ZIP 30527 are characterized by a balance where neither supply nor demand significantly outpaces the other. The rental market operates below the government-set FMR, indicating some level of oversupply or competitive pricing among landlords. Meanwhile, the homeownership market remains stable, with minimal need for price adjustments. This stability, coupled with the low renter share, points to a market that is currently in a state of relative calm, yet poised for changes if economic factors shift the balance towards either renting or buying.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.