Section 8 Fair Market Rent (FMR) for ZIP 30557 - 2027

Location: Stephens County, GA | Metro: Franklin County, GA

Investment Score for ZIP 30557

Monthly Rent (2BR)

$1,080

Median Price (2BR)

$249,159

1% Rule

0.43%

Annual Yield

5.2%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$820
1 Bedroom	$820
2 Bedrooms	$1,080
3 Bedrooms	$1,330
4 Bedrooms	$1,660
5 Bedrooms	$1,926
6 Bedrooms	$2,157
7 Bedrooms	$2,330
8 Bedrooms	$2,447

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
2BR	$1,080	$249,159	0.43%	F
3BR	$1,330	$340,607	0.39%	F
4BR	$1,660	$525,552	0.32%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

4,756

Median Household Income

$64,722

Housing Units

2,553

Renter Percentage

18.2%

Occupancy Rate

72.9%

Renter Occupied

339

Martin, GA, located in ZIP code 30557, is a small town that offers a unique investment opportunity for landlords and small-portfolio investors. The local real estate market is characterized by a mix of rental and homeownership trends, with federal guidelines and local data providing a clear picture of the area's economic landscape.

The Fair Market Rent (FMR) for the Martin metro area in fiscal year 2026 is set at $1,100, indicating a benchmark for affordable housing standards.
The average market rent, as per the latest Census American Community Survey (ACS), stands at $867, suggesting that there is room for growth in rental pricing.
The median home value in Martin, GA, is $324,173, reflecting a stable housing market where property values have remained consistent.
Renters make up 18.2% of the population, showing a smaller but still significant segment of the market interested in leasing properties.
Due to limited data availability, the number of days on market (DOM) for properties is noted as N/A, which could imply either a quick turnover or a less active market.
The median household income is $64,722, providing insight into the purchasing power of residents and their ability to afford higher rents or home values.

Investors looking to enter the Martin, GA, market should consider the gap between the current market rent and the FMR as a potential avenue for increasing rental income. However, the relatively low share of renters suggests that demand for rentals might be limited, making it important to target specific segments such as young professionals or families seeking affordable housing. The median home value indicates that the area is not experiencing rapid appreciation, but the stable income levels suggest that the town can support modest increases in both rental rates and home values. Overall, Martin, GA, presents a balanced opportunity for investors, particularly those willing to cater to the needs of the local rental market while being mindful of the broader homeownership trends.

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.