Location: Jackson County, GA | Metro: Banks County, GA
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 | $890 |
| 1 Bedroom | $920 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,340 |
| 4 Bedrooms | $1,750 |
| 5 Bedrooms | $2,030 |
| 6 Bedrooms | $2,274 |
| 7 Bedrooms | $2,456 |
| 8 Bedrooms | $2,579 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,040 | $251,685 | 0.41% | F |
| 3BR | $1,340 | $329,332 | 0.41% | F |
| 4BR | $1,750 | $445,668 | 0.39% | F |
U.S. Census Bureau data (2024)
ZIP code 30558, located within the Jackson County, GA metro area, presents an interesting mix of characteristics when compared to typical ZIP codes in the region. The Fair Market Rent (FMR) for 30558 is set at $1,030 for fiscal year 2026, which is notably higher than the average market rent of $883. This suggests that while the official rental guidelines are relatively high, actual market rents might be lower, indicating a potential opportunity for landlords who can offer competitive pricing without compromising on income.
The median home value in 30558 stands at $355,044, which is consistent with the broader county averages, implying that property values here align closely with what's typical across Jackson County. However, the renter share of 9.1% is a critical factor. Generally, a higher renter share combined with below-average home values can signal a favorable environment for Section 8 housing. In the case of 30558, despite having a slightly elevated renter share, the home values are not below average, suggesting a balanced scenario rather than a distinct sweet spot for Section 8 properties.
To categorize 30558 within its metro, it appears to lean towards being a mid-tier neighborhood. The FMR is above the market rent, but the home values are on par with the county, and the renter share, while notable, does not indicate a significant advantage over other areas in terms of Section 8 suitability. Landlords and investors should consider these factors carefully when evaluating the potential returns and risks associated with this ZIP code.
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.