Location: White County, GA | Metro: Lumpkin County, GA HUD Metro FMR Area
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 | $304,461 | 0.45% | F |
| 3BR | $1,660 | $384,213 | 0.43% | F |
| 4BR | $1,920 | $533,530 | 0.36% | F |
U.S. Census Bureau data (2024)
ZIP code 30564, located in Murrayville, GA, within the White County, GA metro area, presents an interesting comparison when looking at its Fair Market Rent (FMR), market rent, home values, and renter share.
The FMR for ZIP 30564 in fiscal year 2024 is set at $1,080. This figure is notably higher than the market rent of $690, indicating that the government's estimate of what is considered fair rent is above what the local market currently offers. This could suggest a potential opportunity for landlords who can offer quality housing at or slightly above the market rate but still within the FMR threshold.
The median home value in ZIP 30564 stands at $387,004. This is a significant figure, suggesting that the area has relatively high property values compared to other ZIP codes in White County. However, it is important to note that this does not necessarily correlate with the rental market dynamics, as evidenced by the lower market rent.
The renter share of the population in ZIP 30564 is 22.3%. This percentage is indicative of a moderate rental presence within the community, which is not unusually high or low compared to typical ZIP codes in White County.
To determine if ZIP 30564 represents a value pocket, a mid-tier neighborhood, or a premium sub-market within the White County metro, we must consider the relationship between its FMR, market rent, and home values. The high FMR relative to the market rent suggests that there might be a segment of the rental market that is undervalued, particularly for properties eligible for Section 8 assistance. However, the elevated home values indicate that the area is not a value pocket in terms of property ownership. Instead, ZIP 30564 appears to be a mid-tier neighborhood, where rental properties can attract Section 8 tenants due to the favorable FMR-to-market rent ratio, while also offering homeownership opportunities at a premium compared to the broader county.
A notable divergence is the combination of a below-metro average market rent with a higher-than-average renter share and FMR. This scenario can signal a sweet spot for Section 8 landlords, as it suggests a demand for affordable housing that aligns well with the government subsidy levels. Landlords in ZIP 30564 who can provide decent housing at or near the FMR will likely find a steady stream of qualified Section 8 tenants.
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.