Location: Hart County, GA | Metro: Elbert County, GA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $840 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $1,030 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,620 |
| 5 Bedrooms | $1,879 |
| 6 Bedrooms | $2,104 |
| 7 Bedrooms | $2,272 |
| 8 Bedrooms | $2,386 |
U.S. Census Bureau data (2024)
29.2% of residents in ZIP 30635 (, GA) are renters, indicating a significant portion of the population relies on rental housing. This statistic is crucial for landlords and small-portfolio investors looking to enter the market. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,090, which represents the maximum amount that a Section 8 voucher holder can pay for rent. In comparison, the market rent as reported by the Census ACS stands at $860, suggesting a potential gap where landlords can leverage Section 8 vouchers to fill vacancies.
$176,425 is the median home value in this ZIP code, providing insight into the overall real estate value and potential investment opportunities. However, it's important to note that the median income of $57,487 may limit the purchasing power of residents, making rental properties more attractive. The 0.3% price-cut share indicates that very few listings require price adjustments, implying a strong demand for rental properties in the area.
N/A-day DOM (Days on Market) suggests that there is no standard waiting period for rentals to be filled, which can be interpreted as a positive sign for landlords, as it implies quick turnover rates. Given these figures, the outlook for Section 8 participation in ZIP 30635 is favorable, offering a reliable source of tenants for landlords and small-portfolio investors. The verdict: Section 8 is a viable and advantageous option for securing stable tenancy in ZIP 30635.
Data Sources: FMR data from HUD (2027). 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.