Section 8 Fair Market Rent (FMR) for ZIP 30646 - 2027

Location: Jackson County, GA | Metro: Athens-Clarke County, GA MSA

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,050
1 Bedroom$1,070
2 Bedrooms$1,200
3 Bedrooms$1,570
4 Bedrooms$1,750
5 Bedrooms$2,030
6 Bedrooms$2,274
7 Bedrooms$2,456
8 Bedrooms$2,579

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
8,460
Median Household Income
$67,308
Housing Units
3,574
Renter Percentage
25.4%
Occupancy Rate
94.2%
Renter Occupied
854

Housing Authorities Serving ZIP 30646

The economics of Section 8 housing in ZIP code 30646 are straightforward. For a two-bedroom apartment, the SAFMR (Small Area Fair Market Rent) for FY 2024 is set at $1060. This figure represents the maximum amount that the housing authority will pay landlords for renting out a unit under the Section 8 program. It's important to note that this SAFMR is specific to ZIP 30646 and reflects the unique rental market conditions in this area.

Local market rents for a two-bedroom unit in ZIP 30646 average $1,047 according to the latest Census ACS data. While this is slightly below the SAFMR, it's crucial to understand that the actual reimbursement to landlords from Section 8 vouchers depends on several factors beyond just the SAFMR.

A landlord can expect the following breakdown when a tenant uses a Section 8 voucher:

This means that landlords participating in Section 8 for a two-bedroom apartment in ZIP 30646 will receive a total of $640 from the voucher plus the tenant’s contribution of $600, equaling $1,240. Given the local market rent of $1,047, landlords would see a surplus of $193 per month over the average market rate.

In summary, landlords in ZIP 30646 can anticipate a positive financial outcome when renting to tenants with Section 8 vouchers. The reimbursement mechanism ensures that landlords are paid above the average market rate, providing a stable and reliable income stream. The surplus of $193 per month for a two-bedroom apartment makes Section 8 participation financially beneficial in this specific ZIP code.

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.