Location: Athens-Clarke County, GA | Metro: Athens-Clarke County, GA MSA
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 | $1,050 |
| 1 Bedroom | $1,070 |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | $1,570 |
| 4 Bedrooms | $1,650 |
| 5 Bedrooms | $1,914 |
| 6 Bedrooms | $2,144 |
| 7 Bedrooms | $2,316 |
| 8 Bedrooms | $2,432 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,570 | $303,022 | 0.52% | F |
U.S. Census Bureau data (2024)
The ZIP code 30648 is situated within a region that has a population of 3,543 individuals. Among these residents, only 13.5% are renters, indicating that this area is predominantly homeowner-dominated rather than a renter-heavy zone. This characteristic implies that the demand for rental properties using Section 8 vouchers is likely to be lower compared to areas with higher percentages of renters.
The median household income in this ZIP code stands at $73,464. Given the typical market rent of $908, it's important to note that this rent level consumes approximately 12.4% of the median income. This percentage suggests that the majority of potential tenants could afford the rent without significant financial strain, even without a voucher. The Fair Market Rent (FMR) for the area is set at $900 for FY 2024, which closely aligns with the market rent, indicating that the rental prices are in line with what is considered fair based on local income levels.
A landlord in ZIP 30648 can expect a tenant pool that is somewhat limited in terms of Section 8 voucher holders due to the low proportion of renters in the community. However, the relatively high median income supports the possibility of attracting tenants who can contribute additional income beyond what the voucher provides, or those who do not require a voucher at all. It is advisable for landlords to consider the broader economic context of the area and tailor their rental offerings to appeal to both voucher recipients and non-voucher tenants capable of paying market rates.
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.