Location: Athens-Clarke County, GA | Metro: Athens-Clarke County, GA MSA
| 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 |
U.S. Census Bureau data (2024)
The ZIP code 30667 presents an interesting scenario when viewed from the renter's perspective. The median income in this area stands at $49,063, which is crucial for understanding how much households can realistically afford to pay in rent.
Market rate rental information for ZIP 30667 is currently unavailable, but the Fair Market Rent (FMR) set by the government for this zip code in fiscal year 2024 is $1,050. This FMR is the benchmark used to determine the maximum amount Section 8 vouchers will cover for rent in the area.
Given the median income, it is evident that the average household in ZIP 30667 would struggle to pay significantly more than the FMR without substantial financial strain. This indicates a notable affordability gap between potential market rates and what most residents can afford.
With only 0.9% of the 834 population identified as renters, competition among landlords could be fierce. Landlords must consider both the limited number of renters and their ability to pay higher rents beyond the voucher limits.
Takeaway for landlords:
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.