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: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,570 | $322,993 | 0.49% | F |
| 4BR | $1,650 | $404,715 | 0.41% | F |
U.S. Census Bureau data (2024)
The ZIP code 30683, with a population of 7,298, has a rental market that represents 23.1% of the total housing units. This indicates a moderate presence of renters rather than a heavily renter-dominated area. The median household income in this ZIP is $88,198, which is relatively high compared to national averages.
The market rent for the area is $1,072 per month, which constitutes approximately 12.9% of the median household income. This percentage suggests that the rent is affordable for most residents, but it also implies that tenants might be selective about their living conditions due to the availability of disposable income.
Comparing the market rent to the Fair Market Rent (FMR) of $1,040, as determined for FY 2024, shows that the market rent is slightly above the FMR. This means that landlords in this ZIP could potentially charge rents at or just above the FMR without significantly deterring tenants. However, given the high median income, the demand for Section 8 vouchers might not be as intense as in areas with lower incomes.
Landlords in ZIP 30683 can expect tenants who are likely to be employed and have stable incomes, possibly working in industries that support the local economy. While some tenants may use Section 8 vouchers, the majority might be able to pay market rates directly. The rental market is competitive, and landlords should ensure their properties are well-maintained and offer amenities that appeal to discerning renters.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.