Section 8 Fair Market Rent (FMR) for ZIP 30720 - 2027

Location: Dalton, GA | Metro: Dalton, GA HUD Metro FMR Area

Investment Score for ZIP 30720

D
Monthly Rent (2BR)
$1,200
Median Price (2BR)
$179,149
1% Rule
0.67%
Annual Yield
8.04%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$940
1 Bedroom$1,070
2 Bedrooms$1,200
3 Bedrooms$1,570
4 Bedrooms$2,010
5 Bedrooms$2,332
6 Bedrooms$2,612
7 Bedrooms$2,821
8 Bedrooms$2,962

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,200 $179,149 0.67% D
3BR $1,570 $260,982 0.6% D
4BR $2,010 $386,319 0.52% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
27,249
Median Household Income
$69,369
Housing Units
11,030
Renter Percentage
43.0%
Occupancy Rate
88.0%
Renter Occupied
4,176

The real estate market in ZIP 30720 (Dalton, GA) presents a nuanced scenario for both landlords and small-portfolio investors. With a median home value at $269,594, the market reflects a stable price point that has seen only a minor reduction in listings, at 0.2%. This indicates a resilient housing market where sellers have maintained their pricing power despite slight adjustments.

The median days on market (DOM) stands at 89 days, suggesting that while properties are taking longer to sell compared to national averages, they still find buyers. This extended DOM period can be interpreted as a sign of cautious buyer behavior, but it does not necessarily imply a weakening of seller's pricing power. Instead, it suggests a market where buyers are willing to wait for the right deal, rather than rushing into purchases.

On the rental side, the Forward Moving Rent (FMR) for ZIP 30720 in fiscal year 2024 is projected to be $1,010, while the current market rent, as measured by Zillow's Observed Rental Index (ZORI), is $1,497. The disparity between these two figures highlights a potential opportunity for landlords. As FMR is typically lower due to government subsidies, investors can leverage this difference to offer competitive rental rates without significantly undercutting the market value.

For long-term hold investors, the appreciation thesis in Dalton, GA, is realistic but modest. The combination of a stable median home value, slight reductions in listing prices, and a slightly elongated DOM period points toward a market that is unlikely to experience rapid appreciation. However, the steady state of property values and the relatively high market rents suggest that investors can expect gradual growth in asset value, coupled with consistent rental income.

The setup in ZIP 30720 implies a balanced market where both buying and renting remain viable strategies for investors. While quick gains might not be the norm, the resilience of property values and the potential for rental income growth provide a solid foundation for those looking to build a sustainable investment portfolio in the area.

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.