Location: Gordon County, GA | Metro: Dalton, GA HUD Metro FMR Area
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 | $830 |
| 1 Bedroom | $940 |
| 2 Bedrooms | $1,120 |
| 3 Bedrooms | $1,530 |
| 4 Bedrooms | $1,850 |
| 5 Bedrooms | $2,146 |
| 6 Bedrooms | $2,404 |
| 7 Bedrooms | $2,596 |
| 8 Bedrooms | $2,726 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,120 | $219,388 | 0.51% | F |
| 3BR | $1,530 | $263,833 | 0.58% | F |
| 4BR | $1,850 | $347,576 | 0.53% | F |
U.S. Census Bureau data (2024)
The market in ZIP code 30735, located in Industrial, Georgia, presents a dynamic landscape that is indicative of ongoing shifts in housing demand and supply. The Fair Market Rent (FMR) for the area stands at $1130 for fiscal year 2024, which is notably higher than the market rent reported by the Census ACS at $845. This suggests that the rental market is experiencing upward pressure, likely due to a combination of factors including economic growth, job opportunities, and population trends.
The median home value in the area is $252,568, reflecting a stable but potentially growing real estate market. Although the data on the percentage of homes offered at a price cut and the days on market (DOM) are not available, the disparity between the FMR and the market rent indicates that there may be a slight imbalance favoring demand over supply in the rental sector. Landlords can leverage this to maintain or slightly increase their rental rates without significantly impacting occupancy levels.
A key indicator of long-term housing pressure is the 28.3% renter share in ZIP 30735. This figure implies a significant portion of the population relies on renting rather than owning homes, which could be due to various reasons such as affordability issues, transient employment patterns, or a preference for renting. This high renter share suggests a sustained need for rental properties, creating an environment where landlords can expect steady demand for their units. It also means that any decrease in rental stock could quickly lead to increased competition among renters, further driving up rents.
In conclusion, ZIP 30735 appears to be a market where demand, particularly for rentals, is robust relative to supply. Landlords and small-portfolio investors should consider the potential for rental rate increases and the importance of maintaining a competitive edge through property quality and location. The high renter share points to a continued reliance on rental housing, making it a viable investment opportunity for those looking to capitalize on the local housing dynamics.
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.