Location: Jefferson County, GA | Metro: Augusta-Richmond County, GA-SC 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 | $760 |
| 1 Bedroom | $890 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,500 |
| 5 Bedrooms | $1,740 |
| 6 Bedrooms | $1,949 |
| 7 Bedrooms | $2,105 |
| 8 Bedrooms | $2,210 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,250 | $193,174 | 0.65% | D |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 30816 presents a nuanced picture for both landlords and small-portfolio investors. With a median home value at $215,515, the area reflects a stable housing market that has yet to show significant fluctuations in property values. The absence of percentage reductions in listings and the median days on market (DOM) suggests that there is little pressure from sellers to lower their asking prices, indicating a robust pricing power for landlords and investors who are holding properties.
On the rental side, the Federal Market Rent (FMR) for ZIP 30816 is set at $920 for fiscal year 2024, which is notably higher than the current market rate of $826 as reported by the Census Bureau's American Community Survey (ACS). This gap signals an opportunity for landlords to potentially increase rents in line with the FMR, especially if they can offer properties that meet or exceed the quality standards implied by the FMR figure. However, it also underscores the importance of maintaining competitive property conditions to justify the price hike.
For long-term investors, the setup points towards a modest appreciation thesis rather than a rapid increase in property values. The stability in home values and the slight upward pressure on rents suggest a gradual growth in asset value. Long-term investors should focus on areas within ZIP 30816 that show potential for development or gentrification, as these factors could contribute to increased demand and, consequently, higher property values. Additionally, keeping a close eye on local economic indicators and any changes in the Section 8 program can provide insights into future trends.
The current data implies a balanced approach to investment strategies. Landlords and small-portfolio investors should consider the existing pricing power and rental dynamics when making decisions. While the potential for appreciation exists, it is likely to be incremental rather than explosive. Therefore, maintaining a diversified portfolio and being prepared to adapt to changing local conditions will be key to success in this market.
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.