Location: Jefferson County, GA | Metro: Jefferson County, GA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $780 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,450 |
| 5 Bedrooms | $1,682 |
| 6 Bedrooms | $1,884 |
| 7 Bedrooms | $2,035 |
| 8 Bedrooms | $2,137 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 30818 is set at $1,000 per month for the fiscal year 2026. This figure represents the payment standard for Section 8 vouchers in this area, which means that if you participate in the program, you will receive a fixed amount of $1,000 per unit per month from the government to cover part of the rent. It's important to note that this is not the total rent you can charge; it's the maximum subsidy payment.
Local median rents are currently listed as N/A, which indicates there isn't enough data available to provide a precise comparison. However, based on the FMR, we can infer that rental properties in this area are generally priced around $1,000 per month. The fact that 40.8% of the population are renters suggests a strong demand for housing in this market, making it a potentially good investment for those looking to enter the rental sector.
If you're considering acquiring a property in ZIP 30818 for your first Section 8 rental, be aware that the typical home value in this area is $165,366. This figure can help you estimate the potential costs involved in purchasing a rental property. Given the strong renter base, you can expect steady occupancy rates, but remember, the FMR is the ceiling for government subsidies, so ensure your property meets all the requirements to qualify for the voucher program.
Before you make a decision to invest in a Section 8 rental in ZIP 30818, verify that the property complies with the Housing Quality Standards (HQS). These standards are set by the U.S. Department of Housing and Urban Development (HUD) and must be met for a landlord to participate in the Section 8 program. Failure to meet these standards could result in disqualification and loss of income from the subsidy.
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.