Location: Warren County, GA | Metro: Augusta-Richmond County, GA-SC HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $790 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,560 |
| 5 Bedrooms | $1,810 |
| 6 Bedrooms | $2,027 |
| 7 Bedrooms | $2,189 |
| 8 Bedrooms | $2,298 |
U.S. Census Bureau data (2024)
ZIP code 30821, located within the Warren County, GA metro area, presents an interesting mix of housing metrics compared to the broader county. The Fair Market Rent (FMR) for ZIP 30821 stands at $920 for fiscal year 2024, which is slightly above the market rent figure of $878. This suggests that while it may not be the most expensive place to live within the county, it is also not the cheapest.
The median home value in ZIP 30821 is $111,697, which is indicative of a modest residential market. This figure is likely to be lower than some other areas within Warren County, but higher than others, placing it somewhere in the middle of the county's overall home value spectrum.
A notable point is the 18.3% share of renters in ZIP 30821. This percentage is significant when considering the potential for rental properties. However, it's important to note that the renter share alone does not necessarily indicate a sweet spot for Section 8 investments without comparing it to the home values and market rents of similar ZIP codes in the county.
Based on the provided data, ZIP 30821 can be classified as a mid-tier neighborhood within its metro area. The FMR is slightly elevated over the market rent, indicating a reasonable margin for landlords participating in the Section 8 program. The home value is moderate, suggesting that it is neither a premium sub-market nor a value pocket, but rather a balanced area where investment can be both feasible and profitable.
However, the high renter share combined with a below-average home value could signal a potential sweet spot for Section 8 investments. Landlords who can navigate the requirements of the Section 8 program might find it advantageous to invest in this ZIP code, given the strong demand for rentals and the relatively low cost of property acquisition.
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.