Section 8 Fair Market Rent (FMR) for ZIP 30917 - 2027

FY 2027 Fair Market Rent Rates

ZIP code 30917, located in Georgia, offers a stable environment for real estate investments, particularly for those interested in the Section 8 housing voucher program. The area is characterized by its modest size and a blend of residential neighborhoods, making it an attractive location for both landlords and small-portfolio investors.

• The Fair Market Rent (FMR) for ZIP 30917 in fiscal year 2024 is set at $1400. This figure represents the maximum amount that can be charged for a Section 8 voucher, providing a clear benchmark for rental pricing.
• Market rent data for ZIP 30917 is currently unavailable, which suggests limited competition or a lack of recent transactions to establish a trend. However, the FMR serves as a reliable proxy for setting rental rates.
• The median home value in ZIP 30917 is also not available, indicating either a small number of sales or a homogeneous housing stock that doesn't easily lend itself to valuation metrics.
• Renter share data is unavailable, making it difficult to assess the proportion of residents who are likely to use rental assistance programs such as Section 8.
• The Days on Market (DOM) statistic is unavailable, which typically indicates how quickly properties are rented or sold. Without this information, we cannot determine the speed at which rental units turn over in the area.
• Median income data is similarly unavailable, which would have been useful for understanding the financial capacity of potential tenants and their eligibility for Section 8 vouchers.

In summary, ZIP 30917 presents a straightforward opportunity for real estate investment, especially for those familiar with the Section 8 program. With a defined FMR of $1400, landlords can set competitive rents while ensuring compliance with federal guidelines. The lack of other specific data points suggests a niche market where traditional metrics might not apply, offering a unique challenge and potential for steady returns. Investors should focus on building relationships with local housing authorities and staying informed about any changes in the FMR to maximize their investment success.

Data Sources: FMR data from HUD (2027).

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.