Location: Treutlen County, GA | Metro: Emanuel County, GA
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 | $790 |
| 1 Bedroom | $840 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,570 |
| 5 Bedrooms | $1,821 |
| 6 Bedrooms | $2,040 |
| 7 Bedrooms | $2,203 |
| 8 Bedrooms | $2,313 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,260 | $155,715 | 0.81% | C |
U.S. Census Bureau data (2024)
32.7% of residents in ZIP 31002 are renters, indicating a significant demand for rental properties in the area. The $448 average market rent, derived from Census ACS data, suggests that there is a substantial gap between the actual rents being paid and the $970 Fair Market Rent (FMR) set for the metro area in fiscal year 2026. This difference presents an opportunity for landlords to potentially increase their rental incomes without significantly deterring tenants. With a median home value of $138,266, it's clear that the real estate market in this region offers affordable entry points for both homeowners and investors alike.
$60,149 is the median income for the area, which is lower than the national average but still provides a basis for assessing the financial stability of potential tenants. While the days on market (DOM) and the percentage of price-cut shares are not available, the combination of the high FMR and the relatively low median home value indicates that properties could be valuable investments if managed correctly. Landlords can leverage the higher FMR to attract tenants who might otherwise struggle to find affordable housing in the area.
The $970 FMR also serves as a benchmark for Section 8 rental assistance payments, ensuring that landlords receive fair compensation for their properties. Given the discrepancy between the FMR and the current market rent, landlords participating in the Section 8 program could see an immediate boost in their rental income, making it a viable option for those looking to stabilize cash flows or enter the rental market in ZIP 31002.
Verdict: ZIP 31002 is a prime location for landlords and small-portfolio investors interested in leveraging the Section 8 program to maximize returns while providing affordable housing options.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.