Section 8 Fair Market Rent (FMR) for ZIP 31028 - 2027

Location: Warner Robins, GA | Metro: Warner Robins, GA HUD Metro FMR Area

Investment Score for ZIP 31028

C
Monthly Rent (2BR)
$1,450
Median Price (2BR)
$159,076
1% Rule
0.91%
Annual Yield
10.94%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,170
1 Bedroom$1,300
2 Bedrooms$1,450
3 Bedrooms$1,930
4 Bedrooms$2,320
5 Bedrooms$2,691
6 Bedrooms$3,014
7 Bedrooms$3,255
8 Bedrooms$3,418

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,450 $159,076 0.91% C
3BR $1,930 $217,612 0.89% C
4BR $2,320 $334,778 0.69% D
5BR $2,691 $566,355 0.48% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
6,645
Median Household Income
$76,342
Housing Units
2,625
Renter Percentage
31.5%
Occupancy Rate
90.3%
Renter Occupied
748

ZIP code 31028, located in Warner Robins, Georgia, represents a significant opportunity for landlords and small-portfolio investors interested in attracting Section 8 tenants. With a population of 6,645 residents, the area has a substantial rental market, with 31.5% of the population being renters. This indicates a robust demand for rental properties and a healthy number of potential Section 8 voucher holders.

The median household income in ZIP 31028 is $76,342, which is relatively high compared to national averages. However, when considering a market rent of $2,000 per month, this represents approximately 26.2% of the median household income. This percentage suggests that typical market rents consume a considerable portion of local incomes, making affordability a concern for many residents.

To put this into perspective, the Fair Market Rent (FMR) for the area, as set by HUD for FY 2024, is $1,310. This means that the market rent is significantly higher than the FMR, indicating that landlords who can offer units at or near the FMR level will be highly competitive in attracting Section 8 tenants. The discrepancy between the FMR and market rent highlights the financial strain on lower-income households, who would benefit most from the assistance provided by Section 8 vouchers.

In ZIP 31028, landlords should expect a diverse tenant pool, with a notable segment relying on Section 8 vouchers to afford housing. These tenants are likely to be low-income families, elderly individuals, or disabled persons who qualify for federal housing assistance. Landlords must ensure compliance with HUD regulations and be prepared to work with local Public Housing Agencies (PHAs) to manage these vouchers effectively.

Given the high proportion of renters and the significant gap between market rents and the FMR, landlords in ZIP 31028 have an advantage in appealing to tenants with Section 8 vouchers. By offering affordable rent options that align closely with the FMR, landlords can secure long-term, stable tenancy while serving a community in need of affordable housing solutions.

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.