Section 8 Fair Market Rent (FMR) for ZIP 31052 - 2027

Location: Macon-Bibb County, GA | Metro: Macon-Bibb County, GA HUD Metro FMR Area

Investment Score for ZIP 31052

C
Monthly Rent (2BR)
$1,200
Median Price (2BR)
$133,842
1% Rule
0.9%
Annual Yield
10.76%

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$1,020
1 Bedroom$1,070
2 Bedrooms$1,200
3 Bedrooms$1,430
4 Bedrooms$1,580
5 Bedrooms$1,833
6 Bedrooms$2,053
7 Bedrooms$2,217
8 Bedrooms$2,328

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 $1,200 $133,842 0.9% C
3BR $1,430 $248,375 0.58% F
4BR $1,580 $325,873 0.48% F
5BR $1,833 $376,509 0.49% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
9,001
Median Household Income
$84,846
Housing Units
3,246
Renter Percentage
9.6%
Occupancy Rate
93.1%
Renter Occupied
290

To integrate ZIP 31052, located in Lizella, GA, within a Section 8 portfolio strategy, it's crucial to analyze the area's financial metrics and housing market dynamics. This ZIP code falls under the Macon-Bibb County, GA HUD Metro FMR Area, which provides us with key data points for evaluation.

The Fiscal Year 2024 Fair Market Rent (FMR) for ZIP 31052 is set at $1080. In comparison, the current market rent stands at $982. This creates a positive spread of $98, indicating that properties in this ZIP can serve as a cash-flow anchor within a Section 8 portfolio. Landlords will benefit from the higher FMR payments compared to what they would receive from market-rate tenants.

The median home value in ZIP 31052 is $260,912. Given the relatively stable housing market and the modest appreciation potential, focusing on rental income rather than property value growth is advisable. The low 0.2% price-cut share suggests that rental prices are competitive and rarely need to be adjusted downward, while the N/A-day Days on Market (DOM) indicates that properties are typically occupied or rented quickly once listed.

A further consideration is the 9.6% renter share and the median income of $84,846. While these factors suggest a moderate demand for rentals and an average income level, they do not significantly impact the cash-flow anchor strategy. The primary advantage of including ZIP 31052 in a Section 8 portfolio lies in the guaranteed income stream from the government-subsidized rents, which exceeds the local market rate, thus providing a reliable and steady source of revenue.

In conclusion, ZIP 31052 is best suited as a cash-flow anchor in a Section 8 portfolio due to the favorable spread between the FMR and market rent, ensuring consistent and above-market income for landlords. This strategy leverages the financial support of the Section 8 program to maximize rental yields in a stable market environment.

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.