Section 8 Fair Market Rent (FMR) for ZIP 31065 - 2027

Location: Wilkinson County, GA | Metro: Bleckley County, GA

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$830
1 Bedroom	$900
2 Bedrooms	$1,160
3 Bedrooms	$1,470
4 Bedrooms	$1,800
5 Bedrooms	$2,088
6 Bedrooms	$2,339
7 Bedrooms	$2,526
8 Bedrooms	$2,652

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,481

Median Household Income

$N/A

Housing Units

516

Renter Percentage

27.8%

Occupancy Rate

83.7%

Renter Occupied

120

The ZIP code 31065, located in Montrose, Georgia, represents a modest residential area that has seen steady changes in the real estate market. Here are some key metrics to consider:

Fair Market Rent (FMR): $1,180 (metro FY 2026) - This figure indicates the government-set standard for affordable housing in the area.
Market Rent: $954 (Census ACS) - Based on recent data, the average rent in the area is slightly below the FMR, suggesting a competitive rental market.
MEDIAN HOME VALUE: $171,321 - This reflects the typical cost of a single-family home in the ZIP code, which has experienced a 2.5% decline over the last year.
RENTER SHARE: 27.8% - Nearly 28% of residents are renters, indicating a moderate demand for rental properties.
N/A-DOM - The days on market (DOM) for properties is not specified, but it is important for sellers to understand this metric to gauge listing success.
MEDIAN INCOME: N/A - The median income for the area is also unspecified, but it plays a crucial role in determining affordability and potential demand for housing.

In summary, ZIP 31065 presents a market where rental properties are slightly undervalued compared to government standards, and there is a moderate demand from renters. The recent decline in median home values suggests that now could be a good time for investors to acquire properties at potentially lower costs. However, the lack of data on median income and DOM means that further research is necessary to fully assess the investment potential.

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.