Location: Taylor County, GA | Metro: Peach County, GA HUD Metro FMR Area
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 | $800 |
| 1 Bedroom | $930 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,370 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,370 | $178,401 | 0.77% | D |
U.S. Census Bureau data (2024)
The ZIP code 31076 presents a dynamic rental market that reflects the ongoing balance between supply and demand. With a Fair Market Rent (FMR) of $1000 for the fiscal year 2024, it's clear that the government benchmark for affordable housing is set at a level that accommodates a range of income brackets. However, the actual market rent stands at $603, according to the latest Census American Community Survey (ACS) data. This suggests that while the FMR provides a guideline for affordability, the market is pricing units below this benchmark, indicating a potential oversupply or strong competition among landlords.
The median home value in ZIP 31076 is $145,427, which places homeownership within reach for many families. Despite this, the renter share remains at 29.5%, a figure that speaks to the enduring appeal of renting in this area. This percentage is significant because it implies a steady demand for rental properties, driven by factors such as affordability, mobility, and lifestyle preferences. Long-term, this high renter share can exert upward pressure on rental rates as demand continues to be robust, even if the current market rent is lower than the FMR.
The lack of specific data on price-cut share and days on market (DOM) makes it challenging to pinpoint short-term trends, but the overall picture suggests a market where supply may currently exceed demand, leading to competitive pricing. Landlords and small-portfolio investors should take note of the disparity between FMR and market rent, as well as the strong renter base, when considering their investment strategies. The presence of a substantial rental population indicates a resilient market that can weather economic fluctuations, providing a stable source of rental income.
In summary, ZIP 31076 operates under the influence of a significant renter share that drives sustained demand, despite current market conditions suggesting a slight oversupply. This dynamic creates an environment where rental prices are likely to remain competitive in the short term but could face upward pressure over the long term due to the persistent need for rental housing.
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.