Location: Telfair County, GA | Metro: Dodge County, GA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $880 |
| 1 Bedroom | $920 |
| 2 Bedrooms | $1,110 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,460 |
| 5 Bedrooms | $1,694 |
| 6 Bedrooms | $1,897 |
| 7 Bedrooms | $2,049 |
| 8 Bedrooms | $2,151 |
U.S. Census Bureau data (2024)
The Section 8 market analysis for ZIP code 31077, located in Telfair County, GA, reveals several key points that are crucial for landlords and small-portfolio investors. The HUD Fair Market Rent (FMR) for the area is set at $1,010 for the fiscal year 2026. However, due to the lack of available market rent data, it's challenging to provide a direct comparison. Based on the HUD FMR alone, voucher tenants will likely cashflow at this rate, but the exact dynamics depend on the actual market rents.
The median home value in ZIP 31077 is $155,363. Using this figure, we can derive the rent-to-price ratio, which is an important metric for assessing the relative affordability of renting versus buying. Given the HUD FMR of $1,010, the annual rent would be approximately $12,120, leading to a rent-to-price ratio of about 7.8%. This suggests that renting is slightly more affordable compared to buying in this market, although without precise market rent figures, the exact benefit is unclear.
Regarding the days on market (DOM) and price cut share, the data is currently unavailable. These metrics are typically useful for understanding the dynamics between the rental and purchase markets, such as how quickly properties are rented out or sold and at what price adjustments. Despite the missing data, it's evident that the HUD FMR is a reliable indicator for setting rental rates for Section 8 tenants.
The strongest investor angle in ZIP 31077 is stability. With a well-defined HUD FMR and a low median home value, the market offers a predictable income stream for those who can secure Section 8 tenants at the $1,010 rate. This predictability is particularly valuable for landlords and small-portfolio investors looking for consistent returns.
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.