Location: Macon-Bibb County, GA | Metro: Macon-Bibb 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 | $980 |
| 1 Bedroom | $1,050 |
| 2 Bedrooms | $1,180 |
| 3 Bedrooms | $1,420 |
| 4 Bedrooms | $1,560 |
| 5 Bedrooms | $1,810 |
| 6 Bedrooms | $2,027 |
| 7 Bedrooms | $2,189 |
| 8 Bedrooms | $2,298 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,180 | $82,173 | 1.44% | A |
| 3BR | $1,420 | $164,598 | 0.86% | C |
U.S. Census Bureau data (2024)
890 is the Fair Market Rent (FMR) for ZIP code 31078, Roberta, GA, for fiscal year 2024, indicating the maximum rental assistance payment standard set by HUD. In contrast, the market rent based on Census ACS data is 714 dollars, showing a gap between the government-set standards and actual market conditions. The median home value in this area stands at 131,019 dollars, reflecting the overall housing costs relative to other regions. With a renter share of 34.4%, it's clear that nearly one-third of the population relies on renting, suggesting a steady demand for rental properties. The median income of 54,688 dollars provides insight into the financial capacity of residents, which is crucial for assessing potential tenant eligibility under the Section 8 program. Despite the lack of specific data on days on market (DOM) and price-cut share, the existing figures paint a picture of a stable but modest rental market. Given the disparity between the FMR and market rent, landlords and small-portfolio investors can expect to receive rental assistance payments that closely match or slightly exceed the typical market rates. This makes the ZIP 31078 a viable option for those interested in participating in the Section 8 program.
The combination of a reasonable median home value and a significant portion of the population being renters supports the idea that there is a consistent need for affordable housing solutions. Investors should note that while the median income is relatively low, it aligns well with the income limits for the Section 8 program, ensuring a steady pool of eligible tenants. The absence of data on DOM and price-cut share might indicate a less volatile market, where properties are sold at or near their asking price without extensive negotiation periods.
In conclusion, the data points to a market where Section 8 participation can be both financially feasible and beneficial for landlords and small-portfolio investors. The 890-dollar FMR is designed to cover most of the rental costs, making it easier to maintain properties and manage expenses. With a solid foundation in place, the ZIP 31078 presents an opportunity for investors looking to engage in a supportive and stable rental environment.
Verdict: ZIP 31078 is a good fit for Section 8 investment due to favorable FMR and market conditions.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.