Section 8 Fair Market Rent (FMR) for ZIP 31084 - 2027

Location: Wilcox County, GA | Metro: Wilcox County, GA

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$800
1 Bedroom$800
2 Bedrooms$1,000
3 Bedrooms$1,230
4 Bedrooms$1,670
5 Bedrooms$1,937
6 Bedrooms$2,169
7 Bedrooms$2,343
8 Bedrooms$2,460

The ZIP code 31084 presents a unique market scenario for landlords and small-portfolio investors, characterized by the Fixed Monthly Rent (FMR) set at $970 for the fiscal year 2026, indicating a clear benchmark for rental pricing in the area. Despite the lack of current market rent data, the FMR can be used as a reliable indicator of what tenants might expect to pay, thus guiding landlords on setting competitive rates.

The absence of data regarding the percentage of price-cut share and days on market (DOM) suggests a stable market where neither extreme oversupply nor undersupply is evident. However, the undefined median home value points to an area that may not have robust data available, which could imply a less frequently analyzed real estate market. This could mean that the area's real estate dynamics are less understood compared to larger, more frequently scrutinized markets, offering opportunities for those who can interpret local trends effectively.

ZIP 31084's undefined renter share percentage leaves room for interpretation but hints at a dynamic where homeownership and renting coexist without clear dominance of one over the other. A balanced mix of renters and owners can contribute to steady long-term housing pressure, as neither group's needs are overwhelmingly met or unmet. This balance is crucial for landlords and investors, as it ensures a consistent demand for rental properties without the volatility seen in areas heavily skewed towards either ownership or renting.

In summary, while specific metrics such as market rent, price-cut share, DOM, and median home value are not available, the fixed monthly rent of $970 provides a solid foundation for understanding the rental market in ZIP 31084. The undefined renter share suggests a balanced housing market, conducive to steady investment opportunities for landlords and small-portfolio investors alike.

Data Sources: FMR data from HUD (2027).

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.