Location: Washington County, GA | Metro: Johnson County, GA
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 | $820 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,230 |
| 4 Bedrooms | $1,390 |
| 5 Bedrooms | $1,612 |
| 6 Bedrooms | $1,805 |
| 7 Bedrooms | $1,949 |
| 8 Bedrooms | $2,046 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,230 | $176,476 | 0.7% | D |
U.S. Census Bureau data (2024)
ZIP code 31089 in Washington County, GA, presents a distinct profile when compared against typical metrics within its metro area. The Fair Market Rent (FMR) for the fiscal year 2026 stands at $1,050, which is notably higher than the market rent of $867. This indicates that government-assisted housing rates are above the general market rates, suggesting a potential advantage for landlords participating in the Section 8 program.
The median home value in ZIP 31089 is $135,035, which is lower than the average home value in the county. Coupled with a significant renter share of 48.7%, this ZIP code demonstrates characteristics that could make it an attractive option for Section 8 tenants. A high renter share combined with below-average home values often signifies areas where Section 8 vouchers are frequently used, making such neighborhoods particularly suitable for landlords who wish to cater to this demographic.
In summary, ZIP 31089 can be classified as a value pocket within the Washington County, GA, metro. It offers lower home values relative to the broader market, along with a substantial number of renters, which aligns well with the criteria for a Section 8-friendly neighborhood. Landlords should consider this ZIP code as a strategic investment opportunity, especially given the favorable FMR rates that exceed the local market rent.
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.