Section 8 Fair Market Rent (FMR) for ZIP 31207 - 2027

Location: Macon-Bibb County, GA | Metro: Macon-Bibb County, GA HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,100
1 Bedroom	$1,150
2 Bedrooms	$1,300
3 Bedrooms	$1,550
4 Bedrooms	$1,710
5 Bedrooms	$1,984
6 Bedrooms	$2,222
7 Bedrooms	$2,400
8 Bedrooms	$2,520

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,479

Median Household Income

$N/A

Housing Units

Renter Percentage

N/A

Occupancy Rate

N/A

Renter Occupied

The ZIP code 31207, located in Valdosta, Georgia, offers a unique opportunity for real estate investors interested in the Section 8 housing market. This area is characterized by a blend of urban amenities and suburban living, making it attractive for both tenants and investors.

The Fair Market Rent (FMR) for ZIP 31207 in fiscal year 2024 is set at $1020. This figure represents the maximum amount that a Section 8 tenant can pay for a two-bedroom apartment, providing a clear benchmark for rental pricing.
Market rent data is currently unavailable for ZIP 31207, indicating a need for further research on local rental trends to understand how the FMR compares to the actual market rates.
The median home value is also not available, which suggests that the focus should be on rental properties rather than on buying homes for appreciation in this area.
Renter share information is missing, but knowing the percentage of renters in the area would help gauge demand for rental units and inform investment decisions.
Average Days on Market (DOM) data is not available, which could provide insights into the speed of property turnover and the competitiveness of the rental market.
Median income data is not available, yet understanding the income levels of potential tenants is crucial for aligning property offerings with the financial capabilities of the local population.

For investors looking to enter the Section 8 market in ZIP 31207, the primary focus should be on securing properties that meet or slightly exceed the Fair Market Rent of $1020. Given the lack of specific market data, conducting local surveys and networking with other landlords can provide valuable insights into current market conditions and tenant preferences. Despite the limited data points, the strategic placement of properties that cater to the needs of Section 8 tenants can yield stable, long-term 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.