Section 8 Fair Market Rent (FMR) for ZIP 31305 - 2027

Location: Brunswick-St. Simons, GA | Metro: Brunswick-St. Simons, GA MSA

Investment Score for ZIP 31305

Monthly Rent (2BR)

$1,170

Median Price (2BR)

$208,981

1% Rule

0.56%

Annual Yield

6.72%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$940
1 Bedroom	$1,000
2 Bedrooms	$1,170
3 Bedrooms	$1,400
4 Bedrooms	$1,720
5 Bedrooms	$1,995
6 Bedrooms	$2,234
7 Bedrooms	$2,413
8 Bedrooms	$2,534

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms	Monthly FMR	Median Price	1% Rule	Grade
2BR	$1,170	$208,981	0.56%	F
3BR	$1,400	$288,565	0.49%	F
4BR	$1,720	$373,616	0.46%	F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

5,108

Median Household Income

$43,138

Housing Units

2,856

Renter Percentage

28.1%

Occupancy Rate

86.7%

Renter Occupied

695

The economics of Section 8 in ZIP 31305, which encompasses Darien, Georgia, and parts of McIntosh County, are straightforward. For a two-bedroom rental unit, the SAFMR (Small Area Fair Market Rent) is set at $910 per month for fiscal year 2024. This SAFMR is specific to this ZIP code, meaning it reflects the local housing market conditions accurately.

The local market rent for a similar two-bedroom unit is $905 according to the Census ACS data. Landlords should understand that the actual amount paid by a Section 8 voucher is a combination of the tenant's contribution and the utility allowance. Typically, the tenant contributes 30% of their adjusted income towards rent, and the remainder is covered by the voucher program up to the SAFMR limit.

Let’s break down the payment process:

Tenant Contribution: If a tenant has an adjusted monthly income of $1,000, they would contribute $300 towards rent ($1,000 x 30%).
Voucher Reimbursement: The voucher program would then cover the remaining $610 to meet the SAFMR of $910. However, if the market rent is lower at $905, the voucher would only reimburse $605 to meet the market rate.
Utility Allowance: Additionally, there is a utility allowance that can vary based on the size of the unit and the local cost of utilities. For a two-bedroom unit, this allowance might be around $100-$150 per month, depending on the specifics of the voucher program.

In ZIP 31305, where the SAFMR matches closely with the local market rent, landlords can expect a stable income with minimal variance. The reimbursement gap or surplus is typically non-existent due to the close alignment between the SAFMR and the market rent. In this scenario, landlords receive the full SAFMR of $910, including any utility allowances, ensuring that they do not lose out financially compared to renting without a voucher.

To summarize, landlords in ZIP 31305 can expect a consistent monthly income of $910 for a two-bedroom rental unit, with the tenant contributing approximately 30% of their income and the voucher covering the rest. There is no significant reimbursement gap or surplus here, making Section 8 a reliable option for landlords seeking steady, government-backed rental income.

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.