Location: Brunswick-St. Simons, GA | Metro: Brunswick-St. Simons, GA MSA
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 | $1,000 |
| 1 Bedroom | $1,060 |
| 2 Bedrooms | $1,260 |
| 3 Bedrooms | $1,560 |
| 4 Bedrooms | $1,930 |
| 5 Bedrooms | $2,239 |
| 6 Bedrooms | $2,508 |
| 7 Bedrooms | $2,709 |
| 8 Bedrooms | $2,844 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,260 | $206,700 | 0.61% | D |
| 3BR | $1,560 | $302,603 | 0.52% | F |
| 4BR | $1,930 | $474,781 | 0.41% | F |
U.S. Census Bureau data (2024)
The ZIP code 31331, located in Townsend, Georgia, stands out within McIntosh County due to several distinct characteristics. With a population of 6,101 residents, only 12.2% of households rent their homes, indicating a predominantly owner-occupied area. The median income for residents is $61,336, which is relatively modest compared to national averages. However, the median home value of $293,962 is notably higher, suggesting that homeownership is a significant aspect of the local economy.
In terms of Section 8 voucher economics, the data presents an interesting scenario. The Fair Market Rent (FMR) for ZIP 31331 in fiscal year 2024 is set at $1,350. This figure contrasts sharply with the actual market rent, which according to Census American Community Survey (ACS) data, is approximately $773. This discrepancy means that landlords participating in the Section 8 program can potentially receive a subsidy that covers a substantial portion of the rent they charge, making it an attractive option for those looking to rent properties in this ZIP code.
Given the data signature of ZIP 31331, it appears to be a stable community. The high median home value alongside a modest median income suggests that homeowners have been able to maintain property values despite economic conditions. Additionally, the low rental rate indicates a strong preference for homeownership among residents, which typically implies a sense of long-term investment and stability. While the rental market is smaller, the significant gap between FMR and actual market rent provides a solid financial incentive for landlords to participate in the Section 8 program, ensuring a steady demand for rental properties within this ZIP code.
Landlords and small-portfolio investors should consider these factors when evaluating the potential for growth and stability within ZIP 31331. The combination of a stable homeowner base and a financially viable rental market through Section 8 vouchers offers a balanced approach to real estate investment in this area.
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.