Location: Coffee County, GA | Metro: Coffee County, GA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $1,010 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,520 |
| 4 Bedrooms | $1,840 |
| 5 Bedrooms | $2,134 |
| 6 Bedrooms | $2,390 |
| 7 Bedrooms | $2,581 |
| 8 Bedrooms | $2,710 |
U.S. Census Bureau data (2024)
The ZIP code 31535, located within the Coffee County, GA metro, has a Federal Market Rent (FMR) of $1,050 for fiscal year 2026. This figure is notably higher than the market rent of $813, indicating that properties in this area could benefit from the additional rental support provided by Section 8 programs. The home value in 31535 stands at $229,330, which is likely reflective of the broader county's real estate market conditions.
A significant 28.1% of residents in 31535 are renters, a metric that suggests a substantial portion of the population might be eligible for Section 8 assistance. When compared to the typical ZIP codes in Coffee County, GA, this renter share is relatively high. Generally, ZIP codes with a higher percentage of renters and lower home values are considered more attractive for Section 8 participation because they offer a balance between affordability and the potential for stable tenant income.
Inferentially, 31535 appears to be a value pocket within its metro. The discrepancy between the FMR and the actual market rent, combined with the above-average renter share, points to an area where landlords can secure tenants through Section 8 while maintaining competitive pricing. Additionally, the home value of $229,330 is consistent with other ZIP codes in the county, suggesting that property owners in 31535 are not overpaying for assets.
Landlords and small-portfolio investors should note the following:
The analysis indicates that 31535 is a prime location for those interested in leveraging Section 8 programs for their investment portfolio. It offers a blend of rental opportunities and stable market conditions that align well with the goals of landlords seeking long-term, financially sustainable investments.
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.