Location: Wayne County, GA | Metro: Wayne 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 | $770 |
| 1 Bedroom | $770 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,640 |
| 5 Bedrooms | $1,902 |
| 6 Bedrooms | $2,130 |
| 7 Bedrooms | $2,300 |
| 8 Bedrooms | $2,415 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,010 | $146,318 | 0.69% | D |
| 3BR | $1,260 | $232,902 | 0.54% | F |
| 4BR | $1,640 | $299,681 | 0.55% | F |
U.S. Census Bureau data (2024)
In Jesup, Georgia (ZIP 31545), the real estate landscape is marked by a median home value of $204,476. This figure, combined with the observation that only 0.2% of listings have seen price reductions, suggests a market where sellers maintain considerable pricing power. The negligible percentage of price reductions indicates a stable demand for housing, which supports the idea that property values are unlikely to experience significant downward pressure over the next 12 to 24 months.
The median days on market (DOM) being listed as N/A can be interpreted in two ways: either there is a lack of recent sales data, or it could indicate that homes are selling very quickly, often before the typical DOM period is recorded. In either case, this supports the notion of strong seller's market conditions, where homes are likely to sell at or near their asking price.
On the rental side, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 is projected to be $1,020, while the current market rent stands at $873 according to Census ACS data. This gap between the current market rent and the future FMR suggests potential upward pressure on rental rates. As rental prices align more closely with the FMR, this could increase the attractiveness of rental properties in Jesup, particularly for long-term investors looking to capitalize on higher rental income.
For long-hold investors, the setup implies a realistic appreciation thesis. The stable demand for housing, indicated by the low rate of price reductions and potentially quick sales, coupled with the expected rise in rental rates, points towards a scenario where both capital appreciation and rental yield could improve. However, the appreciation will likely be gradual rather than explosive, given the current stable market conditions. Long-term investors should focus on the steady growth potential of their investments, leveraging the increasing rental income as a key component of their overall returns.
Landlords and small-portfolio investors in Jesup should consider these dynamics when setting their strategies. With the current median home value and the expectation of rising rents, the investment climate favors those who can hold onto properties for longer periods, allowing them to benefit from both the stability of the housing market and the anticipated increase in 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.