Section 8 Fair Market Rent (FMR) for ZIP 31548 - 2027

Location: Camden County, GA | Metro: Camden County, GA

Investment Score for ZIP 31548

D
Monthly Rent (2BR)
$1,270
Median Price (2BR)
$187,507
1% Rule
0.68%
Annual Yield
8.13%

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$1,050
1 Bedroom$1,170
2 Bedrooms$1,270
3 Bedrooms$1,760
4 Bedrooms$2,060
5 Bedrooms$2,390
6 Bedrooms$2,677
7 Bedrooms$2,891
8 Bedrooms$3,036

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 $1,270 $187,507 0.68% D
3BR $1,760 $273,459 0.64% D
4BR $2,060 $356,397 0.58% F
5BR $2,390 $397,370 0.6% D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
24,070
Median Household Income
$75,804
Housing Units
10,175
Renter Percentage
31.2%
Occupancy Rate
92.8%
Renter Occupied
2,949

The Fair Market Rent (FMR) for ZIP code 31548, which includes Kingsland, Georgia, is set at $1,160 for the metro area fiscal year 2026. This figure represents the payment standard for Section 8 housing vouchers, meaning that landlords will receive this amount per month from the government for eligible tenants. It's important to note that this is not the rent you'll charge your tenant directly; it's the maximum reimbursement rate.

In contrast, the local Zillow Observed Rent Index (ZORI) for the same area is $1,580. This indicates that market rents are higher than the Section 8 reimbursement rate, suggesting that landlords will need to ensure they can cover costs and maintain profitability with the lower reimbursement rate.

The demand for rentals in Kingsland is substantial, with renters comprising 31.2% of the population. This high percentage signals a robust market for rental properties, including those participating in the Section 8 program. However, landlords must be aware that the reimbursement rate may not fully cover all expenses, especially if market rates are significantly higher.

Acquiring a property in this area comes with a price tag. The median home value in ZIP 31548 is approximately $297,347. This figure reflects the typical cost of purchasing a home suitable for a Section 8 tenant. Landlords should consider this when evaluating whether the monthly reimbursement rate aligns with their investment goals and property management costs.

Before proceeding with a Section 8 rental, one critical step is to verify the condition of the property against HUD’s Housing Quality Standards (HQS). These standards ensure that the rental unit meets basic safety and habitability requirements. Failure to comply with these standards can result in non-payment and legal issues. Therefore, conducting a thorough inspection to meet HQS is essential to avoid complications down the line.

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.