Location: Wheeler County, GA | Metro: Telfair County, GA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $880 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,370 |
| 5 Bedrooms | $1,589 |
| 6 Bedrooms | $1,780 |
| 7 Bedrooms | $1,922 |
| 8 Bedrooms | $2,018 |
U.S. Census Bureau data (2024)
The ZIP code 31549, with a population of 1,803, has a significant portion of its residents as renters at 32.8%. This indicates a moderate tenant-heavy environment, suitable for landlords looking to cater to those who rely on rental housing. The median household income in this area is $51,402, which is crucial when considering the affordability of housing.
The market rent for properties in this ZIP code stands at $659. To put this into perspective, the typical rent consumes approximately 12.8% of the median household income, calculated by dividing the monthly rent by the annual income and multiplying by 12. This suggests that the majority of residents can comfortably afford the rent without it being an overwhelming expense.
Comparing the market rent to the Fair Market Rent (FMR) of $1,140, which is set for FY 2026 and applies to the metropolitan area, we see that the actual rents in ZIP 31549 are significantly lower. This difference highlights that the area is less expensive than the broader metropolitan average, making it potentially attractive for tenants seeking affordable housing options.
In terms of Section 8 vouchers, the FMR of $1,140 serves as a benchmark for determining eligibility and payment standards. Given the lower market rent of $659, there is likely strong demand for Section 8 vouchers among renters in this ZIP code. Landlords here should expect tenants who require financial assistance through housing vouchers to make up a considerable portion of their applicant pool.
The tenant profile in ZIP 31549 will predominantly consist of individuals and families with incomes below the median, seeking affordable housing solutions. These tenants will likely rely on Section 8 vouchers to cover a significant portion of their rent, making it essential for landlords to understand the requirements and benefits of participating in the Section 8 program. While the presence of vouchers ensures a steady stream of potential tenants, it also means landlords must be prepared to navigate the regulations and processes associated with federally subsidized housing.
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.