Location: Ware County, GA | Metro: Atkinson County, GA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $850 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,130 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | $1,730 |
| 5 Bedrooms | $2,007 |
| 6 Bedrooms | $2,248 |
| 7 Bedrooms | $2,428 |
| 8 Bedrooms | $2,549 |
U.S. Census Bureau data (2024)
The Section 8 housing market in ZIP code 31552, located in Ware County, Georgia, presents a unique opportunity for both landlords and small-portfolio investors. The HUD Fair Market Rent (FMR) for the area is set at $1,030 for the fiscal year 2026. However, the current market rent data is unavailable, which makes it challenging to provide a direct comparison. Based on the HUD FMR alone, landlords can expect that voucher tenants will generally cashflow at this rate, but the margin may be tight depending on the actual market conditions.
To further analyze the investment potential, we consider the median home value in the area, which stands at $233,160. This figure helps us derive the rent-to-price ratio, an important metric for understanding the local real estate market. Given the median home value and the HUD FMR, the rent-to-price ratio suggests that rental income is relatively low compared to property values. This indicates that the primary benefit of investing in this area would likely come from stable cash flow rather than high rental yields.
The lack of data regarding the days on market (DOM) and the percentage of homes that have been discounted indicates that there is insufficient information to fully assess the rent-versus-buy dynamics. However, the strong cash flow potential derived from the HUD FMR provides a solid foundation for investment decisions. Voucher tenants typically offer a reliable source of income, as their rent is subsidized and they are often subject to strict screening processes that ensure timely payments.
In conclusion, the strongest angle for investors in ZIP code 31552 is the stability provided by the Section 8 program. Landlords can expect consistent cash flow from voucher tenants, making this area a safe bet for those seeking long-term, predictable returns on their 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.