Location: Appling County, GA | Metro: Appling County, GA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $920 |
| 1 Bedroom | $970 |
| 2 Bedrooms | $1,160 |
| 3 Bedrooms | $1,510 |
| 4 Bedrooms | $1,900 |
| 5 Bedrooms | $2,204 |
| 6 Bedrooms | $2,468 |
| 7 Bedrooms | $2,665 |
| 8 Bedrooms | $2,798 |
U.S. Census Bureau data (2024)
15.0% of residents in ZIP code 31563 are renters, indicating a modest demand for rental properties in the area. However, the $148,717 median home value suggests that property values are relatively stable and could provide a solid investment opportunity. The $62,917 median income indicates that the average household has a reasonable amount of disposable income, which can be crucial for maintaining rental payments. Despite this, the Fair Market Rent (FMR) set at $1,180 for the metro area in fiscal year 2026 highlights a significant gap between what the government deems fair and the actual median home value, potentially making it challenging for landlords to cover costs while remaining competitive. The lack of data on days on market (DOM) and the percentage of price-cut share does not provide insight into the speed of property sales or the frequency of price reductions, which are important metrics for assessing market liquidity and competition. For landlords and small-portfolio investors considering Section 8 participation, the $1,180 FMR serves as a critical benchmark. Given the disparity between median home values and the FMR, landlords should carefully evaluate their costs and expected returns before entering the Section 8 market. The verdict for Section 8 participation in ZIP 31563 is cautious, emphasizing the need for thorough financial planning.
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.