Section 8 Fair Market Rent (FMR) for ZIP 31566 - 2027

Location: Camden County, GA | Metro: Brunswick-St. Simons, GA MSA

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$940
1 Bedroom	$1,010
2 Bedrooms	$1,170
3 Bedrooms	$1,540
4 Bedrooms	$1,800
5 Bedrooms	$2,088
6 Bedrooms	$2,339
7 Bedrooms	$2,526
8 Bedrooms	$2,652

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

3,987

Median Household Income

$60,703

Housing Units

1,665

Renter Percentage

26.3%

Occupancy Rate

82.9%

Renter Occupied

363

Housing Authorities Serving ZIP 31566

Housing Authority of the City of Brunswick (Brunswick, GA) - 763 Section 8 vouchers
SOUTHEAST GEORGIA CONSOLIDATED HOUSING AUTHOR (Saint Marys, GA)
Housing Authority of the City of Nahunta (Nahunta, GA)

The ZIP code 31566, located within the Camden County, GA metro, presents a unique set of characteristics when compared to the typical ZIP codes in the area. With a Fair Market Rent (FMR) of $990 for fiscal year 2024, it stands above the market rent figure of $756, indicating that it is slightly more expensive for renters. The median home value in 31566 is $172,296, which is likely to be lower than the average home value across the entire county, suggesting that this area might be considered a value pocket for potential buyers.

A key feature of 31566 is its 26.3% renter share, which is notably higher than the national average and could signal a significant number of renters who may qualify for Section 8 assistance. This high percentage of renters combined with below-average home values can often indicate a sweet spot for Section 8 landlords and small-portfolio investors. It suggests that there is a demand for rental properties and a likelihood of tenants relying on government subsidies to cover their housing costs.

To further clarify its position within the metro, let's consider the following points:

Rental Costs: At $990 FMR, 31566 is priced higher than the market rent of $756, but it remains accessible to those receiving rental assistance.
Home Values: The home value of $172,296 is indicative of a relatively affordable area for purchasing property, especially for investors looking to acquire assets at a lower cost while still being within a metropolitan region.
Renter Share: The 26.3% renter share is a strong indicator of a neighborhood where a substantial portion of residents are likely to seek rental assistance, making it an attractive location for Section 8-related investments.

In conclusion, based on the provided data, ZIP 31566 appears to be a value pocket within the Camden County, GA metro, particularly appealing for Section 8 landlords and small-portfolio investors due to its balance of slightly elevated rental costs, lower home values, and a high proportion of renters potentially eligible for assistance programs.

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.