Location: Coffee County, GA | Metro: Coffee County, GA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $740 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,340 |
| 4 Bedrooms | $1,610 |
| 5 Bedrooms | $1,868 |
| 6 Bedrooms | $2,092 |
| 7 Bedrooms | $2,259 |
| 8 Bedrooms | $2,372 |
U.S. Census Bureau data (2024)
The market in ZIP code 31567 presents a dynamic scenario that reflects both current conditions and potential future trends. With a Fair Market Rent (FMR) of $990 for fiscal year 2026, the rental market is clearly defined by the government's benchmark, which serves as a critical indicator for Section 8 eligibility and housing assistance programs.
The absence of data on market rent suggests a less active or competitive rental environment compared to other areas. This gap in information could indicate either a lack of recent transactions or a smaller number of rental properties listed, hinting at a market where supply might be slightly ahead of demand. However, the presence of a median home value of $177,526 points towards a stable housing market, where homeownership is accessible and potentially preferred over renting.
A 19.0% renter share reveals a significant but not overwhelming portion of the population relying on rental housing. This figure suggests that while there is demand for rental units, it is not so high as to create intense long-term housing pressure. Instead, it indicates a balanced market where landlords and small-portfolio investors can find opportunities, though perhaps not at the same scale as in more densely populated or expensive regions.
The lack of data on price-cut share and days on market (DOM) prevents a detailed analysis of how quickly properties are being rented or sold. However, the combination of a defined FMR and a median home value provides insight into the affordability and stability of the housing market. Landlords should focus on understanding the local economy, job markets, and any planned developments that could shift these dynamics in favor of increased demand.
In summary, ZIP 31567 offers a market where supply slightly outpaces demand, but the relatively low renter share and stable median home value suggest a balanced and potentially growing market. Investors should monitor local economic indicators and consider the impact of any new developments on housing demand.
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.