Location: Clinch County, GA | Metro: Clinch County, GA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $820 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,030 |
| 3 Bedrooms | $1,430 |
| 4 Bedrooms | $1,490 |
| 5 Bedrooms | $1,728 |
| 6 Bedrooms | $1,935 |
| 7 Bedrooms | $2,090 |
| 8 Bedrooms | $2,195 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,430 | $164,711 | 0.87% | C |
U.S. Census Bureau data (2024)
The Section 8 housing market in ZIP code 31634, located in Clinch County, Georgia, presents a unique opportunity for landlords and small-portfolio investors. The HUD Fair Market Rent (FMR) for the area is set at $1,010 for the fiscal year 2026, which significantly exceeds the average market rent of $449 reported by the Census Bureau's American Community Survey (ACS).
This disparity means that voucher tenants in ZIP 31634 can easily cashflow at the HUD FMR rate. Landlords who participate in the Section 8 program will find that their properties can generate positive cash flow without needing to rely on premium units or higher-end renovations. The high FMR relative to the market rent indicates that voucher holders can afford to pay well above the typical rental rates in the area.
To further understand the investment potential, consider the median home value in ZIP 31634, which stands at $128,812. This yields a rent-to-price ratio of approximately 3.4%, calculated by dividing the annual market rent ($449 * 12 months) by the median home value. Such a low ratio suggests that rental income can provide a strong return on investment compared to property values.
Note that the median days on market (DOM) and the percentage of price cuts are not applicable (N/A) in this context, as they do not directly impact the rent-versus-buy dynamics for Section 8 investors. However, the stability of the rental market is noteworthy, as it ensures consistent demand for affordable housing units.
The strongest angle for investors in this market is the guaranteed cashflow from Section 8 vouchers, which provides a stable and predictable income stream that surpasses the local market rent. This makes ZIP 31634 an attractive option for those seeking reliable returns on their real estate investments.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.