Location: Coffee County, GA | Metro: Atkinson County, GA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $740 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,510 |
| 5 Bedrooms | $1,752 |
| 6 Bedrooms | $1,962 |
| 7 Bedrooms | $2,119 |
| 8 Bedrooms | $2,225 |
U.S. Census Bureau data (2024)
ZIP code 31650, located within the Coffee County, GA metro area, presents a unique profile compared to typical ZIP codes in the county. The Fair Market Rent (FMR) for ZIP 31650 is set at $970 for fiscal year 2026, which is notably higher than the average market rent of $613. This suggests that 31650 is positioned as a premium sub-market within the metro, offering rental rates above what the typical market offers.
The median home value in ZIP 31650 stands at $130,039, which is relatively low when considering it against the backdrop of a premium rental market. This divergence indicates a potential opportunity for landlords and small-portfolio investors who can capitalize on the higher rental demand without facing the same level of competition in property acquisition as they might in areas with both high rents and high home values.
A significant 40.1% of residents in 31650 are renters, which is a substantial portion and may point towards a concentration of rental properties that could be attractive for Section 8 housing. The combination of a below-metro home value with a higher-than-average renter share suggests that this ZIP code could be particularly appealing for Section 8 landlords, as it implies a strong tenant pool with less expensive property costs relative to other areas.
To summarize, ZIP 31650 appears to be a premium sub-market within the Coffee County, GA metro due to its higher FMR, but it also stands out as a value pocket because of its lower home values. This makes it an intriguing area for those interested in Section 8 real estate, given the strong rental market dynamics and the potential for cost-effective property 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.