Section 8 Fair Market Rent (FMR) for ZIP 31711 - 2027
Location: Sumter County, GA | Metro: Macon County, GA
Investment Score for ZIP 31711
N/A
Monthly Rent (2BR)
$1,000
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
FY 2027 Fair Market Rent Rates
| Unit Size |
Monthly FMR |
| Studio | $760 |
| 1 Bedroom | $770 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,210 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
Investment Analysis by Bedroom Size
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms |
Monthly FMR |
Median Price |
1% Rule |
Grade |
| 3BR |
$1,210 |
$160,309 |
0.75% |
D |
Demographics & Housing Statistics
U.S. Census Bureau data (2024)
Median Household Income
$57,031
When considering whether to invest in ZIP code 31711 for Section 8 properties, follow this decision tree:
- Does FMR $970 (metro FY 2026) clear debt service on a $128,308 property?
- If yes: The Fair Market Rent (FMR) of $970 is sufficient to cover the debt service on a property valued at $128,308, making it financially viable.
- If no: The FMR does not clear the debt service, which means the property will not generate enough income to cover mortgage payments and other expenses, leading to a loss.
- Is market rent $633 (Census ACS) above, at, or below FMR?
- If market rent is above FMR: The market rent of $633 is below the FMR of $970, indicating that Section 8 tenants would pay a higher rent compared to the general market, which could be beneficial for landlords.
- If market rent is at or below FMR: The market rent equals or falls below the FMR, meaning there's no premium for Section 8 properties over the general rental market in this area.
- Are 24.1% renters + N/A-day DOM enough demand?
- If there is enough demand: With 24.1% of the population being renters, and assuming a reasonable number of days on the market (DOM), there is sufficient demand to support Section 8 properties. However, the lack of specific DOM data makes it challenging to determine the exact demand level.
- If there isn't enough demand: The percentage of renters is relatively low at 24.1%, and without knowing the DOM, it's difficult to ascertain if there is adequate demand for Section 8 properties. Landlords might face challenges in filling vacancies.
The decision to buy in ZIP 31711 for Section 8 properties hinges on these factors. If the FMR can cover debt service, market rents are below the FMR, and there is sufficient tenant demand, then the answer is yes. Otherwise, it depends on additional factors such as vacancy rates and competition in the local rental market.
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.