Section 8 Fair Market Rent (FMR) for ZIP 31749 - 2027

Location: Tift County, GA | Metro: Berrien County, GA

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$900
1 Bedroom$910
2 Bedrooms$1,120
3 Bedrooms$1,520
4 Bedrooms$1,730
5 Bedrooms$2,007
6 Bedrooms$2,248
7 Bedrooms$2,428
8 Bedrooms$2,549

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
2,557
Median Household Income
$38,487
Housing Units
1,152
Renter Percentage
32.1%
Occupancy Rate
91.7%
Renter Occupied
339

ZIP code 31749, located within Tift County, GA, exhibits rental market dynamics that are closely aligned with the broader county's trends. The Fair Market Rent (FMR) for the area is set at $1,030 for fiscal year 2026, which mirrors the market rent figure of $1,037. This parity suggests that the rental market in 31749 is neither significantly undervalued nor overpriced compared to the surrounding areas.

The median home value in ZIP 31749 stands at $176,864, which is a key indicator of the overall housing market condition. When juxtaposed against typical Tift County, GA ZIP codes, this figure represents a mid-tier neighborhood. It is neither among the most expensive nor the least valued properties in the county.

A notable characteristic of ZIP 31749 is its 32.1% renter share, which is higher than the average for Tift County. This statistic points towards a relatively dense rental market, potentially driven by various factors including job availability, student populations, or other socio-economic conditions favoring renting over owning.

Given the specific figures, ZIP 31749 can be classified as a mid-tier neighborhood within the Tift County, GA metro. The FMR and market rent are nearly identical, indicating a stable rental market that is reflective of the broader county. Additionally, the median home value places it squarely in the middle range of property values, suggesting neither a premium sub-market nor a value pocket.

However, the high renter share in conjunction with below-average home values could signal a potential sweet spot for Section 8 housing. Landlords and small-portfolio investors should consider this dynamic when evaluating investment opportunities in the area. It may present an opportunity to cater to a significant portion of renters who rely on government assistance for housing, ensuring steady demand and occupancy rates.

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.