Location: Colquitt County, GA | Metro: Colquitt County, GA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $770 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,190 |
| 4 Bedrooms | $1,560 |
| 5 Bedrooms | $1,810 |
| 6 Bedrooms | $2,027 |
| 7 Bedrooms | $2,189 |
| 8 Bedrooms | $2,298 |
U.S. Census Bureau data (2024)
The ZIP code 31753 stands out due to its extremely low number of residents—only 35 people—making it one of the smallest communities analyzed under Section 8 criteria. With 40.0% of the population renting, the rental market here is notable for its size relative to the total population. However, the lack of data on median income and median home value suggests that this ZIP code might be too small to provide reliable statistics for these measures.
Moving to voucher economics, the Fair Market Rent (FMR) for the metro area including ZIP 31753 is set at $970 for fiscal year 2026. This figure represents the maximum amount that landlords can receive through the Section 8 program for rental units in this area. Without specific market rent data for ZIP 31753, it's challenging to assess how the FMR compares to actual rents. However, the FMR provides a benchmark for landlords to consider when setting their own rental prices.
Given the limited data available, it's difficult to definitively categorize ZIP 31753 as either stable or transitional. The small resident base and high percentage of renters suggest a community that could be highly sensitive to changes in the local economy or housing market. Landlords and small-portfolio investors should proceed with caution, considering the potential volatility in such a small market. Monitoring trends closely will be crucial for understanding any shifts in stability or transition.
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.