Location: Thomas County, GA | Metro: Thomas 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 | $1,180 |
| 1 Bedroom | $1,190 |
| 2 Bedrooms | $1,340 |
| 3 Bedrooms | $1,620 |
| 4 Bedrooms | $1,760 |
| 5 Bedrooms | $2,042 |
| 6 Bedrooms | $2,287 |
| 7 Bedrooms | $2,470 |
| 8 Bedrooms | $2,594 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,620 | $283,932 | 0.57% | F |
| 4BR | $1,760 | $393,163 | 0.45% | F |
U.S. Census Bureau data (2024)
The ZIP code 31757 is home to a population of 11,340 residents. With 25.7% of the population being renters, it indicates a moderate rental market presence rather than a heavy one. This percentage suggests that while there is a notable segment of the population relying on rental housing, it is not overwhelmingly dominated by renters.
The median household income in this area stands at $79,593, which provides a benchmark for assessing the financial capability of potential tenants. The market rent for the area is $1,122 per month. To contextualize this figure, we can calculate that the typical rent consumes approximately 14.1% of the median monthly income (calculated as $1,122 / ($79,593 / 12)). This percentage is relatively low, indicating that most residents could afford the market rent without significant financial strain.
Comparing the market rent to the Fair Market Rent (FMR), which is set at $1,260 for the fiscal year 2026 in the metropolitan area, we see that the market rent in ZIP 31757 is slightly below the FMR. This suggests that landlords in this ZIP might find it easier to attract tenants who qualify for housing vouchers, as the lower market rent means that more voucher holders can afford the rent.
In terms of the tenant profile, landlords in ZIP 31757 should expect a mix of individuals and families who may or may not be using housing vouchers. The moderate percentage of renters and the relatively affordable market rent indicate that landlords will likely encounter tenants who have stable incomes and can manage their rent payments effectively. However, due to the proximity of the market rent to the FMR, there will also be a considerable number of tenants utilizing housing vouchers to cover their rent, ensuring a steady demand for rental properties.
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.