Section 8 Fair Market Rent (FMR) for ZIP 31807 - 2027

Location: Columbus, GA | Metro: Columbus, GA-AL HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,090
1 Bedroom	$1,110
2 Bedrooms	$1,280
3 Bedrooms	$1,710
4 Bedrooms	$1,990
5 Bedrooms	$2,308
6 Bedrooms	$2,585
7 Bedrooms	$2,792
8 Bedrooms	$2,932

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

2,704

Median Household Income

$109,345

Housing Units

990

Renter Percentage

2.9%

Occupancy Rate

92.8%

Renter Occupied

Housing Authorities Serving ZIP 31807

Housing Authority of the County of Harris (Hamilton, GA)

The ZIP code 31807, located in Valdosta, Georgia, offers a unique opportunity for real estate investors interested in the Section 8 housing market. This area is characterized by a mix of residential neighborhoods, with a significant portion of the population being renters who rely on government assistance for housing.

Fair Market Rent (FMR) for ZIP 31807 in fiscal year 2024: The FMR is set at $1320, providing a benchmark for rental properties that aim to attract tenants participating in the Section 8 program.
Renter Share: Only 2.9% of the households in this area are renters, indicating a relatively low demand for rental units compared to other regions.
Median Home Value: The median home value stands at $366,130, which is higher than the national average, suggesting that homeownership is prevalent and valued in the community.
Median Income: With a median income of $109,345, residents of ZIP 31807 have above-average earning potential, but this does not necessarily translate to a high demand for rental properties.
Days on Market (DOM): The lack of data on days on market suggests either limited activity in the rental sector or that listings are quickly absorbed by the local market.

Investors considering the Section 8 market in ZIP 31807 should be aware of the relatively low FMR and the small percentage of renters in the area. Despite the high median home value and median income, these factors do not significantly impact the rental market, which remains niche. Given the scarcity of rental data, it's advisable for investors to focus on properties that align closely with the FMR to ensure compliance and appeal to Section 8 tenants. However, the overall demand for rentals appears limited, so careful consideration of the investment strategy is recommended.

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.