Section 8 Fair Market Rent (FMR) for ZIP 31826 - 2027

Location: Columbus, GA | Metro: Talbot County, GA HUD Metro FMR Area

Investment Score for ZIP 31826

B
Monthly Rent (2BR)
$1,420
Median Price (2BR)
$122,225
1% Rule
1.16%
Annual Yield
13.94%

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$1,200
1 Bedroom$1,230
2 Bedrooms$1,420
3 Bedrooms$1,910
4 Bedrooms$2,190
5 Bedrooms$2,540
6 Bedrooms$2,845
7 Bedrooms$3,073
8 Bedrooms$3,227

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
2BR $1,420 $122,225 1.16% B
3BR $1,910 $224,749 0.85% C

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
2,552
Median Household Income
$85,376
Housing Units
1,064
Renter Percentage
34.0%
Occupancy Rate
84.9%
Renter Occupied
307

The real estate landscape in Shiloh, Georgia (ZIP 31826), presents a nuanced picture for both landlords and small-portfolio investors. The median home value stands at $204,089, indicating a stable residential market. However, the absence of data on the percentage of listings that have been reduced and the median days on market (DOM) suggests a lack of recent volatility in the housing market. This stability points towards a scenario where pricing power will remain steady over the next 12-24 months.

On the rental side, the Fair Market Rent (FMR) for ZIP 31826 in fiscal year 2024 is set at $890, while the Census ACS reports a market rent of $1,287. This significant gap between government-subsidized rent and market rates highlights an opportunity for landlords who can cater to tenants outside the Section 8 program. Investors should focus on properties that can command rents closer to the market rate, ensuring a more robust cash flow position.

The setup implied by the data suggests that long-term appreciation in ZIP 31826 is likely to be modest. The stable median home values and the absence of rapid price reductions or quick sales cycles indicate a balanced market without strong upward or downward pressures. For investors looking to hold properties long-term, the expectation is a gradual increase in property values rather than a sharp rise.

To capitalize on this environment, landlords should consider the following:

In conclusion, the current real estate conditions in Shiloh, Georgia, suggest a market that favors stability over rapid growth. Long-term investors should focus on maintaining and enhancing their portfolio's value through quality management and strategic positioning to capture the best possible returns within this context.

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.