Location: Talbot County, GA | Metro: Talbot County, GA HUD Metro FMR Area
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 | $850 |
| 1 Bedroom | $870 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,550 |
| 5 Bedrooms | $1,798 |
| 6 Bedrooms | $2,014 |
| 7 Bedrooms | $2,175 |
| 8 Bedrooms | $2,284 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,390 | $153,743 | 0.9% | C |
U.S. Census Bureau data (2024)
The ZIP code 31827 presents a significant opportunity for landlords and small-portfolio investors interested in Section 8 tenants. With a population of 1,590, this area has a substantial 22.4% of residents who are renters. This indicates that it is indeed a renter-heavy ZIP, which suggests there will be deep voucher demand. The median household income in this area stands at $34,946, providing a critical benchmark against which market rents can be evaluated.
The current market rent in ZIP 31827 is $826 per month. This represents approximately 23.7% of the median household income, calculated by dividing the monthly rent by the annual income ($826 / $34,946 * 12). This percentage highlights that typical rent consumes a considerable portion of local incomes, but it remains within the realm of affordability for many residents given the economic context of the area.
Comparing the market rent to the Fair Market Rent (FMR), which is set at $890 for fiscal year 2024, reveals that the actual market rent is slightly below the FMR. This difference suggests that landlords might have some flexibility in pricing their units competitively while still aligning with federal guidelines for Section 8 vouchers.
A landlord in ZIP 31827 should expect a tenant profile characterized by individuals and families who rely on government assistance to meet housing costs. These tenants are likely to have incomes that qualify them for Section 8 vouchers, which can cover a significant portion of the rent. Given the economic conditions, these tenants would typically allocate around 23.7% of their income towards rent, making them reliable and stable occupants for properties priced within the market range.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.