Section 8 Fair Market Rent (FMR) for ZIP 31830 - 2027

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

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$810
1 Bedroom$850
2 Bedrooms$1,000
3 Bedrooms$1,380
4 Bedrooms$1,540
5 Bedrooms$1,786
6 Bedrooms$2,000
7 Bedrooms$2,160
8 Bedrooms$2,268

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
2,176
Median Household Income
$61,250
Housing Units
1,183
Renter Percentage
21.6%
Occupancy Rate
80.3%
Renter Occupied
205

Housing Authorities Serving ZIP 31830

ZIP code 31830, located within the Columbus, GA-AL HUD Metro FMR Area, exhibits characteristics that suggest it could be considered a value pocket within the broader metropolitan context. Its Fair Market Rent (FMR) for FY 2024 stands at $1190, which is notably higher than the market rent of $785. This discrepancy indicates potential for landlords who can offer properties at or near the market rent, thereby benefiting from the subsidy gap. The median home value in ZIP 31830 is $203,993, which is likely below the average home value for the entire Columbus, GA-AL HUD Metro FMR Area, positioning it as an affordable option for both renters and buyers.

A key feature of ZIP 31830 is its relatively high renter share of 21.6%. Typically, a higher percentage of renters suggests greater demand for rental properties, especially in areas where home values are lower compared to the metro average. This combination of a high renter share and below-average home values can create a favorable environment for landlords participating in Section 8 programs, as it aligns with the program's goal of providing affordable housing options to low-income families.

To further contextualize ZIP 31830's position, consider the following:

Given these specifics, ZIP 31830 appears to be a value pocket within the Columbus, GA-AL HUD Metro FMR Area, offering opportunities for landlords and small-portfolio investors who are willing to participate in the Section 8 program. The high renter share coupled with below-metro home values and a subsidy-friendly FMR structure supports this inference.

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.