Section 8 Fair Market Rent (FMR) for ZIP 31836 - 2027

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

Investment Score for ZIP 31836

N/A
Monthly Rent (2BR)
$1,130
Median Price (2BR)
$N/A
1% Rule
0%
Annual Yield
0%

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$950
1 Bedroom$970
2 Bedrooms$1,130
3 Bedrooms$1,530
4 Bedrooms$1,700
5 Bedrooms$1,972
6 Bedrooms$2,209
7 Bedrooms$2,386
8 Bedrooms$2,505

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
3BR $1,530 $191,938 0.8% D

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
1,009
Median Household Income
$46,771
Housing Units
554
Renter Percentage
20.2%
Occupancy Rate
76.9%
Renter Occupied
86

The ZIP code 31836 stands out in its county due to a unique combination of factors that influence its real estate market. With a population of just 1,099 residents, it has a relatively low density compared to other areas. Despite this, 20.2% of the residents are renters, indicating a notable demand for rental properties. The median household income in this ZIP is $46,771, which is slightly below the national average, suggesting a moderate economic environment. However, the median home value is significantly higher at $189,239, reflecting a strong housing market.

When it comes to Section 8 vouchers, the Fair Market Rent (FMR) for ZIP 31836 in fiscal year 2024 is set at $890. This figure is notably higher than the current market rent, which is estimated at $683 based on Census ACS data. This discrepancy presents an opportunity for landlords, as the higher FMR can potentially cover the cost of maintaining properties at a standard that meets both market expectations and the requirements of the Section 8 program.

The data suggests that ZIP 31836 is currently in a transitional phase. While the median income is moderate, the high median home value and the disparity between FMR and market rent indicate a dynamic real estate landscape. Landlords and small-portfolio investors should be prepared for fluctuations in demand and pricing as the area continues to evolve. The higher FMR provides a buffer against potential decreases in market rent, making it a stable option for those willing to participate in the Section 8 program.

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.