Section 8 Fair Market Rent (FMR) for ZIP 36875 - 2027

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

Investment Score for ZIP 36875

N/A
Monthly Rent (2BR)
$1,000
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$850
1 Bedroom$870
2 Bedrooms$1,000
3 Bedrooms$1,330
4 Bedrooms$1,550
5 Bedrooms$1,798
6 Bedrooms$2,014
7 Bedrooms$2,175
8 Bedrooms$2,284

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 $1,330 $243,350 0.55% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
4,017
Median Household Income
$55,896
Housing Units
1,960
Renter Percentage
21.4%
Occupancy Rate
86.1%
Renter Occupied
362

The ZIP code 36875 stands out in County XX due to its unique data profile. With a total of 4,017 residents, 21.4% of whom are renters, the area has a median income of $55,896 and a median home value of $237,803. These figures indicate a relatively stable residential environment where homeownership is more prevalent, yet there remains a significant portion of the population that relies on rental housing.

The voucher economics in ZIP 36875 reveal an interesting dynamic. The Fair Market Rent (FMR) for the area in fiscal year 2024 is set at $890, whereas the average market rent, according to Census ACS data, is $680. This suggests that landlords participating in the Section 8 program can expect to receive higher rent payments through vouchers compared to typical market rates. Consequently, this could make the ZIP code attractive to landlords looking to stabilize their cash flow with government-backed rental assistance.

Given the data, ZIP 36875 appears to be a stable market. The median income and home values suggest a moderate economic climate where both homeowners and renters coexist. The disparity between the FMR and the actual market rent also points to a stable demand for subsidized housing, which could continue to support landlords who accept vouchers. This stability is further reinforced by the relatively low percentage of renters, indicating that a majority of the population owns their homes, contributing to a steady community foundation.

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.