Location: Miller County, GA | Metro: Baker County, GA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $830 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,030 |
| 3 Bedrooms | $1,420 |
| 4 Bedrooms | $1,540 |
| 5 Bedrooms | $1,786 |
| 6 Bedrooms | $2,000 |
| 7 Bedrooms | $2,160 |
| 8 Bedrooms | $2,268 |
U.S. Census Bureau data (2024)
The dynamics of ZIP code 39841 reveal a market in motion, characterized by specific indicators that paint a picture of current conditions. With a Fair Market Rent (FMR) of $970 for fiscal year 2026, this figure suggests a stable rental pricing environment, reflective of the area's economic and demographic makeup.
The absence of recent market rent data and price-cut share percentages indicates a lack of volatility in the rental sector, implying that the existing rents are generally accepted by tenants without significant negotiation. A median home value of $109,625 places this ZIP code in an affordable range for many buyers, potentially attracting first-time homeowners and investors looking for entry-level properties.
The 7.1% renter share points to a predominantly owner-occupied community, which can suggest lower immediate housing pressure compared to areas with higher renter populations. However, it also implies that any increase in demand for rental units could lead to upward pressure on rents, given the relatively low number of available rental properties. This characteristic could be indicative of a market where long-term housing pressure is latent but could emerge if there is a shift towards more renters due to economic changes or population influx.
The snapshot of the ZIP code's real estate market, therefore, frames it as one where supply may currently meet demand, particularly in the rental sector. The affordability of homes and the low renter share suggest a balanced market, but one that is sensitive to changes in demographics and economic conditions. For landlords and small-portfolio investors, this ZIP code presents a stable investment opportunity with potential for growth should the local economy attract more renters or if there is an increase in the number of households seeking rental accommodation.
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.