Location: Randolph County, GA | Metro: Calhoun County, GA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $810 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,400 |
| 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 ZIP code 39846 is predominantly a renter-heavy area with significant voucher demand. With 49.6% of the population renting, this indicates a strong reliance on rental properties. The total population of 1,828 suggests a manageable size for small-portfolio investors to navigate effectively.
The median household income stands at $36,661, which is notably lower than the Fair Market Rent (FMR) threshold of $1,020 per month for FY 2026 in the metro area. This disparity highlights the financial strain many residents face when trying to secure housing. At $446 per month, the typical market rent consumes approximately 12.2% of the average monthly income, making it relatively affordable for most tenants.
However, given that the FMR is set at $1,020, landlords in ZIP 39846 should anticipate a high proportion of tenants who qualify for Section 8 vouchers. These vouchers are designed to help low-income families afford housing that would otherwise be out of reach. The gap between the median income and the FMR underscores the necessity for government assistance in this region.
A landlord in this ZIP code can expect a tenant pool that heavily relies on Section 8 vouchers. The demand for subsidized housing is high due to the economic conditions of the area. Tenants will likely include low-income families, seniors, and individuals with disabilities who require financial aid to cover their living expenses.
To summarize, ZIP 39846 is characterized by a substantial number of renters and a lower median income compared to the FMR. Landlords should prepare for a tenant base that primarily utilizes Section 8 vouchers to meet their housing needs.
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.