Location: Albany, GA | Metro: Albany, GA MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $870 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,680 |
| 5 Bedrooms | $1,949 |
| 6 Bedrooms | $2,183 |
| 7 Bedrooms | $2,358 |
| 8 Bedrooms | $2,476 |
U.S. Census Bureau data (2024)
The Section 8 analysis for ZIP code 39885 reveals a unique situation due to its extremely small resident population of just 25 individuals. This makes it distinct from other ZIP codes where rental dynamics and housing values are typically more robust. Notably, there is a 0.0% rental rate, indicating that none of the residents are renters, which further emphasizes the peculiar nature of this area.
The lack of data on median income and median home value suggests that this ZIP code might have an atypical demographic composition or economic environment, making it challenging to draw comparisons with broader market trends. However, the Federal Market Rent (FMR) for ZIP code 39885 is set at $1230 for fiscal year 2024, providing a benchmark for rental costs if any were to exist. The absence of a defined market rent figure means that the FMR stands alone as the only available metric for understanding potential rental economics in this area.
Given the limited data and the fact that there are no renters, the overall data signature for ZIP code 39885 reads as "stable." The absence of fluctuating rental rates or significant changes in median home values indicates a static environment. Landlords and small-portfolio investors should be cautious about interpreting this stability as a positive indicator for investment, given the very low number of residents and the non-existent rental market. Instead, the focus should remain on the federal guidelines such as the FMR to gauge the economic viability of any potential rental properties in this ZIP code.
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.