FMR is below market; voucher rent may lag private rents.
0.53
1 BR
1 BR- 30621
0.55ratio
FMR$1,190
Market$2,180
vs market-$990
FMR is below market; voucher rent may lag private rents.
0.55
2 BR
2 BR- 30621
0.59ratio
FMR$1,300
Market$2,200
vs market-$900
FMR is below market; voucher rent may lag private rents.
0.59
3 BR
3 BR- 30621
0.70ratio
FMR$1,600
Market$2,270
vs market-$670
FMR is below market; voucher rent may lag private rents.
0.70
4 BR
4 BR- 30621
0.85ratio
FMR$2,180
Market$2,550
vs market-$370
FMR is below market; voucher rent may lag private rents.
0.85
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Bishop, GA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Bishop, GA is $1,300 a month. That is down 5.1% from $1,370 in FY 2026. Bishop is in the Athens-Clarke County, GA MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,285. The median county two-bedroom FMR in Georgia is $1,058, so Bishop is 23% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Bishop, GA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,200
$1,140
−5.0%
$1,026–$1,254
1BR
$1,220
$1,190
−2.5%
$1,071–$1,309
2BR
$1,370
$1,300
−5.1%
$1,170–$1,430
3BR
$1,770
$1,600
−9.6%
$1,440–$1,760
4BR
$2,070
$2,180
+5.3%
$1,962–$2,398
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Bishop, GA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,140
$1,190
$1,300
$1,600
$2,180
FY 2026
$1,200
$1,220
$1,370
$1,770
$2,070
FY 2025
$1,110
$1,140
$1,300
$1,700
$2,020
FY 2024
$1,020
$1,040
$1,200
$1,590
$1,810
FY 2023
$840
$880
$1,020
$1,350
$1,590
Questions about Bishop, GA rents
How much will Section 8 pay for a two-bedroom in Bishop, GA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,285, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,157 to $1,414 a month; under the ZIP-level Small Area FMR of $1,300 it would be $1,170 to $1,430. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Bishop, GA in?
Bishop, GA is in the Athens-Clarke County, GA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,285.
How much did fair market rent change in Bishop, GA for FY 2027?
The two-bedroom FMR fell 5.1%, from $1,370 in FY 2026 to $1,300 in FY 2027. Since FY 2023 it has risen 27.5%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set