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Boneville, GA

CityFMR
McDuffie County
Found 1 ZIP
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City Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$997$1,100
1 BR$1,202$1,020
2 BR$1,329$1,160
3 BR$1,672$1,480
4 BR$2,035$1,630
5 BR$2,340Not available
6 BR$2,691Not available
7 BR$3,095Not available
8 BR$3,559Not available

Purchase Price Calculator

Maximum purchase price
$110,459

Cost breakdown

+Likely effective rent$1,160
HUD FMR$1,329
Market rentUsed$1,160
Est. payment standard (92%)$1,220
-Principal and interest-$559
Loan amount$88,367
Down payment$22,092
Rate6.50%
Term30 years
-Operating costs-$401
Property taxes-$110
Insurance-$175
Utilities$0
HOA$0
Management-$116
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,859(85.4% ROI)
Projected value
$118,952
Return breakdown
Property appreciation+$8,493
Loan principal paid down+$3,166
Rental cash flow+$7,200
5-year hold
+$32,161(145.6% ROI)
Projected value
$124,974
Return breakdown
Property appreciation+$14,515
Loan principal paid down+$5,646
Rental cash flow+$12,000
10-year hold
+$68,391(309.6% ROI)
Projected value
$141,397
Return breakdown
Property appreciation+$30,938
Loan principal paid down+$13,453
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.85
1 BR
1.18
2 BR
1.15
3 BR
1.13
4 BR
1.25
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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Boneville, GA fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in Boneville, GA is $1,329 a month. That is up 5.4% from $1,261 in FY 2026. Boneville is in the Augusta-Richmond County, GA-SC HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Georgia is $1,058, so Boneville is 26% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Boneville, GA
BedroomsFY 2027Change90–110% range
Studio$997+6.2%$897–$1,097
1BR$1,202+7.9%$1,082–$1,322
2BR$1,329+5.4%$1,196–$1,462
3BR$1,672+2.8%$1,505–$1,839
4BR$2,035+2.6%$1,832–$2,239

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Boneville, GA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$997$1,202$1,329$1,672$2,035
FY 2026$939$1,114$1,261$1,627$1,984
FY 2025$868$1,039$1,175$1,545$1,890
FY 2024$805$961$1,100$1,463$1,779
FY 2023$750$890$1,017$1,369$1,675

Questions about Boneville, GA rents

How much will Section 8 pay for a two-bedroom in Boneville, GA?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,329, that basic range is $1,196 to $1,462 a month. 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 Boneville, GA in?

Boneville, GA is in the Augusta-Richmond County, GA-SC HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in Boneville, GA for FY 2027?

The two-bedroom FMR rose 5.4%, from $1,261 in FY 2026 to $1,329 in FY 2027. Since FY 2023 it has risen 30.7%.

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 Fair Market Rents. 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