FMR is below market; voucher rent may lag private rents.
0.84
1 BR
1 BR- 30502
0.93ratio
FMR$1,410
Market$1,510
vs market-$100
FMR is near market; voucher and private rents are aligned.
0.93
2 BR
2 BR- 30502
0.88ratio
FMR$1,540
Market$1,760
vs market-$220
FMR is below market; voucher rent may lag private rents.
0.88
3 BR
3 BR- 30502
0.96ratio
FMR$1,860
Market$1,930
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.96
4 BR
4 BR- 30502
1.00ratio
FMR$2,220
Market$2,220
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
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
--
Chestnut Mountain, GA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Chestnut Mountain, GA is $1,540 a month. That is up 2.0% from $1,510 in FY 2026. Chestnut Mountain is in the Gainesville, 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 $1,543. The median county two-bedroom FMR in Georgia is $1,058, so Chestnut Mountain is 46% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Chestnut Mountain, GA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,170
$1,180
+0.9%
$1,062–$1,298
1BR
$1,380
$1,410
+2.2%
$1,269–$1,551
2BR
$1,510
$1,540
+2.0%
$1,386–$1,694
3BR
$1,830
$1,860
+1.6%
$1,674–$2,046
4BR
$2,120
$2,220
+4.7%
$1,998–$2,442
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Chestnut Mountain, GA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,180
$1,410
$1,540
$1,860
$2,220
FY 2026
$1,170
$1,380
$1,510
$1,830
$2,120
FY 2025
$1,150
$1,360
$1,510
$1,820
$2,050
FY 2024
$1,080
$1,240
$1,390
$1,720
$1,940
FY 2023
$970
$1,060
$1,200
$1,520
$1,730
Questions about Chestnut Mountain, GA rents
How much will Section 8 pay for a two-bedroom in Chestnut Mountain, GA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,543, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,389 to $1,697 a month; under the ZIP-level Small Area FMR of $1,540 it would be $1,386 to $1,694. 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 Chestnut Mountain, GA in?
Chestnut Mountain, GA is in the Gainesville, GA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,543.
How much did fair market rent change in Chestnut Mountain, GA for FY 2027?
The two-bedroom FMR rose 2.0%, from $1,510 in FY 2026 to $1,540 in FY 2027. Since FY 2023 it has risen 28.3%.
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