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GA/Walker County/Chickamauga

Chickamauga, GA

CitySAFMR
Walker County
Found 1 ZIP

City Median Investment Score

70Below average

095130300
BRFMR
Eff. Rent
0 BR$940$940
1 BR$980$980
2 BR$1,070$1,070
3 BR$1,320$1,320
4 BR$1,410$1,410
5 BR$1,621Not available
6 BR$1,865Not available
7 BR$2,144Not available
8 BR$2,466Not available

Purchase Price Calculator

Maximum purchase price
$97,085

Cost breakdown

+Likely effective rent$1,070
HUD FMRUsed$1,070
Market rentN/A
Est. payment standardN/A
-Principal and interest-$491
Loan amount$77,668
Down payment$19,417
Rate6.50%
Term30 years
-Operating costs-$379
Property taxes-$97
Insurance-$175
Utilities$0
HOA$0
Management-$107
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,448(89.9% ROI)
Projected value
$104,550
Return breakdown
Property appreciation+$7,465
Loan principal paid down+$2,783
Rental cash flow+$7,200
5-year hold
+$29,720(153.1% ROI)
Projected value
$109,843
Return breakdown
Property appreciation+$12,758
Loan principal paid down+$4,962
Rental cash flow+$12,000
10-year hold
+$63,016(324.5% ROI)
Projected value
$124,277
Return breakdown
Property appreciation+$27,192
Loan principal paid down+$11,824
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
--
Tax rate
--
Mortgage rate
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Chickamauga, GA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Chickamauga, GA is $1,070 a month. That is down 7.8% from $1,160 in FY 2026. Chickamauga is in the Chattanooga, TN-GA MSA, 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 Chickamauga is 1% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Chickamauga, GA
BedroomsFY 2027Change90–110% range
Studio$940−6.9%$846–$1,034
1BR$980−6.7%$882–$1,078
2BR$1,070−7.8%$963–$1,177
3BR$1,320−9.0%$1,188–$1,452
4BR$1,410−9.0%$1,269–$1,551

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Chickamauga, GA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$940$980$1,070$1,320$1,410
FY 2026$1,010$1,050$1,160$1,450$1,550
FY 2025$1,050$1,100$1,220$1,540$1,660
FY 2024$940$950$1,080$1,380$1,560
FY 2023$800$810$940$1,210$1,430

Questions about Chickamauga, GA rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,070, that basic range is $963 to $1,177 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 Chickamauga, GA in?

Chickamauga, GA is in the Chattanooga, TN-GA MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

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

The two-bedroom FMR fell 7.8%, from $1,160 in FY 2026 to $1,070 in FY 2027. Since FY 2023 it has risen 13.8%.

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