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Evans, GA

CitySAFMR
Columbia County
Found 1 ZIP

City Median Investment Score

107Above average

095130300
BRFMR
Eff. Rent
0 BR$1,490$1,470
1 BR$1,800$1,430
2 BR$1,990$1,570
3 BR$2,500$1,830
4 BR$3,050$2,120
5 BR$3,507Not available
6 BR$4,034Not available
7 BR$4,639Not available
8 BR$5,334Not available

Purchase Price Calculator

Maximum purchase price
$171,385

Cost breakdown

+Likely effective rent$1,570
HUD FMR$1,990
Market rentUsed$1,570
Est. payment standard (90%)$1,790
-Principal and interest-$867
Loan amount$137,108
Down payment$34,277
Rate6.50%
Term30 years
-Operating costs-$503
Property taxes-$171
Insurance-$175
Utilities$0
HOA$0
Management-$157
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$25,290(73.8% ROI)
Projected value
$184,563
Return breakdown
Property appreciation+$13,178
Loan principal paid down+$4,912
Rental cash flow+$7,200
5-year hold
+$43,281(126.3% ROI)
Projected value
$193,906
Return breakdown
Property appreciation+$22,521
Loan principal paid down+$8,760
Rental cash flow+$12,000
10-year hold
+$92,875(271.0% ROI)
Projected value
$219,387
Return breakdown
Property appreciation+$48,002
Loan principal paid down+$20,873
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.01
1 BR
1.26
2 BR
1.27
3 BR
1.37
4 BR
1.44
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Evans, GA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Evans, GA is $1,990 a month. That is up 5.3% from $1,890 in FY 2026. Evans 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 Evans is 88% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Evans, GA
BedroomsFY 2027Change90–110% range
Studio$1,490+5.7%$1,341–$1,639
1BR$1,800+7.8%$1,620–$1,980
2BR$1,990+5.3%$1,791–$2,189
3BR$2,500+2.5%$2,250–$2,750
4BR$3,050+2.7%$2,745–$3,355

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Evans, GA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,490$1,800$1,990$2,500$3,050
FY 2026$1,410$1,670$1,890$2,440$2,970
FY 2025$1,300$1,560$1,760$2,310$2,830
FY 2024$1,210$1,440$1,650$2,200$2,670
FY 2023$1,130$1,340$1,530$2,060$2,520

Questions about Evans, GA rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,990, that basic range is $1,791 to $2,189 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 Evans, GA in?

Evans, 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 Evans, GA for FY 2027?

The two-bedroom FMR rose 5.3%, from $1,890 in FY 2026 to $1,990 in FY 2027. Since FY 2023 it has risen 30.1%.

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