FMR is near market; voucher and private rents are aligned.
0.93
1 BR
1 BR- 30812
1.08ratio
FMR$1,180
Market$1,090
vs market+$90
FMR is near market; voucher and private rents are aligned.
1.08
2 BR
2 BR- 30812
1.03ratio
FMR$1,310
Market$1,270
vs market+$40
FMR is near market; voucher and private rents are aligned.
1.03
3 BR
3 BR- 30812
1.15ratio
FMR$1,650
Market$1,430
vs market+$220
FMR is above market; underwrite to market rent.
1.15
4 BR
4 BR- 30812
1.20ratio
FMR$2,010
Market$1,670
vs market+$340
FMR is above market; underwrite to market rent.
1.20
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
--
Gracewood, GA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Gracewood, GA is $1,310 a month. That is up 8.3% from $1,210 in FY 2026. Gracewood 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 Gracewood is 24% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Gracewood, GA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$900
$980
+8.9%
$882–$1,078
1BR
$1,070
$1,180
+10.3%
$1,062–$1,298
2BR
$1,210
$1,310
+8.3%
$1,179–$1,441
3BR
$1,560
$1,650
+5.8%
$1,485–$1,815
4BR
$1,900
$2,010
+5.8%
$1,809–$2,211
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Gracewood, GA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$980
$1,180
$1,310
$1,650
$2,010
FY 2026
$900
$1,070
$1,210
$1,560
$1,900
FY 2025
$810
$960
$1,090
$1,430
$1,750
FY 2024
$750
$890
$1,020
$1,360
$1,650
FY 2023
$750
$890
$1,020
$1,370
$1,680
Questions about Gracewood, GA rents
How much will Section 8 pay for a two-bedroom in Gracewood, GA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,310, that basic range is $1,179 to $1,441 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 Gracewood, GA in?
Gracewood, 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 Gracewood, GA for FY 2027?
The two-bedroom FMR rose 8.3%, from $1,210 in FY 2026 to $1,310 in FY 2027. Since FY 2023 it has risen 28.4%.
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