FMR is below market; voucher rent may lag private rents.
0.54
1 BR
1 BR- 30560
0.56ratio
FMR$970
Market$1,730
vs market-$760
FMR is below market; voucher rent may lag private rents.
0.56
2 BR
2 BR- 30560
0.63ratio
FMR$1,260
Market$2,000
vs market-$740
FMR is below market; voucher rent may lag private rents.
0.63
3 BR
3 BR- 30560
0.74ratio
FMR$1,710
Market$2,300
vs market-$590
FMR is below market; voucher rent may lag private rents.
0.74
4 BR
4 BR- 30560
0.66ratio
FMR$1,760
Market$2,650
vs market-$890
FMR is below market; voucher rent may lag private rents.
0.66
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
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Morganton, GA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Morganton, GA is $1,260 a month. That is down 10.0% from $1,400 in FY 2026. Morganton is in the Fannin County, GA non-metropolitan FMR area. 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 county-wide two-bedroom FMR of $1,002. The median county two-bedroom FMR in Georgia is $1,058, so Morganton is 19% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Morganton, GA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,060
$960
−9.4%
$864–$1,056
1BR
$1,070
$970
−9.3%
$873–$1,067
2BR
$1,400
$1,260
−10.0%
$1,134–$1,386
3BR
$1,900
$1,710
−10.0%
$1,539–$1,881
4BR
$1,950
$1,760
−9.7%
$1,584–$1,936
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Morganton, GA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$960
$970
$1,260
$1,710
$1,760
FY 2026
$1,060
$1,070
$1,400
$1,900
$1,950
FY 2025
$1,030
$1,040
$1,360
$1,900
$1,970
FY 2024area FMR
$707
$711
$885
$1,247
$1,270
FY 2023area FMR
$662
$666
$788
$1,120
$1,146
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Morganton, GA rents
How much will Section 8 pay for a two-bedroom in Morganton, GA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,002, which applies unless the housing authority uses Small Area FMRs, that basic range is $902 to $1,102 a month; under the ZIP-level Small Area FMR of $1,260 it would be $1,134 to $1,386. 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 Morganton, GA in?
Morganton, GA is in the Fannin County, GA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,002.
How much did fair market rent change in Morganton, GA for FY 2027?
The two-bedroom FMR fell 10.0%, from $1,400 in FY 2026 to $1,260 in FY 2027. Since FY 2025 it has fallen 7.4%.
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