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GA/Hall County/Oakwood

Oakwood, GA

CitySAFMR
Hall County
Found 1 ZIP

City Median Investment Score

78Below average

095130300
BRFMR
Eff. Rent
0 BR$1,220$1,340
1 BR$1,460$1,440
2 BR$1,590$1,640
3 BR$1,920$1,890
4 BR$2,290$2,210
5 BR$2,634Not available
6 BR$3,029Not available
7 BR$3,483Not available
8 BR$4,005Not available

Purchase Price Calculator

Maximum purchase price
$181,787

Cost breakdown

+Likely effective rent$1,640
HUD FMR$1,590
Market rent$1,670
Est. payment standard (103%)Used$1,640
-Principal and interest-$919
Loan amount$145,429
Down payment$36,357
Rate6.50%
Term30 years
-Operating costs-$521
Property taxes-$182
Insurance-$175
Utilities$0
HOA$0
Management-$164
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,388(72.6% ROI)
Projected value
$195,765
Return breakdown
Property appreciation+$13,978
Loan principal paid down+$5,210
Rental cash flow+$7,200
5-year hold
+$45,180(124.3% ROI)
Projected value
$205,675
Return breakdown
Property appreciation+$23,888
Loan principal paid down+$9,292
Rental cash flow+$12,000
10-year hold
+$97,056(266.9% ROI)
Projected value
$232,703
Return breakdown
Property appreciation+$50,916
Loan principal paid down+$22,140
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.84
1 BR
1.01
2 BR
0.95
3 BR
1.02
4 BR
1.04
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Oakwood, GA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Oakwood, GA is $1,590 a month. That is up 2.6% from $1,550 in FY 2026. Oakwood 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 Oakwood is 50% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Oakwood, GA
BedroomsFY 2027Change90–110% range
Studio$1,220+1.7%$1,098–$1,342
1BR$1,460+3.5%$1,314–$1,606
2BR$1,590+2.6%$1,431–$1,749
3BR$1,920+2.1%$1,728–$2,112
4BR$2,290+5.0%$2,061–$2,519

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Oakwood, GA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,220$1,460$1,590$1,920$2,290
FY 2026$1,200$1,410$1,550$1,880$2,180
FY 2025$1,200$1,420$1,570$1,890$2,130
FY 2024$1,130$1,300$1,460$1,800$2,030
FY 2023$1,000$1,100$1,240$1,570$1,790

Questions about Oakwood, GA rents

How much will Section 8 pay for a two-bedroom in Oakwood, 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 $1,590 it would be $1,431 to $1,749. 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 Oakwood, GA in?

Oakwood, 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 Oakwood, GA for FY 2027?

The two-bedroom FMR rose 2.6%, from $1,550 in FY 2026 to $1,590 in FY 2027. Since FY 2023 it has risen 28.2%.

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