FMR is below market; voucher rent may lag private rents.
0.79
1 BR
1 BR- 31522
0.87ratio
FMR$1,670
Market$1,920
vs market-$250
FMR is below market; voucher rent may lag private rents.
0.87
2 BR
2 BR- 31522
0.94ratio
FMR$2,070
Market$2,210
vs market-$140
FMR is near market; voucher and private rents are aligned.
0.94
3 BR
3 BR- 31522
0.73ratio
FMR$2,470
Market$3,380
vs market-$910
FMR is below market; voucher rent may lag private rents.
0.73
4 BR
4 BR- 31522
0.74ratio
FMR$2,910
Market$3,920
vs market-$1,010
FMR is below market; voucher rent may lag private rents.
0.74
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
--
Saint Simons Island, GA fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Saint Simons Island, GA is $2,070 a month. That is up 6.7% from $1,940 in FY 2026. Saint Simons Island is in the Brunswick-St. Simons, 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 $1,378. The median county two-bedroom FMR in Georgia is $1,058, so Saint Simons Island is 96% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Saint Simons Island, GA
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,550
$1,490
−3.9%
$1,341–$1,639
1BR
$1,660
$1,670
+0.6%
$1,503–$1,837
2BR
$1,940
$2,070
+6.7%
$1,863–$2,277
3BR
$2,330
$2,470
+6.0%
$2,223–$2,717
4BR
$2,860
$2,910
+1.7%
$2,619–$3,201
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Saint Simons Island, GA
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,490
$1,670
$2,070
$2,470
$2,910
FY 2026
$1,550
$1,660
$1,940
$2,330
$2,860
FY 2025
$1,480
$1,610
$1,890
$2,350
$2,910
FY 2024
$1,440
$1,450
$1,710
$2,200
$2,740
FY 2023
$1,220
$1,220
$1,500
$2,030
$2,450
Questions about Saint Simons Island, GA rents
How much will Section 8 pay for a two-bedroom in Saint Simons Island, GA?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,378, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,240 to $1,516 a month; under the ZIP-level Small Area FMR of $2,070 it would be $1,863 to $2,277. 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 Saint Simons Island, GA in?
Saint Simons Island, GA is in the Brunswick-St. Simons, GA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,378.
How much did fair market rent change in Saint Simons Island, GA for FY 2027?
The two-bedroom FMR rose 6.7%, from $1,940 in FY 2026 to $2,070 in FY 2027. Since FY 2023 it has risen 38.0%.
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