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GA/Morgan County/Social Circle

Social Circle, GA

CitySAFMR
Morgan County
Found 1 ZIP

City Median Investment Score

65Below average

095130300
BRFMR
Eff. Rent
0 BR$1,060$1,170
1 BR$1,100$1,210
2 BR$1,200$1,320
3 BR$1,430$1,570
4 BR$1,710$1,850
5 BR$1,966Not available
6 BR$2,261Not available
7 BR$2,601Not available
8 BR$2,991Not available

Purchase Price Calculator

Maximum purchase price
$134,235

Cost breakdown

+Likely effective rent$1,320
HUD FMR$1,200
Market rent$1,580
Est. payment standard (110%)Used$1,320
-Principal and interest-$679
Loan amount$107,388
Down payment$26,847
Rate6.50%
Term30 years
-Operating costs-$441
Property taxes-$134
Insurance-$175
Utilities$0
HOA$0
Management-$132
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,369(79.6% ROI)
Projected value
$144,556
Return breakdown
Property appreciation+$10,321
Loan principal paid down+$3,847
Rental cash flow+$7,200
5-year hold
+$36,501(136.0% ROI)
Projected value
$151,875
Return breakdown
Property appreciation+$17,640
Loan principal paid down+$6,861
Rental cash flow+$12,000
10-year hold
+$77,946(290.3% ROI)
Projected value
$171,832
Return breakdown
Property appreciation+$37,597
Loan principal paid down+$16,349
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.73
1 BR
0.75
2 BR
0.76
3 BR
0.85
4 BR
0.89
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Social Circle, GA fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Social Circle, GA is $1,200 a month. That is down 9.1% from $1,320 in FY 2026. Social Circle is in the Morgan County, GA 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 Social Circle is 13% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Social Circle, GA
BedroomsFY 2027Change90–110% range
Studio$1,060−7.8%$954–$1,166
1BR$1,100−8.3%$990–$1,210
2BR$1,200−9.1%$1,080–$1,320
3BR$1,430−9.5%$1,287–$1,573
4BR$1,710−9.5%$1,539–$1,881

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Social Circle, GA
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,060$1,100$1,200$1,430$1,710
FY 2026$1,150$1,200$1,320$1,580$1,890
FY 2025$1,190$1,240$1,370$1,650$1,990
FY 2024$1,270$1,300$1,460$1,770$2,140
FY 2023$1,100$1,120$1,270$1,550$1,890

Questions about Social Circle, GA rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,200, that basic range is $1,080 to $1,320 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 Social Circle, GA in?

Social Circle, GA is in the Morgan County, GA 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 Social Circle, GA for FY 2027?

The two-bedroom FMR fell 9.1%, from $1,320 in FY 2026 to $1,200 in FY 2027. Since FY 2023 it has fallen 5.5%.

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