For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 30142 (Holly Springs, GA) is $1,900 a month. That is down 3.6% from $1,970 in FY 2026. Holly Springs is in the Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 20 ZIP codes in Cherokee County, 30142 is tied for the 8th-highest two-bedroom rent (county range $1,050–$2,310). The median county two-bedroom FMR in Georgia is $1,058, so ZIP 30142 is 80% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 30142
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,720
$1,680
−2.3%
$1,512–$1,848
1BR
$1,800
$1,750
−2.8%
$1,575–$1,925
2BR
$1,970
$1,900
−3.6%
$1,710–$2,090
3BR
$2,360
$2,260
−4.2%
$2,034–$2,486
4BR
$2,820
$2,690
−4.6%
$2,421–$2,959
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 30142
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,680
$1,750
$1,900
$2,260
$2,690
FY 2026
$1,720
$1,800
$1,970
$2,360
$2,820
FY 2025
$1,720
$1,790
$1,980
$2,390
$2,870
FY 2024
$1,730
$1,770
$1,990
$2,410
$2,920
FY 2023
$1,450
$1,480
$1,670
$2,030
$2,480
Two-bedroom rent in nearby Cherokee County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 30142?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,900, that basic range is $1,710 to $2,090 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 ZIP 30142 in?
ZIP 30142 is in the Atlanta-Sandy Springs-Roswell, 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 ZIP 30142 for FY 2027?
The two-bedroom FMR fell 3.6%, from $1,970 in FY 2026 to $1,900 in FY 2027. Since FY 2023 it has risen 13.8%.
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