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Floyd County/Rome/30161

30161

ZIPSAFMR
Floyd County, GA
Zillow

ZIP Investment Score

113Above average

095130300
BRFMR
Eff. Rent
0 BR$850$940
1 BR$990$1,040
2 BR$1,220$1,230
3 BR$1,600$1,520
4 BR$1,600$1,760
5 BR$1,840Not available
6 BR$2,116Not available
7 BR$2,433Not available
8 BR$2,798Not available

Purchase Price Calculator

Maximum purchase price
$120,861

Cost breakdown

+Likely effective rent$1,230
HUD FMR$1,220
Market rent$1,230
Est. payment standard (101%)Used$1,230
-Principal and interest-$611
Loan amount$96,689
Down payment$24,172
Rate6.50%
Term30 years
-Operating costs-$419
Property taxes-$121
Insurance-$175
Utilities$0
HOA$0
Management-$123
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,957(82.6% ROI)
Projected value
$130,154
Return breakdown
Property appreciation+$9,293
Loan principal paid down+$3,464
Rental cash flow+$7,200
5-year hold
+$34,060(140.9% ROI)
Projected value
$136,743
Return breakdown
Property appreciation+$15,882
Loan principal paid down+$6,177
Rental cash flow+$12,000
10-year hold
+$72,571(300.2% ROI)
Projected value
$154,712
Return breakdown
Property appreciation+$33,851
Loan principal paid down+$14,720
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.83
1 BR
0.93
2 BR
0.99
3 BR
1.05
4 BR
0.80
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 30161 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 30161 (Rome, GA) is $1,220 a month. That is up 0.8% from $1,210 in FY 2026. Rome is in the Rome, GA MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 18 ZIP codes in Floyd County, 30161 is tied for the 3rd-highest two-bedroom rent (county range $1,000–$1,310). The median county two-bedroom FMR in Georgia is $1,058, so ZIP 30161 is 15% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 30161
BedroomsFY 2027Change90–110% range
Studio$850+2.4%$765–$935
1BR$990+5.3%$891–$1,089
2BR$1,220+0.8%$1,098–$1,342
3BR$1,600+2.6%$1,440–$1,760
4BR$1,600−3.0%$1,440–$1,760

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 30161
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$850$990$1,220$1,600$1,600
FY 2026$830$940$1,210$1,560$1,650
FY 2025$800$880$1,150$1,450$1,680
FY 2024$770$770$1,010$1,280$1,520
FY 2023$680$690$900$1,170$1,400

Two-bedroom rent in nearby Floyd County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 30161
30124$1,260+3.3%
30125$1,080−11.5%
30129$1,200−1.6%
30145$1,100−9.8%
30147$1,110−9.0%
30149$1,2200.0%
30161Current$1,220—
30162$1,200−1.6%
30164$1,200−1.6%
30165$1,2200.0%
30172$1,200−1.6%
30173$1,310+7.4%

Questions about ZIP 30161 rents

How much will Section 8 pay for a two-bedroom in ZIP 30161?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,220, that basic range is $1,098 to $1,342 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 30161 in?

ZIP 30161 is in the Rome, GA MSA. 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 30161 for FY 2027?

The two-bedroom FMR rose 0.8%, from $1,210 in FY 2026 to $1,220 in FY 2027. Since FY 2023 it has risen 35.6%.

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

County fair market rentRome, GA fair market rentGA statewide rentsWhat is SAFMR?Data sources