FMR is near market; voucher and private rents are aligned.
1.00
3 BR
3 BR
0.99ratio
FMR$1,750
Market$1,770
vs market-$20
FMR is near market; voucher and private rents are aligned.
0.99
4 BR
4 BR
0.98ratio
FMR$2,080
Market$2,120
vs market-$40
FMR is near market; voucher and private rents are aligned.
0.98
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
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ZIP 30287 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 30287 (Morrow, GA) is $1,470 a month. That is down 2.6% from $1,510 in FY 2026. Morrow 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 Clayton County, 30287 is tied for the 11th-highest two-bedroom rent (county range $1,270–$1,960). The median county two-bedroom FMR in Georgia is $1,058, so ZIP 30287 is 39% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 30287
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,320
$1,300
−1.5%
$1,170–$1,430
1BR
$1,380
$1,350
−2.2%
$1,215–$1,485
2BR
$1,510
$1,470
−2.6%
$1,323–$1,617
3BR
$1,810
$1,750
−3.3%
$1,575–$1,925
4BR
$2,160
$2,080
−3.7%
$1,872–$2,288
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 30287
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,300
$1,350
$1,470
$1,750
$2,080
FY 2026
$1,320
$1,380
$1,510
$1,810
$2,160
FY 2025
$1,330
$1,380
$1,530
$1,840
$2,220
FY 2024
$1,350
$1,390
$1,560
$1,890
$2,290
FY 2023
$1,140
$1,170
$1,320
$1,610
$1,960
Two-bedroom rent in nearby Clayton County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 30287?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,470, that basic range is $1,323 to $1,617 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 30287 in?
ZIP 30287 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 30287 for FY 2027?
The two-bedroom FMR fell 2.6%, from $1,510 in FY 2026 to $1,470 in FY 2027. Since FY 2023 it has risen 11.4%.
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