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DeKalb County/Conley/30288

30288

ZIPSAFMR
DeKalb County, GA
Zillow

ZIP Investment Score

132High yield potential

095130300
BRFMR
Eff. Rent
0 BR$1,140$900
1 BR$1,190$810
2 BR$1,290$1,380
3 BR$1,540$1,570
4 BR$1,830$2,010
5 BR$2,105Not available
6 BR$2,420Not available
7 BR$2,783Not available
8 BR$3,201Not available

Purchase Price Calculator

Maximum purchase price
$143,151

Cost breakdown

+Likely effective rent$1,380
HUD FMR$1,290
Market rent$1,430
Est. payment standard (107%)Used$1,380
-Principal and interest-$724
Loan amount$114,521
Down payment$28,630
Rate6.50%
Term30 years
-Operating costs-$456
Property taxes-$143
Insurance-$175
Utilities$0
HOA$0
Management-$138
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,310(77.9% ROI)
Projected value
$154,158
Return breakdown
Property appreciation+$11,007
Loan principal paid down+$4,103
Rental cash flow+$7,200
5-year hold
+$38,128(133.2% ROI)
Projected value
$161,962
Return breakdown
Property appreciation+$18,811
Loan principal paid down+$7,317
Rental cash flow+$12,000
10-year hold
+$81,529(284.8% ROI)
Projected value
$183,245
Return breakdown
Property appreciation+$40,094
Loan principal paid down+$17,434
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.27
1 BR
1.47
2 BR
0.90
3 BR
0.97
4 BR
0.87
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 30288 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 30288 (Conley, GA) is $1,290 a month. That is down 0.8% from $1,300 in FY 2026. Conley 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 57 ZIP codes in DeKalb County, 30288 is tied for the 54th-highest two-bedroom rent (county range $1,200–$2,410). The median county two-bedroom FMR in Georgia is $1,058, so ZIP 30288 is 22% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 30288
BedroomsFY 2027Change90–110% range
Studio$1,140+0.9%$1,026–$1,254
1BR$1,1900.0%$1,071–$1,309
2BR$1,290−0.8%$1,161–$1,419
3BR$1,540−1.3%$1,386–$1,694
4BR$1,830−1.6%$1,647–$2,013

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 30288
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,140$1,190$1,290$1,540$1,830
FY 2026$1,130$1,190$1,300$1,560$1,860
FY 2025$1,130$1,170$1,300$1,570$1,880
FY 2024$1,180$1,210$1,360$1,640$2,000
FY 2023$1,010$1,040$1,170$1,420$1,740

Two-bedroom rent in nearby DeKalb County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 30288
30288Current$1,290—
30294$1,790+38.8%
30306$2,150+66.7%
30307$2,220+72.1%
30315$1,200−7.0%
30316$1,820+41.1%
30317$1,860+44.2%
30319$2,390+85.3%
30322$2,150+66.7%
30324$2,410+86.8%
30326$2,340+81.4%
30328$2,370+83.7%

Questions about ZIP 30288 rents

How much will Section 8 pay for a two-bedroom in ZIP 30288?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,290, that basic range is $1,161 to $1,419 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 30288 in?

ZIP 30288 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 30288 for FY 2027?

The two-bedroom FMR fell 0.8%, from $1,300 in FY 2026 to $1,290 in FY 2027. Since FY 2023 it has risen 10.3%.

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