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Fulton County/Atlanta/30308

30308

ZIPSAFMR
Fulton County, GA
Zillow

ZIP Investment Score

47Below average

095130300
BRFMR
Eff. Rent
0 BR$1,950$1,600
1 BR$2,030$1,600
2 BR$2,230$2,450
3 BR$2,670$2,940
4 BR$3,190$3,440
5 BR$3,668Not available
6 BR$4,219Not available
7 BR$4,852Not available
8 BR$5,579Not available

Purchase Price Calculator

Maximum purchase price
$302,153

Cost breakdown

+Likely effective rent$2,450
HUD FMR$2,230
Market rent$2,590
Est. payment standard (110%)Used$2,450
-Principal and interest-$1,528
Loan amount$241,722
Down payment$60,431
Rate6.50%
Term30 years
-Operating costs-$722
Property taxes-$302
Insurance-$175
Utilities$0
HOA$0
Management-$245
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,093(64.7% ROI)
Projected value
$325,385
Return breakdown
Property appreciation+$23,233
Loan principal paid down+$8,660
Rental cash flow+$7,200
5-year hold
+$67,149(111.1% ROI)
Projected value
$341,858
Return breakdown
Property appreciation+$39,705
Loan principal paid down+$15,444
Rental cash flow+$12,000
10-year hold
+$145,428(240.7% ROI)
Projected value
$386,781
Return breakdown
Property appreciation+$84,628
Loan principal paid down+$36,799
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.22
1 BR
1.27
2 BR
0.86
3 BR
0.81
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
--

ZIP 30308 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 30308 (Atlanta, GA) is $2,230 a month. That is down 9.7% from $2,470 in FY 2026. Atlanta 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 74 ZIP codes in Fulton County, 30308 has the 8th-highest two-bedroom rent (county range $1,200–$2,640). The median county two-bedroom FMR in Georgia is $1,058, so ZIP 30308 is 111% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 30308
BedroomsFY 2027Change90–110% range
Studio$1,950−9.3%$1,755–$2,145
1BR$2,030−9.8%$1,827–$2,233
2BR$2,230−9.7%$2,007–$2,453
3BR$2,670−9.8%$2,403–$2,937
4BR$3,190−9.9%$2,871–$3,509

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 30308
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,950$2,030$2,230$2,670$3,190
FY 2026$2,150$2,250$2,470$2,960$3,540
FY 2025$2,180$2,270$2,510$3,020$3,640
FY 2024$2,310$2,370$2,660$3,220$3,900
FY 2023$2,020$2,060$2,330$2,840$3,460

Two-bedroom rent in nearby Fulton County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 30308
30302$1,850−17.0%
30303$1,910−14.3%
30304$1,850−17.0%
30305$2,240+0.4%
30306$2,150−3.6%
30307$2,220−0.4%
30308Current$2,230—
30309$2,640+18.4%
30310$1,310−41.3%
30311$1,340−39.9%
30312$2,170−2.7%
30313$1,860−16.6%

Questions about ZIP 30308 rents

How much will Section 8 pay for a two-bedroom in ZIP 30308?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,230, that basic range is $2,007 to $2,453 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 30308 in?

ZIP 30308 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 30308 for FY 2027?

The two-bedroom FMR fell 9.7%, from $2,470 in FY 2026 to $2,230 in FY 2027. Since FY 2023 it has fallen 4.3%.

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