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Fulton County/Atlanta/30309

30309

ZIPSAFMR
Fulton County, GA
Zillow

ZIP Investment Score

51Below average

095130300
BRFMR
Eff. Rent
0 BR$2,330$2,000
1 BR$2,430$2,610
2 BR$2,640$2,900
3 BR$3,150$3,470
4 BR$3,740$4,110
5 BR$4,301Not available
6 BR$4,946Not available
7 BR$5,688Not available
8 BR$6,541Not available

Purchase Price Calculator

Maximum purchase price
$369,022

Cost breakdown

+Likely effective rent$2,900
HUD FMR$2,640
Market rent$3,830
Est. payment standard (110%)Used$2,900
-Principal and interest-$1,866
Loan amount$295,218
Down payment$73,804
Rate6.50%
Term30 years
-Operating costs-$834
Property taxes-$369
Insurance-$175
Utilities$0
HOA$0
Management-$290
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$46,151(62.5% ROI)
Projected value
$397,397
Return breakdown
Property appreciation+$28,374
Loan principal paid down+$10,577
Rental cash flow+$7,200
5-year hold
+$79,354(107.5% ROI)
Projected value
$417,515
Return breakdown
Property appreciation+$48,493
Loan principal paid down+$18,862
Rental cash flow+$12,000
10-year hold
+$172,301(233.5% ROI)
Projected value
$472,380
Return breakdown
Property appreciation+$103,357
Loan principal paid down+$44,944
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.17
1 BR
0.90
2 BR
0.69
3 BR
0.65
4 BR
0.75
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 30309 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 30309 (Atlanta, GA) is $2,640 a month. That is down 3.3% from $2,730 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, 30309 has the highest two-bedroom rent (county range $1,200–$2,640). The median county two-bedroom FMR in Georgia is $1,058, so ZIP 30309 is 150% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 30309
BedroomsFY 2027Change90–110% range
Studio$2,330−2.1%$2,097–$2,563
1BR$2,430−2.4%$2,187–$2,673
2BR$2,640−3.3%$2,376–$2,904
3BR$3,150−3.7%$2,835–$3,465
4BR$3,740−4.3%$3,366–$4,114

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 30309
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$2,330$2,430$2,640$3,150$3,740
FY 2026$2,380$2,490$2,730$3,270$3,910
FY 2025$2,390$2,480$2,750$3,310$3,990
FY 2024$2,400$2,470$2,770$3,350$4,070
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. 30309
30303$1,910−27.7%
30304$1,850−29.9%
30305$2,240−15.2%
30306$2,150−18.6%
30307$2,220−15.9%
30308$2,230−15.5%
30309Current$2,640—
30310$1,310−50.4%
30311$1,340−49.2%
30312$2,170−17.8%
30313$1,860−29.5%
30314$1,210−54.2%

Questions about ZIP 30309 rents

How much will Section 8 pay for a two-bedroom in ZIP 30309?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,640, that basic range is $2,376 to $2,904 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 30309 in?

ZIP 30309 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 30309 for FY 2027?

The two-bedroom FMR fell 3.3%, from $2,730 in FY 2026 to $2,640 in FY 2027. Since FY 2023 it has risen 13.3%.

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