Fulton County/Atlanta/30312

30312

ZIPSAFMR

Fulton County, GA

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ZIP Investment Score

70Below average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$1,910	$1,570	2.4%
1 BR	$1,990	$1,940	2.8%
2 BR	$2,170	$2,350	1.9%
3 BR	$2,590	$2,840	1.5%
4 BR	$3,070	$2,950	0.7%
5 BR	$3,530	Not available	0.7%
6 BR	$4,060	Not available	0.7%
7 BR	$4,669	Not available	0.7%
8 BR	$5,369	Not available	0.7%

Purchase Price Calculator

Maximum purchase price

$287,293

Cost breakdown

+Likely effective rent$2,350

HUD FMR$2,170

Market rent$2,440

Est. payment standard (108%)Used$2,350

-Principal and interest-$1,453

Loan amount$229,834

Down payment$57,459

Rate6.50%

Term30 years

-Operating costs-$697

Property taxes-$287

Insurance-$175

Utilities$0

HOA$0

Management-$235

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$37,525(65.3% ROI)

Projected value

$309,383

Return breakdown

Property appreciation+$22,090

Loan principal paid down+$8,234

Rental cash flow+$7,200

5-year hold

+$64,437(112.1% ROI)

Projected value

$325,045

Return breakdown

Property appreciation+$37,753

Loan principal paid down+$14,684

Rental cash flow+$12,000

10-year hold

+$139,456(242.7% ROI)

Projected value

$367,759

Return breakdown

Property appreciation+$80,466

Loan principal paid down+$34,990

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

1.22ratio

FMR$1,910

Market$1,570

vs market+$340

FMR is above market; underwrite to market rent.

1.22

1 BR

1.03ratio

FMR$1,990

Market$1,940

vs market+$50

FMR is near market; voucher and private rents are aligned.

1.03

2 BR

0.89ratio

FMR$2,170

Market$2,440

vs market-$270

FMR is below market; voucher rent may lag private rents.

0.89

3 BR

0.87ratio

FMR$2,590

Market$2,970

vs market-$380

FMR is below market; voucher rent may lag private rents.

0.87

4 BR

1.04ratio

FMR$3,070

Market$2,950

vs market+$120

FMR is near market; voucher and private rents are aligned.

1.04

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: --

ZIP 30312 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 30312 (Atlanta, GA) is $2,170 a month. That is up 0.9% from $2,150 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, 30312 is tied for the 13th-highest two-bedroom rent (county range $1,200–$2,640). The median county two-bedroom FMR in Georgia is $1,058, so ZIP 30312 is 105% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 30312
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$1,870	$1,910	+2.1%	$1,719–$2,101
1BR	$1,960	$1,990	+1.5%	$1,791–$2,189
2BR	$2,150	$2,170	+0.9%	$1,953–$2,387
3BR	$2,580	$2,590	+0.4%	$2,331–$2,849
4BR	$3,080	$3,070	−0.3%	$2,763–$3,377

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 30312
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$1,910	$1,990	$2,170	$2,590	$3,070
FY 2026	$1,870	$1,960	$2,150	$2,580	$3,080
FY 2025	$1,770	$1,830	$2,030	$2,450	$2,940
FY 2024	$1,780	$1,830	$2,050	$2,480	$3,010
FY 2023	$1,530	$1,570	$1,770	$2,150	$2,630

Two-bedroom rent in nearby Fulton County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 30312
30306	$2,150	−0.9%
30307	$2,220	+2.3%
30308	$2,230	+2.8%
30309	$2,640	+21.7%
30310	$1,310	−39.6%
30311	$1,340	−38.2%
30312Current	$2,170	—
30313	$1,860	−14.3%
30314	$1,210	−44.2%
30315	$1,200	−44.7%
30316	$1,820	−16.1%
30317	$1,860	−14.3%

Questions about ZIP 30312 rents

How much will Section 8 pay for a two-bedroom in ZIP 30312?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,170, that basic range is $1,953 to $2,387 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 30312 in?

ZIP 30312 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 30312 for FY 2027?

The two-bedroom FMR rose 0.9%, from $2,150 in FY 2026 to $2,170 in FY 2027. Since FY 2023 it has risen 22.6%.

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 rent Atlanta, GA fair market rent GA statewide rents What is SAFMR?Data sources