Madison County/Commerce/30530

30530

ZIPSAFMR

Madison County, GA

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ZIP Investment Score

68Below average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$1,050	$1,160	4.1%
1 BR	$1,070	$1,180	4.0%
2 BR	$1,200	$1,320	3.9%
3 BR	$1,570	$1,730	2.9%
4 BR	$1,750	$1,930	3.7%
5 BR	$2,012	Not available	3.7%
6 BR	$2,314	Not available	3.7%
7 BR	$2,662	Not available	3.7%
8 BR	$3,061	Not available	3.7%

Purchase Price Calculator

Maximum purchase price

$134,235

Cost breakdown

+Likely effective rent$1,320

HUD FMR$1,200

Market rent$1,730

Est. payment standard (110%)Used$1,320

-Principal and interest-$679

Loan amount$107,388

Down payment$26,847

Rate6.50%

Term30 years

-Operating costs-$441

Property taxes-$134

Insurance-$175

Utilities$0

HOA$0

Management-$132

=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

+$21,369(79.6% ROI)

Projected value

$144,556

Return breakdown

Property appreciation+$10,321

Loan principal paid down+$3,847

Rental cash flow+$7,200

5-year hold

+$36,501(136.0% ROI)

Projected value

$151,875

Return breakdown

Property appreciation+$17,640

Loan principal paid down+$6,861

Rental cash flow+$12,000

10-year hold

+$77,946(290.3% ROI)

Projected value

$171,832

Return breakdown

Property appreciation+$37,597

Loan principal paid down+$16,349

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

0.59ratio

FMR$1,050

Market$1,790

vs market-$740

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

0.59

1 BR

0.64ratio

FMR$1,070

Market$1,660

vs market-$590

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

0.64

2 BR

0.69ratio

FMR$1,200

Market$1,730

vs market-$530

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

0.69

3 BR

0.82ratio

FMR$1,570

Market$1,920

vs market-$350

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

0.82

4 BR

0.78ratio

FMR$1,750

Market$2,250

vs market-$500

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

0.78

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 30530 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 30530 (Commerce, GA) is $1,200 a month. That is up 5.3% from $1,140 in FY 2026. Commerce is in the Athens-Clarke County, GA MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,285. Among 12 ZIP codes in Madison County, 30530 is tied for the 2nd-highest two-bedroom rent (county range $1,200–$1,430). The median county two-bedroom FMR in Georgia is $1,058, so ZIP 30530 is 13% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 30530
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$960	$1,050	+9.4%	$945–$1,155
1BR	$1,000	$1,070	+7.0%	$963–$1,177
2BR	$1,140	$1,200	+5.3%	$1,080–$1,320
3BR	$1,470	$1,570	+6.8%	$1,413–$1,727
4BR	$1,660	$1,750	+5.4%	$1,575–$1,925

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 30530
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$1,050	$1,070	$1,200	$1,570	$1,750
FY 2026	$960	$1,000	$1,140	$1,470	$1,660
FY 2025	$920	$940	$1,060	$1,420	$1,650
FY 2024	$930	$950	$1,070	$1,440	$1,570
FY 2023	$770	$820	$930	$1,250	$1,420

Two-bedroom rent in nearby Madison County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 30530
30530Current	$1,200	—
30565	$1,200	0.0%
30601	$1,430	+19.2%
30624	$1,200	0.0%
30627	$1,200	0.0%
30628	$1,200	0.0%
30629	$1,200	0.0%
30633	$1,200	0.0%
30646	$1,200	0.0%
30647	$1,200	0.0%
30662	$1,200	0.0%
30683	$1,200	0.0%

Questions about ZIP 30530 rents

How much will Section 8 pay for a two-bedroom in ZIP 30530?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,285, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,157 to $1,414 a month; under the ZIP-level Small Area FMR of $1,200 it would be $1,080 to $1,320. 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 30530 in?

ZIP 30530 is in the Athens-Clarke County, GA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,285.

How much did fair market rent change in ZIP 30530 for FY 2027?

The two-bedroom FMR rose 5.3%, from $1,140 in FY 2026 to $1,200 in FY 2027. Since FY 2023 it has risen 29.0%.

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