FMR is below market; voucher rent may lag private rents.
0.87
1 BR
1 BR
0.88ratio
FMR$1,070
Market$1,220
vs market-$150
FMR is below market; voucher rent may lag private rents.
0.88
2 BR
2 BR
0.66ratio
FMR$1,230
Market$1,860
vs market-$630
FMR is below market; voucher rent may lag private rents.
0.66
3 BR
3 BR
0.63ratio
FMR$1,570
Market$2,480
vs market-$910
FMR is below market; voucher rent may lag private rents.
0.63
4 BR
4 BR
0.50ratio
FMR$1,650
Market$3,310
vs market-$1,660
FMR is below market; voucher rent may lag private rents.
0.50
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 30602 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 30602 (Athens, GA) is $1,230 a month. That is down 4.7% from $1,290 in FY 2026. Athens 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 Clarke County, 30602 has the 7th-highest two-bedroom rent (county range $1,200–$1,860). The median county two-bedroom FMR in Georgia is $1,058, so ZIP 30602 is 16% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 30602
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,130
$1,050
−7.1%
$945–$1,155
1BR
$1,150
$1,070
−7.0%
$963–$1,177
2BR
$1,290
$1,230
−4.7%
$1,107–$1,353
3BR
$1,680
$1,570
−6.5%
$1,413–$1,727
4BR
$1,770
$1,650
−6.8%
$1,485–$1,815
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 30602
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,050
$1,070
$1,230
$1,570
$1,650
FY 2026
$1,130
$1,150
$1,290
$1,680
$1,770
FY 2025
$1,020
$1,060
$1,170
$1,550
$1,650
FY 2024
$980
$1,010
$1,130
$1,520
$1,660
FY 2023
$830
$880
$1,000
$1,340
$1,520
Two-bedroom rent in nearby Clarke County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 30602?
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 $1,230 it would be $1,107 to $1,353. 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 30602 in?
ZIP 30602 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 30602 for FY 2027?
The two-bedroom FMR fell 4.7%, from $1,290 in FY 2026 to $1,230 in FY 2027. Since FY 2023 it has risen 23.0%.
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