FMR is near market; voucher and private rents are aligned.
0.94
1 BR
1 BR
0.81ratio
FMR$1,120
Market$1,390
vs market-$270
FMR is below market; voucher rent may lag private rents.
0.81
2 BR
2 BR
0.82ratio
FMR$1,310
Market$1,600
vs market-$290
FMR is below market; voucher rent may lag private rents.
0.82
3 BR
3 BR
0.77ratio
FMR$1,640
Market$2,140
vs market-$500
FMR is below market; voucher rent may lag private rents.
0.77
4 BR
4 BR
0.58ratio
FMR$1,720
Market$2,950
vs market-$1,230
FMR is below market; voucher rent may lag private rents.
0.58
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 30603 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 30603 (Athens, GA) is $1,310 a month. That is down 3.0% from $1,350 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, 30603 is tied for the 4th-highest two-bedroom rent (county range $1,200–$1,860). The median county two-bedroom FMR in Georgia is $1,058, so ZIP 30603 is 24% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 30603
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,180
$1,120
−5.1%
$1,008–$1,232
1BR
$1,200
$1,120
−6.7%
$1,008–$1,232
2BR
$1,350
$1,310
−3.0%
$1,179–$1,441
3BR
$1,760
$1,640
−6.8%
$1,476–$1,804
4BR
$1,860
$1,720
−7.5%
$1,548–$1,892
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 30603
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,120
$1,120
$1,310
$1,640
$1,720
FY 2026
$1,180
$1,200
$1,350
$1,760
$1,860
FY 2025
$1,080
$1,120
$1,240
$1,650
$1,750
FY 2024
$1,010
$1,040
$1,170
$1,580
$1,720
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 30603?
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 $1,310 it would be $1,179 to $1,441. 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 30603 in?
ZIP 30603 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 30603 for FY 2027?
The two-bedroom FMR fell 3.0%, from $1,350 in FY 2026 to $1,310 in FY 2027. Since FY 2023 it has risen 31.0%.
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