Skip to main content
Loading page
Oconee County/Athens/30605

30605

ZIPSAFMR
Oconee County, GA
Zillow

ZIP Investment Score

68Below average

095130300
BRFMR
Eff. Rent
0 BR$1,050$1,020
1 BR$1,070$1,100
2 BR$1,220$1,310
3 BR$1,570$1,730
4 BR$1,650$1,820
5 BR$1,897Not available
6 BR$2,182Not available
7 BR$2,509Not available
8 BR$2,886Not available

Purchase Price Calculator

Maximum purchase price
$132,749

Cost breakdown

+Likely effective rent$1,310
HUD FMR$1,220
Market rent$1,360
Est. payment standard (107%)Used$1,310
-Principal and interest-$671
Loan amount$106,199
Down payment$26,550
Rate6.50%
Term30 years
-Operating costs-$439
Property taxes-$133
Insurance-$175
Utilities$0
HOA$0
Management-$131
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,212(79.9% ROI)
Projected value
$142,956
Return breakdown
Property appreciation+$10,207
Loan principal paid down+$3,805
Rental cash flow+$7,200
5-year hold
+$36,229(136.5% ROI)
Projected value
$150,193
Return breakdown
Property appreciation+$17,444
Loan principal paid down+$6,785
Rental cash flow+$12,000
10-year hold
+$77,349(291.3% ROI)
Projected value
$169,930
Return breakdown
Property appreciation+$37,181
Loan principal paid down+$16,168
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
1.03
1 BR
0.96
2 BR
0.90
3 BR
0.77
4 BR
0.78
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 30605 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 30605 (Athens, GA) is $1,220 a month. That is down 4.7% from $1,280 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 10 ZIP codes in Oconee County, 30605 has the 9th-highest two-bedroom rent (county range $1,200–$1,860). The median county two-bedroom FMR in Georgia is $1,058, so ZIP 30605 is 15% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 30605
BedroomsFY 2027Change90–110% range
Studio$1,050−6.2%$945–$1,155
1BR$1,070−6.1%$963–$1,177
2BR$1,220−4.7%$1,098–$1,342
3BR$1,570−6.0%$1,413–$1,727
4BR$1,650−6.2%$1,485–$1,815

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 30605
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,050$1,070$1,220$1,570$1,650
FY 2026$1,120$1,140$1,280$1,670$1,760
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 Oconee County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 30605
30605Current$1,220—
30606$1,390+13.9%
30619$1,200−1.6%
30621$1,300+6.6%
30622$1,860+52.5%
30638$1,580+29.5%
30645$1,580+29.5%
30666$1,440+18.0%
30677$1,620+32.8%
30680$1,340+9.8%

Questions about ZIP 30605 rents

How much will Section 8 pay for a two-bedroom in ZIP 30605?

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 $1,220 it would be $1,098 to $1,342. 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 30605 in?

ZIP 30605 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 30605 for FY 2027?

The two-bedroom FMR fell 4.7%, from $1,280 in FY 2026 to $1,220 in FY 2027. Since FY 2023 it has risen 22.0%.

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 rentAthens, GA fair market rentGA statewide rentsWhat is SAFMR?Data sources