FMR is below market; voucher rent may lag private rents.
0.71
1 BR
1 BR
0.76ratio
FMR$770
Market$1,010
vs market-$240
FMR is below market; voucher rent may lag private rents.
0.76
2 BR
2 BR
0.94ratio
FMR$1,010
Market$1,070
vs market-$60
FMR is near market; voucher and private rents are aligned.
0.94
3 BR
3 BR
0.97ratio
FMR$1,290
Market$1,330
vs market-$40
FMR is near market; voucher and private rents are aligned.
0.97
4 BR
4 BR
1.05ratio
FMR$1,600
Market$1,530
vs market+$70
FMR is near market; voucher and private rents are aligned.
1.05
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 31040 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 31040 (Dublin, GA) is $1,010 a month. That is up 4.1% from $970 in FY 2026. Dublin is in the Laurens County, GA non-metropolitan FMR area. 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 county-wide two-bedroom FMR of $1,007. Among 18 ZIP codes in Laurens County, 31040 is tied for the 10th-highest two-bedroom rent (county range $1,000–$1,250). The median county two-bedroom FMR in Georgia is $1,058, so ZIP 31040 is 5% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 31040
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$670
$700
+4.5%
$630–$770
1BR
$740
$770
+4.1%
$693–$847
2BR
$970
$1,010
+4.1%
$909–$1,111
3BR
$1,280
$1,290
+0.8%
$1,161–$1,419
4BR
$1,610
$1,600
−0.6%
$1,440–$1,760
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 31040
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$700
$770
$1,010
$1,290
$1,600
FY 2026
$670
$740
$970
$1,280
$1,610
FY 2025
$620
$690
$910
$1,230
$1,530
FY 2024area FMR
$600
$674
$885
$1,194
$1,502
FY 2023area FMR
$603
$607
$772
$1,064
$1,315
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Two-bedroom rent in nearby Laurens County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 31040?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,007, which applies unless the housing authority uses Small Area FMRs, that basic range is $906 to $1,108 a month; under the ZIP-level Small Area FMR of $1,010 it would be $909 to $1,111. 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 31040 in?
ZIP 31040 is in the Laurens County, GA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,007.
How much did fair market rent change in ZIP 31040 for FY 2027?
The two-bedroom FMR rose 4.1%, from $970 in FY 2026 to $1,010 in FY 2027. Since FY 2025 it has risen 11.0%.
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