FMR is near market; voucher and private rents are aligned.
1.08
1 BR
1 BR
1.04ratio
FMR$1,630
Market$1,560
vs market+$70
FMR is near market; voucher and private rents are aligned.
1.04
2 BR
2 BR
1.03ratio
FMR$1,770
Market$1,720
vs market+$50
FMR is near market; voucher and private rents are aligned.
1.03
3 BR
3 BR
0.97ratio
FMR$2,110
Market$2,180
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.97
4 BR
4 BR
0.88ratio
FMR$2,500
Market$2,830
vs market-$330
FMR is below market; voucher rent may lag private rents.
0.88
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
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ZIP 31107 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 31107 (Atlanta, GA) is $1,770 a month. That is down 3.3% from $1,830 in FY 2026. Atlanta is in the Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 57 ZIP codes in DeKalb County, 31107 is tied for the 26th-highest two-bedroom rent (county range $1,200–$2,410). The median county two-bedroom FMR in Georgia is $1,058, so ZIP 31107 is 67% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 31107
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,590
$1,560
−1.9%
$1,404–$1,716
1BR
$1,670
$1,630
−2.4%
$1,467–$1,793
2BR
$1,830
$1,770
−3.3%
$1,593–$1,947
3BR
$2,190
$2,110
−3.7%
$1,899–$2,321
4BR
$2,620
$2,500
−4.6%
$2,250–$2,750
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 31107
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,560
$1,630
$1,770
$2,110
$2,500
FY 2026
$1,590
$1,670
$1,830
$2,190
$2,620
FY 2025
$1,600
$1,660
$1,840
$2,220
$2,670
FY 2024
$1,610
$1,660
$1,860
$2,250
$2,730
FY 2023
$1,350
$1,380
$1,560
$1,900
$2,320
Two-bedroom rent in nearby DeKalb County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 31107?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,770, that basic range is $1,593 to $1,947 a month. 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 31107 in?
ZIP 31107 is in the Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in ZIP 31107 for FY 2027?
The two-bedroom FMR fell 3.3%, from $1,830 in FY 2026 to $1,770 in FY 2027. Since FY 2023 it has risen 13.5%.
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