FMR is near market; voucher and private rents are aligned.
0.99
1 BR
1 BR
0.91ratio
FMR$1,619
Market$1,770
vs market-$151
FMR is near market; voucher and private rents are aligned.
0.91
2 BR
2 BR
0.75ratio
FMR$1,762
Market$2,350
vs market-$588
FMR is below market; voucher rent may lag private rents.
0.75
3 BR
3 BR
0.77ratio
FMR$2,099
Market$2,720
vs market-$621
FMR is below market; voucher rent may lag private rents.
0.77
4 BR
4 BR
0.88ratio
FMR$2,493
Market$2,840
vs market-$347
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 31136 fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 31136 (Atlanta, GA) is $1,762 a month. That is down 3.2% from $1,820 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. The median county two-bedroom FMR in Georgia is $1,058, so ZIP 31136 is 67% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 31136
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,585
$1,554
−2.0%
$1,399–$1,709
1BR
$1,660
$1,619
−2.5%
$1,457–$1,781
2BR
$1,820
$1,762
−3.2%
$1,586–$1,938
3BR
$2,182
$2,099
−3.8%
$1,889–$2,309
4BR
$2,605
$2,493
−4.3%
$2,244–$2,742
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 31136
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,554
$1,619
$1,762
$2,099
$2,493
FY 2026
$1,585
$1,660
$1,820
$2,182
$2,605
FY 2025
$1,591
$1,653
$1,830
$2,205
$2,653
FY 2024
$1,599
$1,643
$1,844
$2,230
$2,707
FY 2023
$1,345
$1,375
$1,553
$1,890
$2,308
Questions about ZIP 31136 rents
How much will Section 8 pay for a two-bedroom in ZIP 31136?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,762, that basic range is $1,586 to $1,938 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 31136 in?
ZIP 31136 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 31136 for FY 2027?
The two-bedroom FMR fell 3.2%, from $1,820 in FY 2026 to $1,762 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 Fair Market Rents. 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