Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 31304 fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 31304 (Crescent, GA) is $1,378 a month. That is up 6.6% from $1,293 in FY 2026. Crescent is in the Brunswick-St. Simons, GA MSA. The median county two-bedroom FMR in Georgia is $1,058, so ZIP 31304 is 30% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 31304
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,035
$991
−4.3%
$892–$1,090
1BR
$1,105
$1,114
+0.8%
$1,003–$1,225
2BR
$1,293
$1,378
+6.6%
$1,240–$1,516
3BR
$1,550
$1,642
+5.9%
$1,478–$1,806
4BR
$1,906
$1,938
+1.7%
$1,744–$2,132
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 31304
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$991
$1,114
$1,378
$1,642
$1,938
FY 2026
$1,035
$1,105
$1,293
$1,550
$1,906
FY 2025SAFMR
$870
$880
$1,030
$1,320
$1,640
FY 2024SAFMR
$840
$850
$1,040
$1,400
$1,700
FY 2023SAFMR
$930
$940
$1,150
$1,550
$1,880
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about ZIP 31304 rents
How much will Section 8 pay for a two-bedroom in ZIP 31304?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,378, that basic range is $1,240 to $1,516 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 31304 in?
ZIP 31304 is in the Brunswick-St. Simons, GA MSA. Small Area FMRs are not mandatory in this area.
How much did fair market rent change in ZIP 31304 for FY 2027?
The two-bedroom FMR rose 6.6%, from $1,293 in FY 2026 to $1,378 in FY 2027.
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