FMR is near market; voucher and private rents are aligned.
1.06
4 BR
4 BR
1.19ratio
FMR$2,560
Market$2,160
vs market+$400
FMR is above market; underwrite to market rent.
1.19
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 31314 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 31314 (Fort Stewart, GA) is $1,530 a month. That is down 0.6% from $1,540 in FY 2026. Fort Stewart is in the Hinesville, GA HUD Metro 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 metro-wide two-bedroom FMR of $1,396. Among 10 ZIP codes in Liberty County, 31314 has the 3rd-highest two-bedroom rent (county range $1,270–$1,760). The median county two-bedroom FMR in Georgia is $1,058, so ZIP 31314 is 45% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 31314
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,340
$1,340
0.0%
$1,206–$1,474
1BR
$1,410
$1,350
−4.3%
$1,215–$1,485
2BR
$1,540
$1,530
−0.6%
$1,377–$1,683
3BR
$2,040
$1,990
−2.5%
$1,791–$2,189
4BR
$2,580
$2,560
−0.8%
$2,304–$2,816
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 31314
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,340
$1,350
$1,530
$1,990
$2,560
FY 2026
$1,340
$1,410
$1,540
$2,040
$2,580
FY 2025
$1,270
$1,320
$1,460
$1,970
$2,460
FY 2024
$1,150
$1,180
$1,330
$1,860
$2,260
FY 2023
$930
$950
$1,070
$1,520
$1,820
Two-bedroom rent in nearby Liberty County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 31314?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,396, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,256 to $1,536 a month; under the ZIP-level Small Area FMR of $1,530 it would be $1,377 to $1,683. 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 31314 in?
ZIP 31314 is in the Hinesville, GA HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,396.
How much did fair market rent change in ZIP 31314 for FY 2027?
The two-bedroom FMR fell 0.6%, from $1,540 in FY 2026 to $1,530 in FY 2027. Since FY 2023 it has risen 43.0%.
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