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Glynn County/Jekyll Island/31527

31527

ZIPSAFMR
Glynn County, GA
Zillow

ZIP Investment Score

37Below average

095130300
BRFMR
Eff. Rent
0 BR$1,420$1,420
1 BR$1,590$1,590
2 BR$1,970$1,970
3 BR$2,350$2,350
4 BR$2,770$2,770
5 BR$3,185Not available
6 BR$3,663Not available
7 BR$4,213Not available
8 BR$4,845Not available

Purchase Price Calculator

Maximum purchase price
$230,825

Cost breakdown

+Likely effective rent$1,970
HUD FMRUsed$1,970
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,167
Loan amount$184,660
Down payment$46,165
Rate6.50%
Term30 years
-Operating costs-$603
Property taxes-$231
Insurance-$175
Utilities$0
HOA$0
Management-$197
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$31,564(68.4% ROI)
Projected value
$248,573
Return breakdown
Property appreciation+$17,748
Loan principal paid down+$6,616
Rental cash flow+$7,200
5-year hold
+$54,130(117.3% ROI)
Projected value
$261,157
Return breakdown
Property appreciation+$30,332
Loan principal paid down+$11,798
Rental cash flow+$12,000
10-year hold
+$116,763(252.9% ROI)
Projected value
$295,475
Return breakdown
Property appreciation+$64,650
Loan principal paid down+$28,112
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

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
--
Mortgage rate
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ZIP 31527 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 31527 (Jekyll Island, GA) is $1,970 a month. That is up 6.5% from $1,850 in FY 2026. Jekyll Island is in the Brunswick-St. Simons, GA MSA. 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 $1,378. Among 10 ZIP codes in Glynn County, 31527 has the 3rd-highest two-bedroom rent (county range $1,170–$2,070). The median county two-bedroom FMR in Georgia is $1,058, so ZIP 31527 is 86% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 31527
BedroomsFY 2027Change90–110% range
Studio$1,420−4.1%$1,278–$1,562
1BR$1,590+0.6%$1,431–$1,749
2BR$1,970+6.5%$1,773–$2,167
3BR$2,350+5.9%$2,115–$2,585
4BR$2,770+1.5%$2,493–$3,047

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 31527
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,420$1,590$1,970$2,350$2,770
FY 2026$1,480$1,580$1,850$2,220$2,730
FY 2025$1,370$1,490$1,750$2,180$2,690
FY 2024$1,240$1,240$1,470$1,890$2,350
FY 2023$1,020$1,030$1,260$1,700$2,060

Two-bedroom rent in nearby Glynn County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 31527
31520$1,270−35.5%
31521$1,450−26.4%
31522$2,070+5.1%
31523$1,500−23.9%
31524$1,450−26.4%
31525$1,570−20.3%
31527Current$1,970—
31543$1,170−40.6%
31561$2,070+5.1%
31566$1,170−40.6%

Questions about ZIP 31527 rents

How much will Section 8 pay for a two-bedroom in ZIP 31527?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,378, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,240 to $1,516 a month; under the ZIP-level Small Area FMR of $1,970 it would be $1,773 to $2,167. 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 31527 in?

ZIP 31527 is in the Brunswick-St. Simons, GA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,378.

How much did fair market rent change in ZIP 31527 for FY 2027?

The two-bedroom FMR rose 6.5%, from $1,850 in FY 2026 to $1,970 in FY 2027. Since FY 2023 it has risen 56.3%.

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

County fair market rentJekyll Island, GA fair market rentGA statewide rentsWhat is SAFMR?Data sources