FMR is below market; voucher rent may lag private rents.
0.78
1 BR
1 BR
0.99ratio
FMR$1,240
Market$1,250
vs market-$10
FMR is near market; voucher and private rents are aligned.
0.99
2 BR
2 BR
0.84ratio
FMR$1,350
Market$1,600
vs market-$250
FMR is below market; voucher rent may lag private rents.
0.84
3 BR
3 BR
1.02ratio
FMR$1,870
Market$1,830
vs market+$40
FMR is near market; voucher and private rents are aligned.
1.02
4 BR
4 BR
0.96ratio
FMR$2,190
Market$2,280
vs market-$90
FMR is near market; voucher and private rents are aligned.
0.96
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
--
ZIP 31547 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 31547 (Kings Bay, GA) is $1,350 a month. That is up 3.8% from $1,300 in FY 2026. Kings Bay is in the Camden County, GA non-metropolitan 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 county-wide two-bedroom FMR of $1,300. Among 8 ZIP codes in Camden County, 31547 is tied for the highest two-bedroom rent (county range $1,110–$1,350). The median county two-bedroom FMR in Georgia is $1,058, so ZIP 31547 is 28% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 31547
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,110
$1,110
0.0%
$999–$1,221
1BR
$1,190
$1,240
+4.2%
$1,116–$1,364
2BR
$1,300
$1,350
+3.8%
$1,215–$1,485
3BR
$1,810
$1,870
+3.3%
$1,683–$2,057
4BR
$2,120
$2,190
+3.3%
$1,971–$2,409
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 31547
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,110
$1,240
$1,350
$1,870
$2,190
FY 2026
$1,110
$1,190
$1,300
$1,810
$2,120
FY 2025
$1,000
$1,060
$1,170
$1,640
$1,960
FY 2024area FMR
$902
$906
$1,053
$1,484
$1,723
FY 2023area FMR
$781
$786
$972
$1,380
$1,603
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Two-bedroom rent in nearby Camden County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 31547?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,300, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,170 to $1,430 a month; under the ZIP-level Small Area FMR of $1,350 it would be $1,215 to $1,485. 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 31547 in?
ZIP 31547 is in the Camden County, GA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,300.
How much did fair market rent change in ZIP 31547 for FY 2027?
The two-bedroom FMR rose 3.8%, from $1,300 in FY 2026 to $1,350 in FY 2027. Since FY 2025 it has risen 15.4%.
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