FMR is below market; voucher rent may lag private rents.
0.62
1 BR
1 BR
0.62ratio
FMR$770
Market$1,250
vs market-$480
FMR is below market; voucher rent may lag private rents.
0.62
2 BR
2 BR
0.67ratio
FMR$1,000
Market$1,490
vs market-$490
FMR is below market; voucher rent may lag private rents.
0.67
3 BR
3 BR
0.75ratio
FMR$1,250
Market$1,660
vs market-$410
FMR is below market; voucher rent may lag private rents.
0.75
4 BR
4 BR
0.93ratio
FMR$1,620
Market$1,750
vs market-$130
FMR is near market; voucher and private rents are aligned.
0.93
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 31599 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 31599 (Jesup, GA) is $1,000 a month. That is down 2.0% from $1,020 in FY 2026. Jesup is in the Wayne 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 $1,002. Among 9 ZIP codes in Wayne County, 31599 is tied for the 6th-highest two-bedroom rent (county range $1,000–$1,380). The median county two-bedroom FMR in Georgia is $1,058, so ZIP 31599 is 5% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 31599
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$770
$760
−1.3%
$684–$836
1BR
$780
$770
−1.3%
$693–$847
2BR
$1,020
$1,000
−2.0%
$900–$1,100
3BR
$1,220
$1,250
+2.5%
$1,125–$1,375
4BR
$1,570
$1,620
+3.2%
$1,458–$1,782
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 31599
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$760
$770
$1,000
$1,250
$1,620
FY 2026
$770
$780
$1,020
$1,220
$1,570
FY 2025area FMR
$685
$690
$905
$1,090
$1,415
FY 2024area FMR
$669
$674
$885
$1,070
$1,393
FY 2023area FMR
$583
$586
$772
$970
$1,241
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
How much will Section 8 pay for a two-bedroom in ZIP 31599?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,002, which applies unless the housing authority uses Small Area FMRs, that basic range is $902 to $1,102 a month; under the ZIP-level Small Area FMR of $1,000 it would be $900 to $1,100. 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 31599 in?
ZIP 31599 is in the Wayne County, GA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,002.
How much did fair market rent change in ZIP 31599 for FY 2027?
The two-bedroom FMR fell 2.0%, from $1,020 in FY 2026 to $1,000 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 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