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Thomas County/Thomasville/31757

31757

ZIPSAFMR
Thomas County, GA
Zillow

ZIP Investment Score

100Above average

095130300
BRFMR
Eff. Rent
0 BR$1,180$1,300
1 BR$1,190$1,310
2 BR$1,340$1,470
3 BR$1,620$1,750
4 BR$1,760$1,900
5 BR$2,024Not available
6 BR$2,328Not available
7 BR$2,677Not available
8 BR$3,078Not available

Purchase Price Calculator

Maximum purchase price
$156,525

Cost breakdown

+Likely effective rent$1,470
HUD FMR$1,340
Market rent$1,660
Est. payment standard (110%)Used$1,470
-Principal and interest-$791
Loan amount$125,220
Down payment$31,305
Rate6.50%
Term30 years
-Operating costs-$479
Property taxes-$157
Insurance-$175
Utilities$0
HOA$0
Management-$147
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$23,722(75.8% ROI)
Projected value
$168,560
Return breakdown
Property appreciation+$12,035
Loan principal paid down+$4,486
Rental cash flow+$7,200
5-year hold
+$40,569(129.6% ROI)
Projected value
$177,094
Return breakdown
Property appreciation+$20,569
Loan principal paid down+$8,000
Rental cash flow+$12,000
10-year hold
+$86,904(277.6% ROI)
Projected value
$200,365
Return breakdown
Property appreciation+$43,840
Loan principal paid down+$19,063
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.78
1 BR
0.82
2 BR
0.81
3 BR
0.89
4 BR
0.89
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 31757 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 31757 (Thomasville, GA) is $1,340 a month. That is up 6.3% from $1,260 in FY 2026. Thomasville is in the Thomas 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 $1,233. Among 12 ZIP codes in Thomas County, 31757 has the highest two-bedroom rent (county range $1,040–$1,340). The median county two-bedroom FMR in Georgia is $1,058, so ZIP 31757 is 27% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 31757
BedroomsFY 2027Change90–110% range
Studio$1,180+7.3%$1,062–$1,298
1BR$1,190+3.5%$1,071–$1,309
2BR$1,340+6.3%$1,206–$1,474
3BR$1,620+1.3%$1,458–$1,782
4BR$1,760+5.4%$1,584–$1,936

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 31757
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,180$1,190$1,340$1,620$1,760
FY 2026$1,100$1,150$1,260$1,600$1,670
FY 2025$1,050$1,090$1,210$1,560$1,600
FY 2024area FMR$920$926$1,068$1,416$1,473
FY 2023area FMR$765$769$943$1,215$1,373

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Two-bedroom rent in nearby Thomas County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 31757
31626$1,130−15.7%
31720$1,080−19.4%
31738$1,040−22.4%
31757Current$1,340—
31758$1,230−8.2%
31765$1,040−22.4%
31773$1,120−16.4%
31778$1,080−19.4%
31779$1,040−22.4%
31792$1,270−5.2%
31799$1,230−8.2%
39828$1,040−22.4%

Questions about ZIP 31757 rents

How much will Section 8 pay for a two-bedroom in ZIP 31757?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,233, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,110 to $1,356 a month; under the ZIP-level Small Area FMR of $1,340 it would be $1,206 to $1,474. 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 31757 in?

ZIP 31757 is in the Thomas County, GA non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,233.

How much did fair market rent change in ZIP 31757 for FY 2027?

The two-bedroom FMR rose 6.3%, from $1,260 in FY 2026 to $1,340 in FY 2027. Since FY 2025 it has risen 10.7%.

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 rentThomasville, GA fair market rentGA statewide rentsWhat is SAFMR?Data sources