Worth County/Moultrie/31768

31768

ZIPSAFMR

Worth County, GA

View on ZillowZillow

ZIP Investment Score

96Above average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$870	$960	2.4%
1 BR	$910	$1,000	3.5%
2 BR	$1,020	$1,120	2.4%
3 BR	$1,390	$1,280	3.1%
4 BR	$1,680	$1,360	2.9%
5 BR	$1,932	Not available	2.9%
6 BR	$2,222	Not available	2.9%
7 BR	$2,555	Not available	2.9%
8 BR	$2,938	Not available	2.9%

Purchase Price Calculator

Maximum purchase price

$104,515

Cost breakdown

+Likely effective rent$1,120

HUD FMR$1,020

Market rent$1,230

Est. payment standard (110%)Used$1,120

-Principal and interest-$528

Loan amount$83,612

Down payment$20,903

Rate6.50%

Term30 years

-Operating costs-$392

Property taxes-$105

Insurance-$175

Utilities$0

HOA$0

Management-$112

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$18,232(87.2% ROI)

Projected value

$112,551

Return breakdown

Property appreciation+$8,036

Loan principal paid down+$2,996

Rental cash flow+$7,200

5-year hold

+$31,076(148.7% ROI)

Projected value

$118,249

Return breakdown

Property appreciation+$13,734

Loan principal paid down+$5,342

Rental cash flow+$12,000

10-year hold

+$66,002(315.8% ROI)

Projected value

$133,788

Return breakdown

Property appreciation+$29,273

Loan principal paid down+$12,729

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

0.76ratio

FMR$870

Market$1,150

vs market-$280

FMR is below market; voucher rent may lag private rents.

0.76

1 BR

0.76ratio

FMR$910

Market$1,200

vs market-$290

FMR is below market; voucher rent may lag private rents.

0.76

2 BR

0.83ratio

FMR$1,020

Market$1,230

vs market-$210

FMR is below market; voucher rent may lag private rents.

0.83

3 BR

1.09ratio

FMR$1,390

Market$1,280

vs market+$110

FMR is near market; voucher and private rents are aligned.

1.09

4 BR

1.24ratio

FMR$1,680

Market$1,360

vs market+$320

FMR is above market; underwrite to market rent.

1.24

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 31768 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 31768 (Moultrie, GA) is $1,020 a month. That is up 4.1% from $980 in FY 2026. Moultrie is in the Albany, 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 $1,103. Among 13 ZIP codes in Worth County, 31768 is tied for the 7th-highest two-bedroom rent (county range $1,020–$1,240). The median county two-bedroom FMR in Georgia is $1,058, so ZIP 31768 is 4% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 31768
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$840	$870	+3.6%	$783–$957
1BR	$860	$910	+5.8%	$819–$1,001
2BR	$980	$1,020	+4.1%	$918–$1,122
3BR	$1,320	$1,390	+5.3%	$1,251–$1,529
4BR	$1,590	$1,680	+5.7%	$1,512–$1,848

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 31768
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$870	$910	$1,020	$1,390	$1,680
FY 2026	$840	$860	$980	$1,320	$1,590
FY 2025	$770	$780	$910	$1,200	$1,480
FY 2024	$810	$820	$950	$1,270	$1,540
FY 2023	$700	$710	$840	$1,100	$1,340

Two-bedroom rent in nearby Worth County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 31768
31712	$1,020	0.0%
31714	$1,020	0.0%
31744	$1,150	+12.7%
31768Current	$1,020	—
31771	$1,070	+4.9%
31772	$1,140	+11.8%
31775	$1,020	0.0%
31781	$1,240	+21.6%
31789	$1,200	+17.6%
31791	$1,020	0.0%
31795	$1,050	+2.9%
31796	$1,020	0.0%

Questions about ZIP 31768 rents

How much will Section 8 pay for a two-bedroom in ZIP 31768?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,103, which applies unless the housing authority uses Small Area FMRs, that basic range is $993 to $1,213 a month; under the ZIP-level Small Area FMR of $1,020 it would be $918 to $1,122. 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 31768 in?

ZIP 31768 is in the Albany, GA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,103.

How much did fair market rent change in ZIP 31768 for FY 2027?

The two-bedroom FMR rose 4.1%, from $980 in FY 2026 to $1,020 in FY 2027. Since FY 2023 it has risen 21.4%.

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

County fair market rent Moultrie, GA fair market rent GA statewide rents What is SAFMR?Data sources