Georgia · FIPS 13011 · HUD FY 2027
Banks County, Georgia Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Banks County is $1,002 a month (rent plus utilities), 34% below the Georgia average of $1,528 and 43% below the U.S. average of $1,761. That is up $29 (3.0%) from FY 2026. At 30% of income, a household needs about $40,080 a year to afford it.
- $1,0022-bedroom FMR+$29 (+3.0%) vs FY 2026
- $9201-bedroom FMRGeorgia: $1,374 · U.S.: $1,478
- $40,080Income for a 2-bedroom$19/hour full-time
- 94 of 1592BR rank in Georgia1 = highest rent
| Unit | Banks County FY 2027 | FY 2026 | Change | Georgia avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $825 | $765 | +$60 (+7.8%) | $1,305 | $1,379 | $33,000 |
| 1 bedroom | $920 | $770 | +$150 (+19.5%) | $1,374 | $1,478 | $36,800 |
| 2 bedrooms | $1,002 | $973 | +$29 (+3.0%) | $1,528 | $1,761 | $40,080 |
| 3 bedrooms | $1,280 | $1,217 | +$63 (+5.2%) | $1,865 | $2,266 | $51,200 |
| 4 bedrooms | $1,446 | $1,395 | +$51 (+3.7%) | $2,203 | $2,607 | $57,840 |
How Banks County compares
- Banks County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Georgia, 2-bedroom FMRs run from $1,002 (Wilkinson County) to $1,762 (Barrow County).
- Studio to 4-bedroom: $825, $920, $1,002, $1,280, $1,446. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 4 ZIP codes mostly in Banks County (by land area), the 2-bedroom figure ranges from $1,180 to $1,370.
Small Area FMRs by ZIP code in Banks County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 30510 | $1,060 | $1,250 | $1,370 | $1,660 | $1,920 | +$10 (+0.7%) | 37% above |
| 30511 | $1,000 | $1,090 | $1,210 | $1,560 | $1,700 | +$60 (+5.2%) | 21% above |
| 30530 | $1,050 | $1,070 | $1,200 | $1,570 | $1,750 | +$60 (+5.3%) | 20% above |
| 30547 | $970 | $1,080 | $1,180 | $1,510 | $1,700 | −$10 (−0.8%) | 18% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.