Georgia · FIPS 13207 · HUD FY 2027
Monroe County, Georgia Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Monroe County is $1,151 a month (rent plus utilities), 25% below the Georgia average of $1,528 and 35% below the U.S. average of $1,761. That is down $23 (2.0%) from FY 2026. At 30% of income, a household needs about $46,040 a year to afford it.
- $1,1512-bedroom FMR−$23 (−2.0%) vs FY 2026
- $1,0571-bedroom FMRGeorgia: $1,374 · U.S.: $1,478
- $46,040Income for a 2-bedroom$22/hour full-time
- 67 of 1592BR rank in Georgia1 = highest rent
| Unit | Monroe County FY 2027 | FY 2026 | Change | Georgia avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $986 | $984 | +$2 (+0.2%) | $1,305 | $1,379 | $39,440 |
| 1 bedroom | $1,057 | $1,048 | +$9 (+0.9%) | $1,374 | $1,478 | $42,280 |
| 2 bedrooms | $1,151 | $1,174 | −$23 (−2.0%) | $1,528 | $1,761 | $46,040 |
| 3 bedrooms | $1,371 | $1,408 | −$37 (−2.6%) | $1,865 | $2,266 | $54,840 |
| 4 bedrooms | $1,513 | $1,662 | −$149 (−9.0%) | $2,203 | $2,607 | $60,520 |
How Monroe County compares
- HUD sets this rent for the Monroe County, GA metro FMR area, which covers 29,664 residents in 1 county.
- Across Georgia, 2-bedroom FMRs run from $1,002 (Wilkinson County) to $1,762 (Barrow County).
- Studio to 4-bedroom: $986, $1,057, $1,151, $1,371, $1,513. 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 Monroe County (by land area), the 2-bedroom figure ranges from $1,150 to $1,230.
Small Area FMRs by ZIP code in Monroe County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 31004 | $980 | $1,060 | $1,150 | $1,370 | $1,510 | −$20 (−1.7%) | about the same as |
| 31016 | $980 | $1,050 | $1,180 | $1,420 | $1,560 | +$50 (+4.4%) | 3% above |
| 31029 | $980 | $1,060 | $1,150 | $1,370 | $1,630 | −$50 (−4.2%) | about the same as |
| 31046 | $1,050 | $1,120 | $1,230 | $1,470 | $1,630 | −$40 (−3.1%) | 7% 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.