FY2027 Small Area FMR · Bostwick, GA

ZIP 30623 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 30623 (Bostwick, GA) is $1,300 a month, down 7.1% from FY2026. That is 2% below the Morgan County, GA area-wide FMR of $1,327.

2-bedroom SAFMR$1,300per month ▼ 7.1%

Area-wide 2 BR FMR$1,327Morgan County, GA

Rank in the area4thof 10 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,170

2 BR Small Area FMR$1,300

110% of SAFMR$1,430

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,140▼ 6.6%

1 BR$1,190▼ 4.8%

2 BR$1,300▼ 7.1%

3 BR$1,590▼ 9.7%

4 BR$2,180▲ 3.3%

FY2027 FY2026

Where 30623 sits in the Morgan County, GA area

Of the 10 ZIP codes HUD lists for the area, 30623 has the 4th highest two-bedroom Small Area FMR. Morgan County, GA is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,327 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,300 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,140	$1,026 – $1,254	$1,170	$1,220
1 bedroom	$1,190	$1,071 – $1,309	$1,219	$1,250
2 bedrooms	$1,300	$1,170 – $1,430	$1,327	$1,400
3 bedrooms	$1,590	$1,431 – $1,749	$1,581	$1,760
4 bedrooms	$2,180	$1,962 – $2,398	$2,178	$2,110

A household renting a two-bedroom home at the Small Area FMR of $1,300 needs about $52,000 a year to keep housing costs at 30% of income. The area median family income is $100,900 and the 80% low-income limit for four people is $80,700. ZIP code 30623 lies mainly in Morgan County. See the Morgan County, GA county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
30641	Good Hope	4.0 mi	$1,210
30621	Bishop	5.3 mi	$1,300
30663	Rutledge	8.4 mi	$1,370
30655	Monroe	9.6 mi	$1,240
30025	Social Circle	10.1 mi	$1,200
30677	Watkinsville	10.4 mi	$1,620

Questions

What is the Fair Market Rent for ZIP code 30623?

HUD's FY2027 Small Area Fair Market Rents for 30623 are $1,140 (studio), $1,190 (1 BR), $1,300 (2 BR), $1,590 (3 BR) and $2,180 (4 BR) a month.

What is the Section 8 payment standard in 30623?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 30623 that range is $1,170 to $1,430 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 30623?

The FY2026 income limits of the Morgan County, GA area apply: median family income $100,900, low-income (80%) limit $80,700 for a family of four.