FY2027 Small Area FMR · Forsyth, GA
ZIP 31029 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 31029 (Forsyth, GA) is $1,150 a month, down 4.2% from FY2026. That is 15% above the Butts County, GA area-wide FMR of $1,002.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 31029 sits in the Butts County, GA area
Of the 7 ZIP codes HUD lists for the area, 31029 has the 5th highest two-bedroom Small Area FMR. Butts 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 $1,002 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,150 for this ZIP code instead.
ZIP code 31029 crosses more than one HUD area. HUD also lists it under Monroe County, GA (same figures) and Lamar County, GA (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $980 | $882 – $1,078 | $884 | $1,010 |
| 1 bedroom | $1,060 | $954 – $1,166 | $920 | $1,070 |
| 2 bedrooms | $1,150 | $1,035 – $1,265 | $1,002 | $1,200 |
| 3 bedrooms | $1,370 | $1,233 – $1,507 | $1,376 | $1,440 |
| 4 bedrooms | $1,630 | $1,467 – $1,793 | $1,675 | $1,710 |
A household renting a two-bedroom home at the Small Area FMR of $1,150 needs about $46,000 a year to keep housing costs at 30% of income. The area median family income is $81,200 and the 80% low-income limit for four people is $64,950. ZIP code 31029 lies mainly in Monroe County and Butts County. See the Butts County, GA county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 31029?
HUD's FY2027 Small Area Fair Market Rents for 31029 are $980 (studio), $1,060 (1 BR), $1,150 (2 BR), $1,370 (3 BR) and $1,630 (4 BR) a month.
What is the Section 8 payment standard in 31029?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 31029 that range is $1,035 to $1,265 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 31029?
The FY2026 income limits of the Butts County, GA area apply: median family income $81,200, low-income (80%) limit $64,950 for a family of four.