SAFMR by ZIP/Georgia/ZIP 31702

FY2027 SAFMR · Oct 1, 2026 – Sep 30, 2027

ZIP 31702 Albany, GeorgiaSection 8 / HUD Payment Standards

HUD Small Area Fair Market Rent and Section 8 payment-standard information for ZIP 31702. These figures are the Housing Choice Voucher benchmark, not the PHA’s adopted payment standard. Local authorities usually set that standard between 90% and 110% of the table below. Numbers are gross rents (contract rent + essential utilities). FMR area: Albany, GA MSA. Housing stock for this ZIP: ZIP 31702 — Albany, GA housing and small multifamily market.

Efficiency
$930
1BR SAFMR
$950
2BR SAFMR
$1,080
3BR SAFMR
$1,450
4BR SAFMR
$1,790
2BR 90% floor
$972
2BR 110% ceiling
$1,188
ACS median rent
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SAFMR / ACS rent
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Renter share
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Vacancy
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2–49 unit stock
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HUD schedule, ACS stock, and the 90–110% band for ZIP 31702 · GA — sent to you.

ZIP 31702 · GA

FY2027 SAFMR schedule

UnitSAFMR90% floor110% ceiling
Efficiency$930$837$1,023
1 Bedroom$950$855$1,045
2 Bedroom$1,080$972$1,188
3 Bedroom$1,450$1,305$1,595
4 Bedroom$1,790$1,611$1,969

Source: HUD Small Area Fair Market Rents FY2027.HUD dataset. 90/110% is the statutory band a PHA may adopt — it is not a quote from DCA or any local housing authority.

2BR SAFMR here is $1,080 versus a $1,080 median across 11 other published ZIPs in this metro set (at or above the local SAFMR midpoint).

ZIP 31702 calculators · FY2027

Runs in your browser. Payment standard is a what-if inside the statutory 90–110% band — not the PHA’s adopted schedule.Income limits are HUD FY2026.

SAFMR
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Assumed PS
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Max contract rent
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RCS 150% line
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Enter asking rent to place it in the 90–110% band.

HAP sketch

Sketch only: 30% of gross monthly income, no deductions, no min-rent, no 40% cap test. Confirm with the PHA.

HUD income limits · Albany, GA · FY2026

30% AMI
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50% AMI
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80% AMI
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Area median
$71,200

HCV targeting is generally at or below 50% AMI, with 75% of new admissions at or below 30% AMI. Limits are for the FMR area, not the ZIP.

Housing authorities that may serve this ZIP

HUD does not publish each PHA’s adopted payment standard. Confirm which agency administers the voucher before you underwrite.

Investor

Use the 2BR/3BR SAFMR as a voucher-underwriting check on 2–4 and small 5–50 unit product, not as market rent. If Voucher Spread™ is published on this ZIP, the dollar gap is the underwriting input. Then open live Georgia inventory — do not stop at the HUD table.

Landlord / PHA

Payment standard ≠ asking rent. Confirm the adopted 90–110% schedule and the utility allowance. Rent reasonableness still applies even when asking rent sits inside the band.

Voucher household

The figures are gross-rent benchmarks. A unit at the SAFMR with tenant-paid utilities will clear less contract rent than the headline number. Ask the PHA for the current utility schedule before you tour.

Nearby ZIPs in this metro

FAQ

What is the Section 8 rent in ZIP 31702?

On Jeff Crowe CRE, HUD’s FY2027 Small Area Fair Market Rents for 31702 (Albany, GA) — the Section 8 / Housing Choice Voucher benchmark — are $930 efficiency, $950 1-bedroom, $1,080 2-bedroom, $1,450 3-bedroom, and $1,790 4-bedroom. These are gross rents (contract rent + essential utilities), effective October 1, 2026 through September 30, 2027. The PHA’s payment standard is usually 90–110% of SAFMR, not the SAFMR itself.

How much will Section 8 pay for a 2-bedroom in 31702?

Jeff Crowe CRE lists the FY2027 2-bedroom SAFMR for 31702 at $1,080. A typical payment-standard band is $972 to $1,188 (90–110% of SAFMR). Actual HAP depends on the adopted PHA schedule, the utility allowance, household income, and rent reasonableness. Confirm with the administering PHA (in much of Georgia that is DCA; inside city programs it may be a local authority).

What is the Section 8 payment standard in 31702?

HUD does not publish each PHA’s adopted payment standard. Jeff Crowe CRE shows the statutory 90–110% band around the FY2027 SAFMR for ZIP 31702: 1BR $855–$1,045, 2BR $972–$1,188, 3BR $1,305–$1,595. Ask the local housing authority for the current schedule and utility allowance.

Is the SAFMR the same as the Section 8 payment standard?

No. On Jeff Crowe CRE, SAFMR is HUD’s ZIP-level Fair Market Rent. The payment standard is what the PHA adopts, usually between 90% and 110% of SAFMR. Contract rent can differ again after the utility allowance. Asking rent can sit above the payment standard; the household pays the gap if the PHA allows it.

What is the HUD Fair Market Rent for 31702?

Jeff Crowe CRE publishes the HUD Fair Market Rent used for Housing Choice Vouchers in ZIP 31702 as the FY2027 Small Area FMR: $930 efficiency, $950 1BR, $1,080 2BR, $1,450 3BR, $1,790 4BR.

Why is 31702 a Small Area FMR instead of one metro-wide number?

31702 is in the Albany, GA MSA FMR area. Jeff Crowe CRE maps HUD SAFMR at the ZIP so voucher holders can reach neighborhoods whose rents sit above or below the metro average.

How should a small multifamily investor use the 31702 SAFMR?

Jeff Crowe CRE treats SAFMR as a bid floor/ceiling check for voucher-heavy 2–4 and 5–50 unit product — not as market rent. If Voucher Spread™ is published here, the dollar gap between HUD’s ZIP schedule and observed FMLS small-multifamily medians is the underwriting input. Pair it with live Georgia inventory on Jeff Crowe CRE and confirm the administering PHA’s current payment standard.

Where is the housing-stock profile for ZIP 31702?

Jeff Crowe CRE publishes Census housing stock, renter share, small-multifamily composition, LIHTC inventory, and 2018–2023 population change for ZIP 31702 on the ZIP 31702 — Albany, GA housing and small multifamily market. This page is the HUD SAFMR / Section 8 schedule only.