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Housing market/Georgia/ZIP 30331

ACS 2023 · FY2027 SAFMR

ZIP 30331 Atlanta, Georgia

Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area · Georgia. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
63,418
Households
24,967
Median HH income
$61,548
Renter share
49.3%
Median gross rent
$1,264
Vacancy
8.6%
Pop. change
-1.7%
2BR SAFMR
$1,440
SAFMR / rent
1.139×
2–49 unit stock
8,320
LIHTC proj / units
29 / 4,740
HUD assisted MF
9 / 711

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 30331 · GA — sent to you.

ZIP 30331 · GA

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ACS rent vs 2BR SAFMR

ZIP 30331 — Atlanta, GA HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,264
2BR SAFMR$1,440
90% floor$1,296
110% ceiling$1,584

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 30331

  • 1-unit detached14,12051.7%
  • 1-unit attached1,8886.9%
  • 2–4 units1,8286.7%
  • 5–49 units6,49223.8%
  • 50+ units2,6869.8%
  • Mobile3001.1%
TypeUnitsShare
1-unit detached14,12051.7%
1-unit attached1,8886.9%
2 units (duplex)3481.3%
3–4 units1,4805.4%
5–9 units2,2848.4%
10–19 units2,85610.5%
20–49 units1,3524.9%
50+ units2,6869.8%
Mobile3001.1%

2–4 unit share 6.7% · 5–49 unit share 23.8% · combined 2–49 30.5%.

Units by bedrooms

Studio
265
1BR
3,803
2BR
6,052
3BR
8,851
4BR
5,490
5+
2,853

Rent burden

Rent ≥30% of income54.0%
Rent ≥50% of income33.7%
  • ACS median gross rent $1,264 (all bedrooms, occupied rentals).
  • Median contract rent $1,087.
  • Renters paying ≥30% of income 54.0%; ≥50% 33.7%.
  • FY2027 2BR SAFMR $1,440 (1.139× ACS median gross rent).

Population

63,418 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -1.7%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 29 projects, 4,740 units.
  • HUD project-based assisted MF: 9 properties, 711 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 6,918 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 30331 49.3% of occupied households are renters; vacancy is 8.6%; ACS median gross rent is $1,264; population changed -1.7% between the 2018 and 2023 ACS vintages; the housing stock includes 1,828 units in 2–4-unit structures and 6,492 units in 5–49-unit structures; 29 LIHTC projects totaling 4,740 units; FY2027 2BR SAFMR is $1,440 versus ACS median gross rent of $1,264. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

ZIP 30331 — Atlanta, GA HUD Section 8 Payment Standards / SAFMR·Georgia ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
30002Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area34.8%$1,123$1,22030003Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area——$1,90030004Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area24.4%$1,839$2,09030005Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area28.4%$1,929$2,15030006Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area——$1,83030007Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area——$1,83030008Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area41.0%$1,416$1,59030009Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area35.8%$2,030$2,18030010Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area——$1,90030011Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area16.9%$1,489$1,88030012Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area42.0%$1,134$1,29030013Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area39.9%$1,447$1,640

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Georgia research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 30331?

ZIP 30331 (Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area) has 63,418 residents, 24,967 households, a renter share of 49.3%, median household income of $61,548, and ACS 2023 median gross rent of $1,264. Vacancy is 8.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 30331?

ACS counts 348 units in 2-unit buildings, 1,480 in 3–4 unit buildings, 2,284 in 5–9, 2,856 in 10–19, and 1,352 in 20–49. Combined 2–49 unit stock is 8,320 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 30331?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,440. See the full schedule and 90–110% payment-standard band on the ZIP 30331 — Atlanta, GA HUD Section 8 Payment Standards / SAFMR.