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RentData.org Logo Monroe County Fair Market Rent FY 2023 Monroe County, GA HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Monroe County, GA :
$649 $761 $859 $1,045 $1,463
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Monroe County are average compared to the national average. This FMR area is more expensive than 64% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Monroe County is $859 per month.

The previous year, rent for a two-bedroom home was $764 per month. This is a 12.43% increase year-over-year.

This FMR rate applies to Bolingbroke, GA, Smarr, GA and other cities within the region. The Metro Code or CBSA code for this region is METRO31420N13207.

Additionally, This Fair Market Rent (FMR) area Monroe County, GA HUD Metro FMR Area spans one county or city in Georgia which is listed in the table below. Estimated population of Monroe County, GA HUD Metro FMR Area FMR area is 27,455 people based on latest Census data.

Compared to the rest of Georgia, the Monroe County FMR area is more expensive than 75% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Monroe County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Monroe County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 711
1-BR 1-Bedroom $ 833
2-BR 2-Bedroom $ 941
3-BR 3-Bedroom $ 1145
4-BR 4-Bedroom $ 1603
Change Year:
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Monroe County, GA HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Macon.

County / Region Est. Population
Monroe County, GA Metro 27,455
Zip Codes in Monroe County, GA HUD Metro FMR Area

There are 2 unique zip codes in this Fair Market Rent (FMR) area:

31004 and 31086

Lookup Fair Market Rent by Zip Code

What's Next?

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