FIPS 13121 · population 1,076,561 · part of Atlanta, GA
The latest county-level Zillow ZORI is $1,907 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.
| Bedrooms | HUD monthly FMR | Geography | Measurement boundary |
|---|---|---|---|
| Studio | $1,585 | Fulton County, GA | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 1 bedroom | $1,660 | Fulton County, GA | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 2 bedrooms | $1,820 | Fulton County, GA | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 3 bedrooms | $2,182 | Fulton County, GA | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 4 bedrooms | $2,605 | Fulton County, GA | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26
Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.
Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.
Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.
Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.
BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.
HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.
These Apartment List observations match the exact county Census code 13121. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.
Monthly overall-rent index; missing observations are not filled from another geography.
Fulton County has a split county-level case: Zillow’s 2026-06 county reading shows a $421,432 median home value, down 2.37%, while measured median asking rent is $1,907 per month, up 2.75%, and the reported gross yield is 5.43%. That price/rent divergence merits investigation by operators who can verify unit-level rents and expenses; underwriting that depends on appreciation or very thin margins deserves caution. This is county evidence, not a property-level conclusion.
FHFA’s 2025 annual repeat-transaction HPI rose 1.24%, directionally challenging Zillow’s decline. It is an appreciation index, not a home value, and its vintage and method differ from Zillow’s; the rates must not be combined. HUD’s two-bedroom FMR is a payment standard rather than an asking-rent estimate, so it cannot replace the published market-rent measure. The 0.88% effective property-tax rate is a carrying-cost input. Published market rent permits the stated gross-yield measure, but this record cannot establish net yield because operating costs, insurance, maintenance, financing and vacancy are not published.
Realtor.com MLS evidence adds a mixed marketing read: 5,971 active listings, asking prices rising, inventory and median days on market falling, and 21.72% of listings reduced. These are listing-market measures—asking prices, visible supply, marketing time and seller concessions—not closed-sale prices or proof of buyer demand; the pending ratio does not resolve that limit. Tax-return migration was net negative by 392 households, and out-movers’ average income exceeded in-movers’ by $7,732, a composition flag rather than renter-demand evidence. Non-occupant purchase mortgages were 9.86% of 12,795 purchases, identifying countywide investor participation but not bidding behavior for a target asset. Annual QCEW records covered workplace employment, not resident employment or unemployment; professional and business services is the largest disclosed private supersector, while QCEW does not describe the whole economy.
Inland flood is the dominant hazard, and the modeled expected annual building-value loss ratio is 0.09%. That is modeled loss exposure, not damage history or a parcel-specific insurance quote. Next checks are flood zone, elevation, claims and coverage terms; property-level tax assessments; comparable rents by unit type; vacancy and turnover; condition; and repair, insurance and financing costs. Without those items, county data cannot determine asset-level net cash flow, coverage cost or flood resilience.
This view uses 12 direct Zillow ZIP markets matched to Census ZCTAs. Each ZIP is assigned by its largest HUD residential county share; this is not an exhaustive county inventory.
Across the selected direct-evidence ZIP/ZCTA matches, Zillow’s June 2026 ZORI—a typical observed asking-rent index—runs from $1,504 in 30350 to $2,241 in 30309. The selected-set median is $1,845, a $737 spread. The pattern includes both lower and higher current asking-rent benchmarks rather than a tight cluster around a single value. For Fulton screening, the decision is whether a specific unit’s current asking rent, bedroom configuration, and lease terms fit the household budget, not whether it matches a countywide or ZIP-level benchmark exactly. A local index can anchor the search, but it cannot substitute for the quoted terms of a particular available unit.
The three rent series should be read in parallel rather than combined. At county scale, Zillow’s June index is $1,907, the ACS 2024 five-year median gross rent is $1,732, and HUD’s FY 2026 two-bedroom Fair Market Rent is $1,820. Each answers a different question: Zillow records a typical observed asking-rent index; ACS provides a multi-year survey estimate; HUD FMR supplies an administrative bedroom-specific standard. The contrasts within the selected records reinforce that separation. In 30311, Zillow is $2,176 against a $1,370 FMR, or 159% of the standard; in 30324, the $1,651 Zillow index is 62% of its $2,650 FMR. Neither relationship converts the series into one price, adjusts for a unit’s bedroom count, or establishes a current listing price.
ACS survey evidence supports a separate affordability-and-availability screen. Fulton County’s 30%-or-more rent-burden share is 50.5%, and its vacancy rate is 8.8%. At the low-burden end of the selected ZCTAs, 30305 has a 37.7% burden estimate and an 11.1% vacancy rate; at the high-burden end, 30349 has 60.0% and 9.5%, respectively. The pairs show no simple ranking between the two measures. A lower burden estimate does not establish a cheaper current asking rent, and a higher vacancy estimate does not establish immediate supply. Use these multi-year ACS indicators to frame budget-stress and availability-proxy questions, then test actual unit availability and household qualification separately.
The coverage is deliberately bounded: 12 displayed direct-evidence matches come from 31 eligible matches and encompass 124,101 renter households, so they are not an exhaustive Fulton County inventory. For this county, a displayed ZIP is assigned using the largest HUD residential-address share, whereas ACS attributes attach to a Census ZCTA; delivery ZIP footprints, ZCTA boundaries, and county lines do not always coincide. Treat the labels as a crosswalked analytic display, not a precise property boundary. Before acting on any benchmark, verify the property’s active asking rent, bedroom count, utilities and recurring fees, availability date, lease duration, application and income rules, and the physical-address mapping. Check the actual unit rather than assuming the crosswalk identifies the listing.
31 ZIP profiles passed the county gate; the 12 with the most renter households are shown.
| ZIP / ZCTA | Zillow asking rent | ACS gross rent | HUD 2BR | Burden 30%+ | Vacancy | Income screen | HUD county share |
|---|---|---|---|---|---|---|---|
| 30318 | $1,804 | $1,722 | $2,050 | 48.2% | 14.0% | $72k | 100.0% |
| 30349 → | $1,842 | $1,495 | $1,600 | 60.0% | 9.5% | $74k | 71.9% |
| 30331 | $1,767 | $1,327 | $1,600 | 56.2% | 9.6% | $71k | 100.0% |
| 30309 | $2,241 | $2,195 | $2,730 | 44.3% | 9.2% | $90k | 100.0% |
| 30324 | $1,651 | $1,821 | $2,650 | 53.4% | 13.6% | $66k | 86.6% |
| 30312 | $1,919 | $1,673 | $2,150 | 41.5% | 6.7% | $77k | 100.0% |
| 30350 | $1,504 | $1,709 | $2,250 | 48.3% | 7.0% | $60k | 99.3% |
| 30308 | $1,976 | $1,890 | $2,470 | 47.8% | 11.9% | $79k | 100.0% |
| 30311 | $2,176 | $1,275 | $1,370 | 53.2% | 11.3% | $87k | 100.0% |
| 30328 | $1,848 | $2,021 | $2,560 | 41.9% | 7.2% | $74k | 100.0% |
| 30344 | $1,531 | $1,360 | $1,680 | 55.6% | 13.4% | $61k | 100.0% |
| 30305 | $2,122 | $2,022 | $2,430 | 37.7% | 11.1% | $85k | 100.0% |
Open a five-digit report for asking rent, affordability, rent history and resale liquidity. Each row keeps its ZIP/ZCTA measurement scope.
| ZIP report | City label | Zillow rent | 1Y change | ACS burden 30%+ | Population |
|---|---|---|---|---|---|
| ZIP 30309 rental reportFulton County | Atlanta, GA | $2,241 | ▲ 3.2% | 44.3% | 32,479 |
| ZIP 30305 rental reportFulton County | Atlanta, GA | $2,122 | ▲ 2.8% | 37.7% | 28,110 |
| ZIP 30306 rental reportFulton County | Atlanta, GA | $2,009 | ▲ 4.0% | 40.9% | 24,236 |
| ZIP 30308 rental reportFulton County | Atlanta, GA | $1,976 | ▲ 1.1% | 47.8% | 23,181 |
| ZIP 30326 rental reportFulton County | Atlanta, GA | $1,922 | ▲ 1.9% | 54.6% | 8,234 |
| ZIP 30312 rental reportFulton County | Atlanta, GA | $1,919 | ▲ 2.6% | 41.5% | 26,942 |
| ZIP 30310 rental reportFulton County | Atlanta, GA | $1,902 | ▲ 6.4% | 53.1% | 27,186 |
| ZIP 30315 rental reportFulton County | Atlanta, GA | $1,891 | ▲ 4.6% | 54.4% | 34,264 |
| ZIP 30349 rental reportFulton County | Atlanta, GA | $1,842 | ▲ 2.4% | 60.0% | 79,872 |
| ZIP 30318 rental reportFulton County | Atlanta, GA | $1,804 | ▲ 2.9% | 48.2% | 59,609 |
| ZIP 30331 rental reportFulton County | Atlanta, GA | $1,767 | ▼ 0.2% | 56.2% | 62,567 |
| ZIP 30324 rental reportFulton County | Atlanta, GA | $1,651 | ▲ 1.7% | 53.4% | 29,073 |
| ZIP 30350 rental reportFulton County | Sandy Springs, GA | $1,504 | ▲ 2.0% | 48.3% | 35,170 |
Zillow ZORI is an asking-rent index. ACS burden and population describe the Census ZCTA; missing observations remain n/a.
Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.
Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.
0.086% of building value expected lost per year
$4,033 median annual bill
50,254 in · 50,646 out
$86,055 arriving · $93,787 leaving
1,262 of 12,795 mortgages
Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.
A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.
| County | Population | Price | Rent | Yield | Hazard |
|---|---|---|---|---|---|
| Fulton County | 1,076,561 | $421k | $1,907 | 5.4% | inland flooding |
| Gwinnett County | 979,864 | $411k | $1,848 | 5.4% | inland flooding |
| Cobb County | 775,208 | $429k | $1,752 | 4.9% | inland flooding |
| DeKalb County | 765,351 | $339k | $1,781 | 6.3% | inland flooding |
| Clayton County | 298,924 | $231k | $1,596 | 8.3% | inland flooding |
| Cherokee County | 281,032 | $479k | $2,137 | 5.3% | inland flooding |
| Forsyth County | 267,287 | $620k | $2,312 | 4.5% | inland flooding |
| Henry County | 249,960 | $323k | $1,855 | 6.9% | inland flooding |
| Paulding County | 178,909 | $346k | $2,093 | 7.2% | inland flooding |
No. It is gross market-rent yield before costs; the record does not publish the operating, insurance, maintenance, financing or vacancy inputs needed for net yield.
No. The record identifies HUD two-bedroom FMR as a payment standard and separately publishes a measured median asking-rent figure.
It measures annual covered employment at workplaces in the county, not resident employment, unemployment or a forecast.