Atlanta-Sandy Springs-Alpharetta, GA · Georgia
Forsyth County
ZIP 30028
260,062 residents1,365 permits TTM$138,000 median HHI3 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$493,800
ACS 5-Year
Cap rate proxy
4.4%
FMR × 0.65 ÷ Home Value
Rent-to-income
16.8%
HUD FMR ÷ ACS HHI
Net migration
+2.61%
IRS SOI
Permits (TTM)
1,365
Census BPS
Climate risk
86.1
FEMA NRI (0–100)
ZIP 30028
Median home value
$538,497
Gross yield
5.2%
Buy Box score
0.4
Section 8 gap
20.8%
Affordability
P/I: 3.9R/I: 18.2%
Section 8 detail
SAFMR: $2,340Rent: $1,937Gap: 20.8%
ZIP code breakdown3 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 30040 | $590,238 | $2,160 | 4.4% | 4.7% | -8.2% |
| 30028 | $538,497 | $2,340 | 5.2% | 4.7% | 10.3% |
| 30041 | $630,457 | $2,150 | 4.1% | 3.7% | 8.5% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
85.0%
Census ACS
Vacancy rate
4.3%
Census ACS
Bachelor's degree +
56.6%
Census ACS
Rent burdened
41.7%
Census ACS (>30% income)
Median age
39.4
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026