Location: Dodge County, WI | Metro: Dodge County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $990 |
| 1 Bedroom | $1,110 |
| 2 Bedrooms | $1,370 |
| 3 Bedrooms | $1,810 |
| 4 Bedrooms | $1,850 |
| 5 Bedrooms | $2,146 |
| 6 Bedrooms | $2,404 |
| 7 Bedrooms | $2,596 |
| 8 Bedrooms | $2,726 |
U.S. Census Bureau data (2024)
ZIP 53003, located in Dodge County, WI, presents itself as a diversifier within a Section 8 portfolio strategy. Despite the lack of specific data on median home values and market trends, the median income of $61,510 suggests a stable economic environment suitable for rental properties.
The Federal Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,370. Given the absence of current market rental rates, this figure serves as a reliable benchmark for determining potential rental income. Landlords and small-portfolio investors can leverage this information to ensure their rental properties remain competitive and financially viable.
With a 0.0% renter share, it is evident that homeownership is prevalent in this ZIP code. However, the stable median income indicates a consistent demand for rental units, particularly those that cater to low-income families eligible for Section 8 assistance. This makes ZIP 53003 an ideal location for diversifying a real estate portfolio, offering a mix of investment opportunities and financial security.
To summarize, ZIP 53003 is best suited as a diversifier within a Section 8 portfolio strategy due to its stable median income and the potential for steady rental income, even if the direct rental market share is low. The FMR of $1,370 provides a solid foundation for setting competitive rental prices, ensuring positive cash flow and long-term investment growth.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.