Location: Dodge County, WI | Metro: Milwaukee-Waukesha, WI MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $930 |
| 1 Bedroom | $1,010 |
| 2 Bedrooms | $1,210 |
| 3 Bedrooms | $1,490 |
| 4 Bedrooms | $1,610 |
| 5 Bedrooms | $1,868 |
| 6 Bedrooms | $2,092 |
| 7 Bedrooms | $2,259 |
| 8 Bedrooms | $2,372 |
U.S. Census Bureau data (2024)
With a Fair Market Rent (FMR) of $1070 set for ZIP 53027 in Hartford, WI, for fiscal year 2024, landlords can expect to align their rental prices with government standards for housing assistance. The Census ACS reports a market rent of $1,110, indicating that properties priced at the FMR level are slightly below the average but still competitive. The median home value in the area stands at $409,535, which suggests a stable real estate market where investments can be expected to hold their value. Renter share in ZIP 53027 is 25.0%, showing a significant portion of the population relies on rental housing, creating a steady demand for available units. Median income is reported at $91,150, providing insight into the financial capacity of potential tenants. While the days on market (DOM) data is unavailable, the price-cut share is only 0.2%, suggesting that properties in this area rarely need to be discounted to attract buyers, maintaining strong pricing power. In conclusion, the combination of a manageable FMR, a slightly higher market rent, a robust median home value, and a low price-cut share makes ZIP 53027 an attractive location for Section 8 investors seeking stable returns and minimal risk.
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.