Location: Milwaukee-Waukesha, WI | Metro: Milwaukee-Waukesha, WI MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| 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 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,210 | $269,372 | 0.45% | F |
| 3BR | $1,490 | $367,607 | 0.41% | F |
| 4BR | $1,610 | $438,969 | 0.37% | F |
| 5BR | $1,868 | $405,659 | 0.46% | F |
U.S. Census Bureau data (2024)
The ZIP code 53080, located in Saukville, WI, stands out within Ozaukee County due to its unique demographic and economic profile. With a population of 5,059 residents, Saukville has a rental rate of 39.8%, slightly above the national average. The median income here is $80,360, which is relatively strong, supporting a median home value of $387,576.
The economics of Section 8 vouchers in Saukville present a compelling opportunity for landlords and small-portfolio investors. The Fair Market Rent (FMR) for ZIP 53080 in fiscal year 2024 is set at $1,000, significantly lower than the market rent, which is estimated at $1,707 according to the ZORI index. This disparity means that landlords can potentially receive a higher subsidy payment from the government compared to what they might charge tenants without vouchers, making it a lucrative option for those looking to stabilize their rental income.
The data signature for ZIP 53080 indicates a stable environment. The relatively high median income supports a robust housing market, and the substantial difference between the FMR and market rent suggests a favorable position for landlords who accept Section 8 vouchers. However, the significant portion of renters also points to a transitional aspect, as changes in local economic conditions could affect the demand for rental properties. For now, the numbers suggest that Saukville offers a balanced mix of stability and potential growth for real estate investments, especially those involving Section 8 vouchers.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.