Location: Jefferson County, WI | Metro: Jefferson County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $880 |
| 1 Bedroom | $1,000 |
| 2 Bedrooms | $1,260 |
| 3 Bedrooms | $1,700 |
| 4 Bedrooms | $1,720 |
| 5 Bedrooms | $1,995 |
| 6 Bedrooms | $2,234 |
| 7 Bedrooms | $2,413 |
| 8 Bedrooms | $2,534 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors targeting ZIP code 53137 in the Jefferson County, WI metro area reveals several key points. The HUD Fair Market Rent (FMR) for the metro scope in fiscal year 2026 is set at $1,200. However, the market rent for the area is currently not available, which makes it challenging to directly compare the two figures. Despite this lack of data, we can infer some insights based on the existing information.
Voucher tenants in ZIP 53137 will likely cashflow at the FMR rate of $1,200. This is because the median home value in the area is $453,264, leading to a rent-to-price ratio that suggests properties can be rented out at a rate that covers operating costs and leaves a margin for profit. Given the high median home value, landlords who own single-family homes or small portfolios can expect a positive cash flow from voucher tenants, assuming they manage their expenses effectively.
The median days on market (DOM) and the percentage of price cuts are not available for this ZIP code. However, these metrics would typically be important when assessing the balance between renting and buying. In the absence of such data, the strong median home value indicates a stable housing market, which supports the viability of Section 8 investments.
The strongest investor angle in ZIP 53137 is stability. The consistent median home value and the predictable nature of government-backed rental assistance provide a reliable income stream for landlords and small-portfolio investors, making this area an attractive choice for those seeking long-term, low-risk investment opportunities.
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.