Section 8 Fair Market Rent (FMR) for ZIP 53152 - 2027

FY 2027 Fair Market Rent Rates

$1400 is the Fair Market Rent (FMR) for ZIP 53152 for fiscal year 2024. This figure represents the amount landlords can expect from tenants participating in the Section 8 program.

The specific data for ZIP 53152 is not currently available, but the surrounding area indicates an average home value of $431,995, which has increased by 5.3% over the past year. This trend suggests a growing real estate market in the region.

With the lack of precise market rent, median home value, renter share, median income, days on market (DOM), and price-cut share percentages for ZIP 53152, landlords must rely on broader regional trends to inform their investment decisions.

In the absence of detailed local data, it's crucial for landlords to understand that the $1400 FMR provides a baseline for rental income. However, the actual market conditions could vary, necessitating careful consideration of broader economic indicators.

The rising home values in the surrounding area indicate potential for capital appreciation, which can be a significant factor for small-portfolio investors looking to maximize returns over time.

Given the limited local data, landlords should consider diversifying their investment strategies to mitigate risks associated with market fluctuations. Relying solely on Section 8 tenants may not be the most profitable approach, especially without comprehensive local market analysis.

Verdict: ZIP 53152 presents opportunities for landlords through the $1400 FMR, but broader market trends suggest caution and diversification in investment strategies.

Data Sources: FMR data from HUD (2027).

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.