Section 8 Fair Market Rent (FMR) for ZIP 53157 - 2027

Location: Walworth County, WI | Metro: Walworth County, WI

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$910
1 Bedroom$990
2 Bedrooms$1,300
3 Bedrooms$1,620
4 Bedrooms$2,140
5 Bedrooms$2,482
6 Bedrooms$2,780
7 Bedrooms$3,002
8 Bedrooms$3,152

The ZIP code 53157 in Pell Lake, WI, is distinct due to its small population size, with only 80 residents recorded. There are 21 households, averaging approximately 3.81 persons per household. Unfortunately, detailed demographic data such as median income and median home value are not available for this ZIP code.

Pivoting to the voucher economics, the Fair Market Rent (FMR) for ZIP 53157 is set at $1,210 for the fiscal year 2026. This figure is crucial for landlords and small-portfolio investors who participate in the Section 8 program. However, without specific market rent data, it is challenging to compare the FMR to local rental prices directly.

Based on the limited data available, the ZIP code 53157 appears to be stable rather than transitional. Its small and tight-knit community structure suggests a consistent environment, though further analysis would be needed to confirm this assessment fully.

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.