Location: Dodge County, WI | Metro: Dodge County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | $1,380 |
| 5 Bedrooms | $1,601 |
| 6 Bedrooms | $1,793 |
| 7 Bedrooms | $1,936 |
| 8 Bedrooms | $2,033 |
U.S. Census Bureau data (2024)
The market in ZIP code 53557 presents a dynamic landscape that is currently favoring demand over supply. This inference is drawn from the comparison between the Fair Market Rent (FMR) set at $1,110 for fiscal year 2026 and the current market rent of $746, as reported by the Census ACS. The gap suggests that rents are likely to rise, aligning with the FMR, indicating a scenario where tenants are willing to pay more for housing.
The 28.0% renter share highlights a significant portion of the population that relies on rental properties. This high percentage points to ongoing and potentially increasing long-term housing pressure. Landlords and small-portfolio investors should take note: as the area develops and becomes more attractive, the competition for rental units will intensify, driving up both the demand and the potential rental income.
Despite the lack of specific data on days on market (DOM) and median home values, the absence of a substantial price-cut share implies that homes are selling at or near their listed prices, which is a positive sign for the real estate market. It indicates that there is strong interest in homeownership, complementing the high renter share and suggesting a robust overall housing market.
In summary, ZIP 53557 is poised as a market where demand is likely to continue outpacing supply, driven by both renters and buyers. For landlords and investors, this means an opportunity to capitalize on rising rents and a steady demand for rental properties. The high renter share underscores the importance of rental properties in the area, making it a viable investment choice for those looking to enter or expand in the real estate sector.
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.