Location: Richland County, WI | Metro: Iowa County, WI HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,390 |
| 4 Bedrooms | $1,770 |
| 5 Bedrooms | $2,053 |
| 6 Bedrooms | $2,299 |
| 7 Bedrooms | $2,483 |
| 8 Bedrooms | $2,607 |
U.S. Census Bureau data (2024)
The market in ZIP code 53573 presents a dynamic scenario that reflects both the current state of housing and potential future trends. With a Fair Market Rent (FMR) of $910 for the fiscal year 2024, it's clear that the rental market is pricing higher than the average market rent of $773 as reported by the Census ACS. This discrepancy suggests that there is a strong demand for rental properties, which could be driven by various factors including affordability, employment opportunities, and lifestyle preferences.
The median home value of $225,292 indicates a relatively stable housing market, but without historical data, we cannot definitively state whether the market is appreciating or depreciating. However, the high FMR compared to the market rent might suggest that owning a home in this area is more financially advantageous than renting, given the disparity in costs.
A key indicator of the market's health is the 20.2% renter share, which tells us that a significant portion of the population in this ZIP code is租房而非购房。这表明该地区的长期住房压力可能较大，因为租户比例较高可能意味着许多居民由于经济原因无法购买房产。此外，较高的租金市场公平价格（FMR）与较低的市场价格之间的差距进一步证明了租赁需求强劲。 然而，由于缺乏关于降价份额和在市场上待售天数（DOM）的数据，我们无法准确判断供应是否超过了需求，或者相反。这些数据点通常有助于理解市场动态，例如卖家是否急于出售或买家是否在等待更好的交易。尽管如此，当前的租金和房价数据表明，53573邮政编码区域内的房地产市场正在发生变化，反映了供需关系的紧张以及居民对于租赁和购买住房的不同偏好。
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.