Location: Lafayette County, WI | Metro: Lafayette County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $800 |
| 1 Bedroom | $920 |
| 2 Bedrooms | $1,110 |
| 3 Bedrooms | $1,480 |
| 4 Bedrooms | $1,710 |
| 5 Bedrooms | $1,984 |
| 6 Bedrooms | $2,222 |
| 7 Bedrooms | $2,400 |
| 8 Bedrooms | $2,520 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 53803, located in Lafayette County, WI metro, reveals several key points that can guide investment decisions. The HUD Fair Market Rent (FMR) for the area is set at $1,060 for fiscal year 2026, which is higher than the average market rent of $874 as reported by the Census Bureau's American Community Survey (ACS).
This difference means that voucher tenants will generally cashflow at the FMR rate. Landlords and small-portfolio investors can expect a positive cashflow scenario when renting to voucher holders, given the disparity between the HUD FMR and the actual market rent. This is particularly beneficial as it ensures a steady income stream that exceeds the typical rental rates.
To further analyze the investment potential, consider the median home value in the area, which stands at $190,523. By comparing this figure with the HUD FMR, we can calculate a rent-to-price ratio. For a property valued at $190,523, the monthly rent based on the HUD FMR would be approximately 0.56% of the property value, indicating a favorable rent-to-price ratio for investors looking to maximize returns.
Note that the data does not provide information on the median days on market (DOM) or the percentage of price cuts shared. However, these metrics are less critical in this context since the primary focus is on the cashflow potential from Section 8 vouchers rather than the broader rent-versus-buy dynamics.
The strongest angle for investors in ZIP code 53803 is cashflow. Given the higher HUD FMR compared to the local market rent, landlords can secure a reliable and consistent income source by accepting Section 8 vouchers. This makes the area an attractive option for those prioritizing financial stability and predictable returns over speculative growth or appreciation.
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.