Location: Grant County, WI | Metro: Grant County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $780 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,700 |
| 5 Bedrooms | $1,972 |
| 6 Bedrooms | $2,209 |
| 7 Bedrooms | $2,386 |
| 8 Bedrooms | $2,505 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 53808, located in the Grant County, WI metro area, reveals a favorable environment for rental properties. The HUD Fair Market Rent (FMR) for the area is set at $970 per month for fiscal year 2026, which exceeds the market rent of $712 reported by the Census American Community Survey (ACS). This means that voucher tenants will generally cashflow positively at the HUD FMR rate.
To further illustrate the financial potential, consider the median home value in the area, which stands at $239,274. Using this figure, we can calculate a rent-to-price ratio of approximately 0.40%, indicating that rental income is relatively low compared to property values. However, this ratio is less critical when the focus is on cashflow from Section 8 vouchers, which are guaranteed by the government and typically cover the majority of a tenant's rent.
In terms of the broader real estate market, the lack of available data on median days on market (DOM) and the percentage of price cuts suggests that the primary consideration for investors should be the guaranteed income stream from voucher tenants rather than speculative trends in the housing market. The absence of significant fluctuations in DOM and price-cut percentages implies a stable market, which aligns well with the predictability offered by Section 8 rentals.
The strongest investor angle in ZIP 53808 is cashflow. Given the disparity between the HUD FMR and the market rent, landlords and small-portfolio investors can expect consistent positive cashflow from Section 8 voucher tenants without needing to seek out premium units. This makes the area particularly attractive for those looking to generate reliable rental income.
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.