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 classification of ZIP code 53816 hinges on its financial metrics and the composition of its housing market. With a Fair Market Rent (FMR) of $970 for the fiscal year 2026, compared to a market rent of $843, the area shows potential for higher yields when considering rental properties over owner-occupied homes, which have an N/A value indicating insufficient data for analysis.
Moving onto stability, the ZIP code reveals a mixed picture. The percentage of renters stands at 21.2%, which is relatively low, suggesting a preference for homeownership. However, the lack of data on days on market (DOM) indicates that there might be fewer property turnovers, contributing to a stable rental environment. Additionally, the median household income of $71,250 provides a solid economic foundation for the area, supporting the ability of residents to sustain rent payments.
Evaluating these factors, ZIP 53816 leans towards being a steady-cashflow zone rather than a high-yield/low-stability market. The higher FMR compared to market rent suggests a reasonable yield potential. Yet, the low percentage of renters and the strong median income imply a stable tenant base with less volatility in rental demand. This stability is further reinforced by the absence of DOM data, which typically points to lower turnover rates and thus, more consistent cash flows.
In summary, for landlords and small-portfolio investors looking to enter ZIP 53816, the area offers a moderate yield opportunity with a strong underpinning of stability. Relying on the $970 FMR and the $71,250 median income, this market appears suitable for those prioritizing long-term, reliable returns over short-term, high-risk investments.
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.