Location: Marquette County, WI | Metro: Adams County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $960 |
| 1 Bedroom | $1,020 |
| 2 Bedrooms | $1,230 |
| 3 Bedrooms | $1,560 |
| 4 Bedrooms | $1,650 |
| 5 Bedrooms | $1,914 |
| 6 Bedrooms | $2,144 |
| 7 Bedrooms | $2,316 |
| 8 Bedrooms | $2,432 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 53920, located in Marquette County, WI metro, reveals several key points. The Fair Market Rent (FMR) set by HUD for the metro area in fiscal year 2026 is $1,170, while the market rent, based on Census ACS data, stands at $975. This indicates that voucher tenants will generally cashflow at FMR levels, providing a positive financial outlook for landlords.
To further understand the investment potential, consider the median home value in the area, which is $262,065. Using this figure, we can calculate the rent-to-price ratio, which comes out to approximately 0.45%. This low ratio suggests that rental properties are relatively undervalued compared to the overall housing market, making them an attractive option for investors looking to maximize their returns.
In terms of the rental versus buying dynamics, the data shows that the average days on market (DOM) and the percentage of homes requiring price cuts are not available for this specific ZIP code. However, given the strong cashflow potential and the undervaluation of rental properties relative to home values, it's evident that rental investments offer significant advantages over purchasing properties for owner-occupancy.
The strongest investor angle in ZIP code 53920 is cashflow. With the FMR exceeding the market rent and the low rent-to-price ratio, investors can expect consistent and reliable income from Section 8 voucher tenants, making this a solid choice for those prioritizing steady returns over speculative gains in appreciation or market stability.
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.