Section 8 Fair Market Rent (FMR) for ZIP 53935 - 2027

Location: Columbia County, WI | Metro: Columbia County, WI HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$750
1 Bedroom	$820
2 Bedrooms	$1,080
3 Bedrooms	$1,490
4 Bedrooms	$1,620
5 Bedrooms	$1,879
6 Bedrooms	$2,104
7 Bedrooms	$2,272
8 Bedrooms	$2,386

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

297

Median Household Income

$86,250

Housing Units

132

Renter Percentage

17.6%

Occupancy Rate

90.2%

Renter Occupied

The town located in ZIP code 53935 is nestled in a quiet suburban setting, offering residents a peaceful environment with easy access to urban amenities. This area is particularly attractive to those seeking a balance between tranquility and convenience, making it a prime location for investment opportunities in rental properties.

The Fair Market Rent (FMR) for a two-bedroom apartment in ZIP 53935 for fiscal year 2024 is set at $1080, indicating a solid baseline for rental pricing.
Average market rent, according to Census ACS data, stands at $742 for a similar unit, suggesting there's room for landlords to increase rents closer to the FMR without deterring tenants.
The median income in the area is $86,250, which provides a strong financial foundation for potential renters, ensuring they can afford higher rents.
Renters make up 17.6% of the population, a figure that points to a modest but stable demand for rental housing.
The median home value is not available, which might indicate a focus on rental properties over homeownership in this area.
The Days on Market (DOM) data is also not available, possibly due to limited sales activity, which could imply that rental properties are more prevalent and thus more profitable.

Investors looking to enter the rental market in ZIP 53935 will find a balanced opportunity where the Fair Market Rent exceeds current average market rates, supported by a robust median income level. The relatively low median home value and lack of DOM data suggest a landscape dominated by rentals, making it a favorable environment for landlords and small-portfolio investors. With a steady renter share, the potential for consistent cash flow is high, provided that the rental units meet the quality standards expected by tenants willing to pay closer to the FMR.

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.