Section 8 Fair Market Rent (FMR) for ZIP 53941 - 2027

Location: Sauk County, WI | Metro: Juneau County, WI

Investment Score for ZIP 53941

N/A
Monthly Rent (2BR)
$1,030
Median Price (2BR)
$N/A
1% Rule
0%
Annual Yield
0%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$740
1 Bedroom$880
2 Bedrooms$1,030
3 Bedrooms$1,280
4 Bedrooms$1,390
5 Bedrooms$1,612
6 Bedrooms$1,805
7 Bedrooms$1,949
8 Bedrooms$2,046

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
3BR $1,280 $399,056 0.32% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
2,817
Median Household Income
$82,537
Housing Units
1,828
Renter Percentage
11.5%
Occupancy Rate
63.4%
Renter Occupied
133

The real estate landscape in ZIP code 53941 is poised for stability and slight growth over the next 12 to 24 months. The median home value currently stands at $346,795, reflecting a robust housing market that has maintained its strength. With only 0.1% of listings seeing reductions, it's clear that sellers have significant pricing power. This indicates a market where demand is steady, and homeowners are unlikely to lower their asking prices unless forced by prolonged unsold periods. The median days on market (DOM) being not applicable suggests that homes are selling quickly, often before reaching typical DOM metrics, which further supports the idea of strong buyer interest.

On the rental side, the Federal Market Rent (FMR) for the metro area is projected to be $990 for fiscal year 2026, while the current market rent is $794. This gap signals an upward trend in rental prices, driven by factors such as increased demand and limited supply. For landlords and small-portfolio investors, this dynamic presents an opportunity to adjust rents upwards gradually, aligning with the FMR over time without alienating tenants.

Long-term investors in ZIP 53941 can expect modest appreciation in property values. The combination of stable home values, minimal price reductions among listings, and quick sales points towards a market that will appreciate slowly but surely. The rental market dynamics also support this thesis, as higher rents can justify higher property values over time. However, the lack of significant DOM data and the small percentage of price reductions indicate that rapid appreciation is unlikely. Instead, the setup implies a steady, reliable market that rewards patience and strategic investment decisions.

To summarize, the current data on median home value, listing price reductions, and rental dynamics in ZIP 53941 suggest a market that will maintain its value and see gradual increases. Investors should focus on quality properties that can command both higher rents and potentially higher resale values, given the current trends.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.