Section 8 Fair Market Rent (FMR) for ZIP 53953 - 2027

Location: Marquette County, WI | Metro: Marquette County, WI

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$740
1 Bedroom$830
2 Bedrooms$1,020
3 Bedrooms$1,310
4 Bedrooms$1,390
5 Bedrooms$1,612
6 Bedrooms$1,805
7 Bedrooms$1,949
8 Bedrooms$2,046

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
213
Median Household Income
$46,250
Housing Units
128
Renter Percentage
10.4%
Occupancy Rate
82.8%
Renter Occupied
11

The classification of ZIP code 53953 on the axes of yield and stability reveals a unique market scenario. On the yield axis, the Fair Market Rent (FMR) for the area stands at $970 for the fiscal year 2026, indicating a rental market that is supported by government standards. However, the lack of available data on market rents and home values suggests a less competitive market environment where Section 8 properties might dominate.

Turning to stability, the figures paint a picture of a relatively stable but modestly populated rental sector. With only 10.4% of residents being renters, the demand for rental properties is limited, which can lead to fewer turnovers and potentially longer tenancies. The average income of $46,250 indicates a middle-class area, which supports the viability of Section 8 housing but also points towards a conservative spending pattern among residents.

Given these specifics, ZIP 53953 leans towards a steady-cashflow zone rather than a high-yield/low-stability flip-style market. The FMR of $970 ensures a predictable income stream, beneficial for landlords and small-portfolio investors looking for consistent returns. The low percentage of renters (10.4%) suggests that the market is not highly volatile, reducing the risk of frequent tenant changes and associated costs.

While the missing data on market rents and days on market (DOM) could indicate a less dynamic rental market, it also implies that there is less competition from non-subsidized rentals. This absence of competition can be advantageous for those relying on Section 8 vouchers, ensuring a steady stream of tenants who can afford the rent.

In summary, ZIP 53953 presents a stable investment opportunity with a focus on steady cash flow over high yield. The reliance on Section 8 subsidies, coupled with a modest rental population and middle-income levels, makes it an attractive option for investors seeking predictability and reliability in their returns.

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.