Location: Green Lake County, WI | Metro: Columbia County, WI HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| 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 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,490 | $302,854 | 0.49% | F |
| 4BR | $1,620 | $304,977 | 0.53% | F |
U.S. Census Bureau data (2024)
The ZIP code 53956 stands out within its county due to several key metrics. With a population of 3,477 residents, it has a rental rate of 18.1%, indicating a modest but significant portion of tenants. The median income for the area is $84,231, which is relatively high compared to national averages, suggesting that the residents have good earning potential. Additionally, the median home value is $292,888, reflecting a stable housing market.
Turning to the specifics of Section 8 vouchers, the Fair Market Rent (FMR) for ZIP 53956 in fiscal year 2024 is set at $930. This figure is notably higher than the market rent average reported by the Census ACS, which is $819. Landlords can expect a premium when participating in the Section 8 program, as the voucher amount exceeds the typical market rate by $111 per month. This discrepancy could be attributed to the local government's efforts to ensure affordable housing options are available despite the higher cost of living in the area.
The data signature for ZIP 53956 reads as "stable." The high median income and median home value indicate a strong economic foundation. Although the rental rate is not exceptionally high, the combination of factors suggests that the housing market is unlikely to experience significant fluctuations. For landlords and small-portfolio investors, this stability means a predictable environment for managing properties and can provide a reliable source of income through Section 8 participation.
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.