Location: Sauk County, WI | Metro: Vernon County, WI HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $780 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,400 |
| 5 Bedrooms | $1,624 |
| 6 Bedrooms | $1,819 |
| 7 Bedrooms | $1,965 |
| 8 Bedrooms | $2,063 |
U.S. Census Bureau data (2024)
The ZIP code 53968 is situated in a tranquil suburban setting, primarily known for its residential neighborhoods. With a total population of 2,429, it is a community where the majority of residents own their homes, as only 14.5% are renters. The median household income stands at $74,479, indicating a middle-class area that is financially stable. The median home value in this ZIP is $237,153, reflecting a modest yet comfortable living environment.
Moving into the realm of rental economics, the Fair Market Rent (FMR) for ZIP 53968 is set at $1,050 for the fiscal year 2026. This figure, established by HUD, serves as a benchmark for housing affordability and is used to determine payment standards for Section 8 vouchers. In contrast, the actual market rent, according to Census ACS data, is significantly lower at $764 per month. This discrepancy suggests a potential opportunity for landlords who can offer properties at the FMR level, as they would be well-positioned to attract tenants using Section 8 vouchers.
Considering the investment landscape, ZIP 53968 presents an interesting scenario for both hands-off voucher operators and hands-on value-add buyers. For those seeking a passive income stream, the gap between FMR and market rent offers a margin that can support a hands-off approach while still ensuring profitability. On the other hand, for investors looking to actively manage and improve their properties, there is room to increase rents closer to the FMR without straining tenant budgets, given the relatively high median income in the area.
In conclusion, ZIP 53968 is a suitable location for Section 8 investments, offering a blend of stability and potential growth. Whether an investor chooses a hands-off strategy or plans to take a more active role in property management, the economic conditions present a favorable environment for rental operations.
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.