Location: Columbia County, WI | Metro: Columbia County, WI HUD Metro FMR Area
| 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 |
U.S. Census Bureau data (2024)
The ZIP code 53969 is situated in a rural area of Wisconsin, characterized by a small, close-knit community. With a total population of just 329 residents, it's evident that this is a sparsely populated region where the majority of the population owns their homes, given that only 24.6% of the residents are renters. The median household income in this area stands at $77,222, indicating a relatively affluent community. However, the lack of data on median home values suggests that there might be limited housing stock or diversity in property types.
Moving into the specifics of rental economics, the Fair Market Rent (FMR) for ZIP 53969 as of the fiscal year 2024 is set at $1,060. This figure represents the benchmark for rental costs under the Section 8 program. Unfortunately, the market rent data is not available, which makes it challenging to assess how the FMR compares to local market conditions. In the absence of this information, landlords and small-portfolio investors should be cautious about pricing their rentals too high, as they risk deterring potential tenants who are relying on the Section 8 voucher program.
Given the characteristics of ZIP 53969, it would likely appeal more to a hands-off voucher operator rather than a hands-on value-add buyer. The small number of renters and the limited population suggest a steady but modest demand for rental properties. Landlords can expect a stable tenant base with little competition, making it suitable for those seeking low-maintenance investments. However, for investors looking to actively manage properties and increase their value through improvements, this ZIP code might present fewer opportunities due to its rural nature and the potentially limited scope for enhancing property desirability beyond basic maintenance.
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.