Location: Marinette County, WI | Metro: Florence County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $810 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,130 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | $1,570 |
| 5 Bedrooms | $1,821 |
| 6 Bedrooms | $2,040 |
| 7 Bedrooms | $2,203 |
| 8 Bedrooms | $2,313 |
U.S. Census Bureau data (2024)
The rent math in ZIP code 54120 does not work favorably due to the lack of available market rent data. The Fair Market Rent (FMR) for the area, set at $1,080 for fiscal year 2026, cannot be directly compared against current market rents, which are currently unavailable. This makes it challenging to assess if rental income will cover expenses and generate profit.
Acquisition in ZIP 54120 is relatively affordable with a median home value of $203,963. However, without specific data on days on market (DOM) and the percentage of homes that require a price cut, it's difficult to provide a comprehensive analysis. These metrics would help determine how quickly properties can be sold and at what price point, crucial factors for small-portfolio investors.
Tenant demand is low in ZIP 54120. With a total population of 213, only 1.7% are renters. This indicates a limited pool of potential tenants, making it harder to find and retain long-term residents. Additionally, the small number of renters suggests that the majority of housing stock is owner-occupied, which could limit the opportunities for rental investment.
Overall, ZIP 54120 presents a challenging environment for rental investments. The unavailability of current market rent data complicates the assessment of rental income viability. While the median home value suggests affordability for acquisition, the low tenant demand and the absence of key real estate transaction metrics indicate that this area may not be ideal for generating consistent returns through Section 8 properties. Landlords and small-portfolio investors should consider these factors carefully before committing to investments in this ZIP code.
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.