Location: Manitowoc County, WI | Metro: Green Bay, 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 | $860 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,130 |
| 3 Bedrooms | $1,490 |
| 4 Bedrooms | $1,550 |
| 5 Bedrooms | $1,798 |
| 6 Bedrooms | $2,014 |
| 7 Bedrooms | $2,175 |
| 8 Bedrooms | $2,284 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,490 | $389,201 | 0.38% | F |
U.S. Census Bureau data (2024)
The real estate landscape in ZIP 54126 is poised for stability and potential growth, based on key metrics such as the median home value of $397,110. The absence of percentage data indicating a reduction in listing prices and the unspecified median days on market (DOM) suggest that the housing market in this area has maintained its equilibrium without significant fluctuations. This implies that sellers currently hold considerable pricing power, allowing them to maintain or potentially increase their asking prices.
On the rental side, the Fair Market Rent (FMR) for ZIP 54126 set at $1,050 for fiscal year 2024 contrasts with the current market average of $898 as per the Census Bureau's American Community Survey (ACS). This gap between the FMR and actual market rents signals an upward trend in rental prices, which could benefit landlords and small-portfolio investors looking to capitalize on the demand for affordable housing. As the FMR is often used as a benchmark for setting rent prices, particularly for government-assisted programs, it suggests that rental rates may rise closer to the FMR level, enhancing rental income.
For long-term investors, the setup in ZIP 54126 indicates a realistic appreciation thesis. The stable median home value combined with the positive rental dynamics suggests that property values are likely to remain steady or even appreciate modestly over the next 12 to 24 months. This is further supported by the consistent demand for housing in the area, which is reflected in the rental price gap. Investors should consider these factors when evaluating the potential for capital gains and rental income growth in their portfolios.
The median home value and rental dynamics in ZIP 54126 present a favorable environment for maintaining and possibly increasing investment returns. Landlords and small-portfolio investors can leverage this stability to ensure a reliable income stream and potentially higher property values in the future.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.