Location: Shawano County, WI | Metro: Oconto County, WI HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $830 |
| 1 Bedroom | $900 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,460 |
| 4 Bedrooms | $1,480 |
| 5 Bedrooms | $1,717 |
| 6 Bedrooms | $1,923 |
| 7 Bedrooms | $2,077 |
| 8 Bedrooms | $2,181 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 54137, located in Shawano County, WI, reveals a clear opportunity for positive cash flow. The HUD Fair Market Rent (FMR) for FY 2024 is set at $960, which significantly exceeds the current market rent of $645 as reported by the Census ACS. This difference means that voucher tenants will cashflow at FMR, providing a reliable and consistent income stream for landlords.
To further understand the investment potential, consider the median home value of $349,630. Using the HUD FMR of $960, we can calculate a rent-to-price ratio of approximately 0.000275, or 275 per $1,000 of home value. This indicates that the rental market in ZIP 54137 is relatively strong compared to home values, making it an attractive area for rental properties.
The dynamics between renting and buying do not significantly impact the decision-making process due to the lack of available data on median Days on Market (DOM) and the percentage of price cuts. However, the existing disparity between the HUD FMR and the market rent suggests that landlords can expect steady cash flow without the need for premium units.
In conclusion, the strongest investor angle in ZIP 54137 is cashflow, given the substantial gap between the HUD FMR and the actual market rent. This makes the area particularly appealing for those seeking stable rental income through Section 8 participation.
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.