Location: Marinette County, WI | Metro: Marinette County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $740 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,590 |
| 5 Bedrooms | $1,844 |
| 6 Bedrooms | $2,065 |
| 7 Bedrooms | $2,230 |
| 8 Bedrooms | $2,342 |
U.S. Census Bureau data (2024)
The economics of Section 8 housing in ZIP code 54156 are straightforward. The SAFMR (Standard Amount for Moderate Rehabilitation) for a two-bedroom apartment in this ZIP code for fiscal year 2026 is set at $1,010. This figure represents the maximum amount that the housing authority will pay on behalf of a tenant with a Section 8 voucher. However, it's important to note that the local market rent for a similar unit is significantly lower at $794, based on Census ACS data.
A landlord should understand that the actual reimbursement received from a Section 8 voucher is calculated by taking into account both the tenant's contribution and any utility allowances. Typically, the tenant is required to pay 30% of their adjusted income towards rent. If we assume an average adjusted income of $1,800 per month, the tenant would contribute approximately $540 towards rent. Utility allowances vary but generally add around $200 to the total reimbursement.
This means the landlord would receive a combined payment of about $740 ($540 from the tenant plus $200 for utilities) if the housing authority adheres strictly to the market rent of $794. However, since the SAFMR is higher at $1,010, the landlord might expect the housing authority to cover the difference between the tenant's contribution and the SAFMR, leading to a reimbursement closer to the set rate of $1,010.
In practice, landlords often find themselves with a reimbursement gap when the SAFMR is less than the market rent they seek. In ZIP 54156, however, the SAFMR exceeds the local market rent, meaning landlords could see a surplus if they accept the market rate of $794. The surplus would be approximately $216 per month ($1,010 - $794).
To summarize, landlords in ZIP 54156 who accept Section 8 vouchers for two-bedroom units can expect a reimbursement that typically covers the local market rent and leaves them with a surplus. This economic situation is favorable compared to areas where the SAFMR is below the local market rent.
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.