Location: Marinette County, WI | Metro: Oconto County, 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 | $710 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,210 |
| 4 Bedrooms | $1,530 |
| 5 Bedrooms | $1,775 |
| 6 Bedrooms | $1,988 |
| 7 Bedrooms | $2,147 |
| 8 Bedrooms | $2,254 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,210 | $245,506 | 0.49% | F |
U.S. Census Bureau data (2024)
The economics of Section 8 in ZIP code 54157 are defined by the SAFMR (Small Area Fair Market Rent) for a two-bedroom apartment, which is set at $910 per month for fiscal year 2024. This SAFMR figure is specific to this ZIP code and does not apply uniformly across the broader county or metropolitan area. Local market rents, as reported by the Census ACS, average around $830 for a similar unit. To understand the actual payment a landlord receives when a tenant uses a Section 8 voucher, it's crucial to factor in both the tenant's portion of the rent and any utility allowances.
A Section 8 voucher covers the difference between the tenant's contribution and the SAFMR. Typically, tenants pay approximately 30% of their adjusted income towards rent. For example, if a tenant's monthly adjusted income is $1,500, they would contribute $450 towards rent ($1,500 x 0.30). The voucher would then cover the remaining balance up to the SAFMR of $910. In this case, the voucher would reimburse the landlord $460 ($910 - $450).
In addition to the base rent, utility allowances can also be part of the reimbursement. These vary based on the number of bedrooms and other factors but generally add an extra $100-$200 to the total reimbursement. If we assume a utility allowance of $150, the total reimbursement for a two-bedroom apartment in ZIP 54157 would be $610 ($460 + $150).
This means that landlords in ZIP 54157 who participate in the Section 8 program can expect a reimbursement of about $610 per month for a two-bedroom unit. Given that the local market rent is $830, landlords participating in Section 8 will see a shortfall of approximately $220 per month for such units. This gap must be considered when deciding whether to accept Section 8 tenants, as it represents a lower net income compared to renting at market rates without a voucher.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.