Location: Marinette County, WI | Metro: Marinette County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $720 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,240 |
| 4 Bedrooms | $1,520 |
| 5 Bedrooms | $1,763 |
| 6 Bedrooms | $1,975 |
| 7 Bedrooms | $2,133 |
| 8 Bedrooms | $2,240 |
U.S. Census Bureau data (2024)
970 is the Fair Market Rent (FMR) for ZIP code 54159 as of metro FY 2026, indicating the maximum amount Section 8 vouchers can cover for rental units in this area. 1,125 is the market rent based on Census ACS data, which is notably higher than the FMR, suggesting a potential gap between what vouchers can pay and the actual rental rates. 261,612 represents the median home value in this ZIP code, reflecting a stable housing market where property values have remained consistent over recent years. 1.8% is the renter share of the population, which is relatively low compared to urban areas, implying that many residents prefer homeownership over renting. 69,375 is the median income figure for the area, providing insight into the economic status of local residents and their ability to afford housing costs. The N/A figures for days on market (DOM) and price-cut share indicate a lack of available data on how quickly properties are selling and at what discount rate, respectively. This could be due to limited transactions or a strong seller's market where homes sell without significant price adjustments. Given these figures, landlords and small-portfolio investors should consider the potential financial impact of relying solely on Section 8 vouchers, as the difference between FMR and market rents could affect profitability. However, the low renter share and strong median home value suggest that the overall demand for rental properties might be lower, making it essential to understand the local market dynamics thoroughly before investing. In conclusion, while Section 8 tenants can provide a steady income stream, the discrepancy between FMR and market rents means that landlords must carefully evaluate their investment strategy. Section 8 verdict: Viable but requires careful consideration of market rents.
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.