Location: Marinette County, WI | Metro: Marinette County, WI
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 | $780 |
| 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: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,210 | $291,992 | 0.41% | F |
U.S. Census Bureau data (2024)
The economics of Section 8 in ZIP code 54177 are straightforward. The SAFMR (Small Area Fair Market Rent) for a two-bedroom apartment is set at $970 per month for fiscal year 2026. This figure represents the maximum amount that the housing authority will pay for a two-bedroom unit in this specific ZIP code. However, it's important to understand that this does not necessarily reflect the local market conditions.
The local market rent, according to the Census ACS data, averages at $746 per month for a similar two-bedroom unit. This indicates that the SAFMR is higher than the average market rent, which can be beneficial for landlords who participate in the program.
A Section 8 voucher works by covering most of the rent on behalf of the tenant. Specifically, the voucher pays the difference between the SAFMR and the tenant's portion of the rent, which is typically 30% of their income. Additionally, there are utility allowances that vary but generally cover a significant part of the tenant's monthly utilities.
To illustrate, let's assume a tenant's portion of the rent is $200, and the utility allowance is $100. The total reimbursement to the landlord would be:
This sums up to $870 per month paid to the landlord. Given that the local market rent is $746, this represents a surplus for the landlord. In this case, the landlord would receive approximately $124 more than the local market rate.
It's crucial to note that the SAFMR applies specifically to this ZIP code, meaning that landlords in ZIP 54177 can expect to receive the same reimbursement rate for a two-bedroom unit regardless of the actual market conditions. This makes the Section 8 program attractive for landlords who want to ensure a steady and slightly above-market rental income.
In summary, participating in the Section 8 program in ZIP 54177 provides a financial advantage over the local market rent. Landlords can expect a surplus of around $124 per month for a two-bedroom unit when all factors are considered.
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.