Location: Door County, WI | Metro: Green Bay, 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 | $830 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,100 |
| 3 Bedrooms | $1,450 |
| 4 Bedrooms | $1,510 |
| 5 Bedrooms | $1,752 |
| 6 Bedrooms | $1,962 |
| 7 Bedrooms | $2,119 |
| 8 Bedrooms | $2,225 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,450 | $277,433 | 0.52% | F |
U.S. Census Bureau data (2024)
The ZIP code 54201 stands out with a population of 5,209 residents, where only 13.3% are renters. The median household income in this area is $67,542, indicating a relatively stable financial situation among the residents. However, the median home value is notably higher at $262,622, suggesting that homeownership is a significant part of the local economy.
When it comes to voucher economics, the Fair Market Rent (FMR) for ZIP 54201 in fiscal year 2024 is set at $960, which is above the current market rent of $835 according to the Census ACS data. This discrepancy means that landlords accepting Section 8 vouchers can potentially receive higher rental payments compared to the typical market rates, making it a financially viable option for properties in this ZIP code.
The data signature for ZIP 54201 reads as stable. With a higher median income and a significant gap between the FMR and market rent, landlords can expect consistent and reliable rental income from tenants using Section 8 vouchers. Additionally, the low percentage of renters suggests that the demand for rental housing is steady but not overwhelming, which could mean fewer vacancies and a more controlled rental market.
For small-portfolio investors considering Section 8 participation, ZIP 54201 presents an opportunity to secure a steady stream of income without the risk of fluctuating market rents. The economic stability and the favorable voucher rates make this ZIP code a good choice for those looking to diversify their investment portfolio with government-backed rental agreements.
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.