Location: Manitowoc County, WI | Metro: Manitowoc County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
U.S. Census Bureau data (2024)
The ZIP code 54207 presents a unique market dynamic that can be inferred from the available data points. The Fair Market Rent (FMR) for the area is set at $970 for fiscal year 2026, indicating a stable baseline for rental pricing established by HUD. While the specific market rent and days on market (DOM) figures are not available, the absence of these metrics suggests either limited data or a market that closely aligns with the FMR without significant fluctuations.
The lack of percentage for price-cut share also implies that landlords and property owners are maintaining their asking rents, which could mean the market is balanced or slightly favoring landlords. This stability is further supported by the median home value being listed as N/A, suggesting a smaller number of recent sales transactions that would typically influence market trends.
A noteworthy statistic is the 19.7% renter share in ZIP 54207. This figure is indicative of a community where nearly one-fifth of residents are renters. In the context of long-term housing pressures, this suggests a persistent need for rental properties, which can be beneficial for landlords and small-portfolio investors. A higher proportion of renters often correlates with an ongoing demand for rental units, ensuring a steady stream of potential tenants.
In a broader sense, the snapshot provided does not clearly indicate whether supply outpaces demand or vice versa. However, the relatively low renter share might imply that there is sufficient housing stock to meet the needs of current renters. If the market were experiencing high pressure due to insufficient supply, we would likely see a higher renter share and possibly more volatility in rental prices and DOM figures.
For landlords and small-portfolio investors, the ZIP 54207 represents a market with clear, albeit limited, indicators of stability. The FMR provides a reliable benchmark for rental pricing, while the renter share suggests a consistent demand for rental properties. These factors combined create an environment where rental investments can be expected to perform predictably, assuming the broader economic conditions remain stable.
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.