Location: Door County, WI | Metro: Door County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $920 |
| 1 Bedroom | $970 |
| 2 Bedrooms | $1,270 |
| 3 Bedrooms | $1,510 |
| 4 Bedrooms | $1,670 |
| 5 Bedrooms | $1,937 |
| 6 Bedrooms | $2,169 |
| 7 Bedrooms | $2,343 |
| 8 Bedrooms | $2,460 |
The ZIP code 54226 in Unknown, WI, presents an intriguing opportunity for landlords and small-portfolio investors interested in Section 8 tenants. However, due to the lack of specific data on population size, percentage of renters, and median household income, it's challenging to provide a detailed analysis. Despite these limitations, we can still draw some conclusions based on the available information.
The Fair Market Rent (FMR) for the metro area, as of fiscal year 2026, is set at $1,140. This figure serves as a benchmark for understanding the rental market dynamics in the area. While the exact percentage of renters in ZIP 54226 is unknown, the presence of a voucher amount suggests that there is a significant demand for affordable housing options. Landlords should be aware that tenants utilizing Section 8 vouchers will have their rent capped at this FMR level.
In the absence of specific local rent figures, we can infer that typical market rents in ZIP 54226 likely hover around the FMR mark, given that FMR is designed to reflect the average market rent for a standard unit. This implies that landlords should price their rentals competitively near the $1,140 threshold to attract voucher holders.
The kind of tenant profile expected in this ZIP code would predominantly consist of individuals or families who qualify for Section 8 assistance. These tenants typically have a monthly income that does not exceed 50% of the area median income (AMI), making them reliant on government subsidies to cover a substantial portion of their rent. Therefore, landlords should prepare to work with tenants who have a strict budget and rely heavily on their vouchers to secure housing.
To summarize, ZIP 54226 appears to be a market with significant potential for Section 8 tenants, though the exact share of renters versus homeowners remains unclear. The typical rent eats a considerable portion of local incomes, especially for those relying on vouchers. Landlords should expect tenants who are financially constrained but committed to fulfilling their rental obligations within the parameters set by the housing authority.
Data Sources: FMR data from HUD (2027).
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.