Location: Shawano County, WI | Metro: Wausau, WI MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,360 |
| 4 Bedrooms | $1,370 |
| 5 Bedrooms | $1,589 |
| 6 Bedrooms | $1,780 |
| 7 Bedrooms | $1,922 |
| 8 Bedrooms | $2,018 |
U.S. Census Bureau data (2024)
The ZIP code 54414 in Shawano County, WI, is well-suited for inclusion in a Section 8 portfolio strategy. This area can be considered a cash-flow anchor. The Federal Market Rent (FMR) for ZIP 54414 in fiscal year 2024 is set at $910, while the market rent is lower at $686. This indicates that properties in this ZIP code can be rented out at a rate higher than the market average, ensuring positive cash flow. Additionally, the median home value in ZIP 54414 is $267,948, which is lower compared to the state and national averages. This makes it easier for landlords to purchase properties at reasonable prices, further enhancing the cash flow potential.
The median household income in ZIP 54414 is $72,500, slightly above the local micro area average but still lower than the state and national levels. With a renter share of 14.4%, there is a steady demand for rental properties, making ZIP 54414 a reliable choice for landlords seeking stable returns. The combination of favorable FMR rates and a lower median home value means that landlords can expect a consistent spread between the FMR and market rent, securing a dependable cash flow from their investments.
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.