Section 8 Fair Market Rent (FMR) for ZIP 54415 - 2027

FY 2027 Fair Market Rent Rates

The area covered by ZIP code 54415, located in Wisconsin, is characterized by its stable housing market and significant presence of federally-assisted rental units. This analysis will provide key insights for landlords and small-portfolio investors looking to understand the dynamics of this market.

• The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $970. This figure represents the average rent level for a standard-quality rental unit and is used to determine payment standards for housing assistance programs such as Section 8.
• The market rent for ZIP 54415 is currently not available (N/A). This lack of data makes it challenging to directly compare the FMR with what the market is offering, but it does suggest that there might be limited private rental listings or a high proportion of subsidized housing.
• The median home value for ZIP 54415 is also not available (N/A). Without this information, it's difficult to gauge how rental properties might perform relative to homeownership in the area.
• The percentage of the population that rents their homes is not available (N/A). This metric would typically give insight into the demand for rental properties, but its absence means we must rely on other indicators to assess the rental market's health.
• The Days on Market (DOM) for rental properties in ZIP 54415 is not available (N/A). This statistic measures the time it takes for a rental listing to be filled, and its absence could indicate a steady flow of tenants or a lack of comprehensive rental market data.
• The median household income for ZIP 54415 is not available (N/A). Understanding the income levels of residents is crucial for predicting the affordability of rental units and the potential for rental growth.

In summary, while ZIP 54415 offers a stable environment for federally-assisted rental units, the lack of detailed market data such as market rent, median home value, and demographic metrics limits the ability to fully assess investment opportunities. Landlords and investors should focus on the Fair Market Rent as a baseline for pricing and consider the potential for long-term stability over rapid appreciation. Engaging with local real estate agents or government housing authorities may provide additional insights into the specific needs and trends of the area.

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.