Section 8 Fair Market Rent (FMR) for ZIP 54416 - 2027

Location: Shawano County, WI | Metro: Shawano County, WI

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$740
1 Bedroom	$840
2 Bedrooms	$1,010
3 Bedrooms	$1,340
4 Bedrooms	$1,340
5 Bedrooms	$1,554
6 Bedrooms	$1,740
7 Bedrooms	$1,879
8 Bedrooms	$1,973

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,682

Median Household Income

$60,859

Housing Units

874

Renter Percentage

15.6%

Occupancy Rate

81.4%

Renter Occupied

111

The ZIP code 54416, located in Wisconsin, offers a unique blend of rural charm and accessibility to urban amenities, making it an attractive location for both residents and investors. The area benefits from a stable economy and a growing interest in affordable housing options.

The Fair Market Rent (FMR) for ZIP 54416 in the fiscal year 2026 is set at $970, indicating the government's benchmark for rental affordability in the region.
The actual market rent, as per the latest Census ACS data, stands at $517, significantly below the FMR, suggesting a potential opportunity for rental price increases.
The median home value in the area is $256,738, providing a solid foundation for property investments with room for appreciation.
Renters make up 15.6% of the local housing market, a figure that highlights the importance of rental properties in the area but also points to a smaller pool of potential tenants compared to owner-occupied homes.
The median income for residents is $60,859, which is crucial for understanding the financial capacity of potential renters and homeowners.

Synthesizing these points, ZIP 54416 presents a balanced investment opportunity for landlords and small-portfolio investors. The gap between the actual market rent and the FMR suggests a favorable environment for increasing rental rates, potentially improving cash flow. With a median home value of $256,738 and a median income of $60,859, the area supports a reasonable economic base for sustaining rental demand. However, the relatively low renter share indicates a need for strategic targeting of the available tenant pool. Overall, the combination of stable economic indicators and the potential for rental rate adjustments makes ZIP 54416 a viable option for those looking to invest in real estate with a focus on Section 8 housing opportunities.

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.