Section 8 Fair Market Rent (FMR) for ZIP 54460 - 2027

Location: Taylor County, WI | Metro: Clark County, WI

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$820
1 Bedroom	$830
2 Bedrooms	$1,030
3 Bedrooms	$1,310
4 Bedrooms	$1,470
5 Bedrooms	$1,705
6 Bedrooms	$1,910
7 Bedrooms	$2,063
8 Bedrooms	$2,166

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

2,620

Median Household Income

$65,583

Housing Units

1,005

Renter Percentage

17.1%

Occupancy Rate

93.2%

Renter Occupied

160

The ZIP code 54460 is located in a suburban setting within the state of Wisconsin. It offers a blend of rural charm and urban convenience, making it an attractive location for both residents and investors. The area has seen steady growth in recent years, driven by a mix of economic stability and a comfortable living environment.

Fair Market Rent (FMR): As of fiscal year 2026, the FMR for ZIP 54460 is set at $1,010 for a two-bedroom apartment, indicating a robust rental market that supports Section 8 housing.
Market Rent: According to the Census American Community Survey, the average market rent in ZIP 54460 is $732, suggesting that properties priced at the FMR level could attract a higher tenant pool, potentially leading to increased demand and occupancy rates.
Median Home Value: The median home value stands at $188,443, which is relatively affordable for investors looking to acquire rental properties without overextending their capital.
Renter Share: With a 17.1% share of renters, there's a moderate but stable demand for rental units, ensuring a consistent stream of potential tenants.
Median Income: The median household income in ZIP 54460 is $65,583, providing evidence of a middle-class community capable of supporting rental prices at or slightly above the market average.

In summary, ZIP 54460 presents a balanced opportunity for real estate investment. The discrepancy between the Fair Market Rent and the market rent indicates potential for price appreciation, while the median home value suggests affordability for investors. The presence of a middle-class demographic ensures a steady demand for rental properties, making it a promising area for landlords and small-portfolio investors to consider.

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.