Location: Langlade County, WI | Metro: Forest County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $740 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,360 |
| 5 Bedrooms | $1,578 |
| 6 Bedrooms | $1,767 |
| 7 Bedrooms | $1,908 |
| 8 Bedrooms | $2,003 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 54465 in the fiscal year 2026 is set at $990. This figure represents the payment standard used by the U.S. Department of Housing and Urban Development (HUD) to determine the maximum amount of rent assistance that tenants in the Section 8 program can receive. It does not reflect the actual rent you will charge your tenants; rather, it is the ceiling for what HUD will pay on behalf of eligible renters.
In ZIP 54465, the local market rent is currently listed as N/A, which means there's no specific data available to compare against the FMR. However, using the FMR as a benchmark, you can set your rent at or slightly below $990 to ensure it remains competitive and attractive to potential Section 8 participants.
The FMR also gives insight into the demand for affordable housing in the area. With a typical renter share of 2.5%, this suggests that roughly 2.5% of the population in ZIP 54465 could be seeking Section 8 assistance. This indicates a modest but steady demand for affordable rentals.
If you're looking to acquire a property for your first Section 8 rental in this ZIP code, the median home value stands at $283,736. This figure should help guide your investment decisions, especially when evaluating the potential return on investment and the costs associated with maintaining a rental property.
A crucial step before finalizing any purchase is to verify that the property meets HUD’s Housing Quality Standards (HQS). These standards ensure that the rental unit is safe, decent, and sanitary for tenants. A failure to meet these standards could result in disqualification from the program, so it's essential to inspect the property thoroughly and address any issues prior to application.
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.