Location: Price County, WI | Metro: Price County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $900 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,190 |
| 3 Bedrooms | $1,430 |
| 4 Bedrooms | $1,560 |
| 5 Bedrooms | $1,810 |
| 6 Bedrooms | $2,027 |
| 7 Bedrooms | $2,189 |
| 8 Bedrooms | $2,298 |
U.S. Census Bureau data (2024)
10.1% of the residents in ZIP code 54515 are renters, indicating a modest demand for rental properties. However, the $1,040 Fair Market Rent (FMR) for the metro area in fiscal year 2026 shows that the government's benchmark for rental assistance is set at a reasonable level. The $1,138 market rent, as reported by the Census American Community Survey, suggests that rental properties can command slightly above the FMR, providing landlords with a competitive edge. Despite the lack of specific data on median home values, the $60,250 median income in the area points to a stable economic base that supports rental activity. Unfortunately, the absence of days on market (DOM) and percentage of price-cut shares makes it challenging to assess the current state of the housing market in terms of property turnover and pricing strategies. Nevertheless, the alignment between the FMR and market rent indicates a healthy balance for landlords participating in the Section 8 program. The verdict for Section 8 participation in ZIP code 54515 is positive, given the supportive rent levels and economic conditions.
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.