Location: Price County, WI | Metro: Price County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $810 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,080 |
| 3 Bedrooms | $1,330 |
| 4 Bedrooms | $1,420 |
| 5 Bedrooms | $1,647 |
| 6 Bedrooms | $1,845 |
| 7 Bedrooms | $1,993 |
| 8 Bedrooms | $2,093 |
U.S. Census Bureau data (2024)
The ZIP code 54537 stands out due to its relatively low population of 601 residents, where only 12.1% are renters. This indicates a predominantly owner-occupied area, which contrasts sharply with higher renter percentages seen in many other ZIP codes. The median income in ZIP 54537 is $59,464, suggesting a middle-class community. However, the lack of data on median home values means we cannot fully assess the housing dynamics.
Focusing on the Section 8 voucher economics, the Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $1,000. This figure is crucial for landlords and small-portfolio investors as it dictates the maximum rental assistance payment that can be provided to tenants through the voucher program. Despite this, the absence of current market rent data for ZIP 54537 leaves a gap in understanding how competitive these FMR rates are against actual rental prices in the area.
The data signature for ZIP 54537 leans towards being stable. With a defined median income and established FMR, landlords can rely on predictable financial parameters when considering Section 8 tenants. However, the lack of market rent data introduces an element of uncertainty, making it slightly transitional in terms of complete economic clarity. To make informed decisions, landlords should actively monitor local rental trends and engage with housing authorities to understand any potential adjustments in FMR rates.
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.