Section 8 Fair Market Rent (FMR) for ZIP 54556 - 2027

Location: Price County, WI | Metro: Price County, WI

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$770
1 Bedroom	$780
2 Bedrooms	$1,010
3 Bedrooms	$1,220
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

1,161

Median Household Income

$54,375

Housing Units

792

Renter Percentage

17.9%

Occupancy Rate

66.2%

Renter Occupied

The ZIP code 54556 is situated in a region known for its stable housing market, offering both rental and homeownership opportunities that are attractive to a variety of tenants and buyers. This area has been closely monitored for its potential in real estate investments, particularly for those interested in the Section 8 program.

The Fair Market Rent (FMR) for ZIP 54556 is set at $980 for fiscal year 2026, indicating the maximum amount that a voucher holder can pay towards their rent under the program.
The average market rent in the area, according to Census ACS data, stands at $838, which is below the FMR and suggests that landlords can potentially benefit from a higher rental rate when accepting Section 8 vouchers.
The median home value in ZIP 54556 is $169,219, making it a relatively affordable area for first-time homebuyers and investors looking to acquire properties at a lower cost.
Renters make up 17.9% of the population, showing a significant portion of the community relies on rental housing, which can be a positive sign for landlords seeking steady occupancy rates.
The median income of residents in this ZIP code is $54,375, which aligns with the income eligibility requirements for many Section 8 households, ensuring a consistent pool of potential tenants.

Investors should note that while the rental market is slightly below the FMR, there is room for growth, especially if they can offer well-maintained properties that appeal to voucher holders. The median home value indicates a good entry point for purchasing properties, and the percentage of renters suggests a demand for quality rental units. With a median income that matches the target demographic for Section 8, landlords can expect a reliable tenant base. Overall, ZIP 54556 presents a balanced opportunity for both rental and ownership investments, particularly within the framework of the Section 8 program.

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.