Location: Jackson County, WI | Metro: Jackson County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $1,250 |
| 4 Bedrooms | $1,500 |
| 5 Bedrooms | $1,740 |
| 6 Bedrooms | $1,949 |
| 7 Bedrooms | $2,105 |
| 8 Bedrooms | $2,210 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 54611 within the Jackson County, WI metro area reveals several key points regarding the viability of voucher tenants. The HUD Fair Market Rent (FMR) for the metro scope in fiscal year 2026 is set at $1,070. In comparison, the market rent based on Census ACS data stands at $738, indicating a significant gap between the two figures.
Voucher tenants in ZIP 54611 will cashflow at the HUD FMR rate, with landlords receiving an average of $1,070 per month. This amount exceeds the current market rent by $332 per month, which is a substantial buffer. Therefore, voucher tenants cashflow comfortably at the FMR rate without requiring premium units. Landlords can expect to generate positive cashflow even when renting to tenants with vouchers.
The median home value in ZIP 54611 is $214,036. Using the HUD FMR of $1,070, we can calculate the rent-to-price ratio, which comes out to approximately 0.6%. This ratio suggests that rental income is relatively low compared to the cost of homeownership, potentially making it more attractive for investors to focus on rental properties rather than purchasing homes for appreciation.
Note that the data does not provide specific days of median Days on Market (DOM) or the percentage of price-cut shares, which would typically be relevant for assessing rent-versus-buy dynamics. However, given the discrepancy between the HUD FMR and the actual market rent, these metrics are less critical for the primary investment decision of whether to accept voucher tenants.
The strongest investor angle in ZIP 54611 is cashflow. Given the positive difference between the HUD FMR and the current market rent, investors can expect steady and reliable cashflow from Section 8 tenants, making this area particularly attractive for those focused on generating rental income.
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.