Location: Crawford County, WI | Metro: Crawford County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $930 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,210 |
| 4 Bedrooms | $1,350 |
| 5 Bedrooms | $1,566 |
| 6 Bedrooms | $1,754 |
| 7 Bedrooms | $1,894 |
| 8 Bedrooms | $1,989 |
U.S. Census Bureau data (2024)
The ZIP code 54645 is characterized by a significant rental market presence, with 34.1% of the population being renters. This indicates that it is indeed a renter-heavy area, likely to have a robust demand for housing vouchers under the Section 8 program. The median household income in this area stands at $50,833, which provides a critical baseline for understanding the financial capacity of potential tenants.
A typical market rent of $675 in ZIP 54645 consumes approximately 13.3% of the median household income. This percentage is calculated by dividing the monthly rent by the annual median income ($675 / $50,833 * 12 = 13.3%). This suggests that rent is relatively affordable for the majority of residents, even when considering other living expenses.
Comparatively, the Fair Market Rent (FMR) set at $970 for the fiscal year 2026 in the metropolitan area exceeds the market rent by a substantial margin. This means that landlords in ZIP 54645 who aim to attract Section 8 tenants might find themselves in a favorable position, as the vouchers could cover a higher portion of the rent compared to the local average.
The expected tenant profile for landlords in this ZIP code would be individuals or families whose total income falls below the median, relying on Section 8 vouchers to subsidize their housing costs. These tenants are likely to be cost-conscious, seeking affordable housing options that align with their financial capabilities. Given the lower market rent relative to the FMR, landlords can anticipate that Section 8 vouchers will provide sufficient coverage for most units, making the ZIP code an attractive location for those looking to participate in 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.