Location: Crawford County, WI | Metro: Vernon County, WI HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $1,310 |
| 4 Bedrooms | $1,530 |
| 5 Bedrooms | $1,775 |
| 6 Bedrooms | $1,988 |
| 7 Bedrooms | $2,147 |
| 8 Bedrooms | $2,254 |
U.S. Census Bureau data (2024)
The ZIP code 54652, with a population of 947, is primarily a renter-heavy area. The percentage of renters stands at 20.0%, indicating a significant portion of the population relies on rental housing. This makes it a viable location for Section 8 tenants, who often require affordable housing options.
The median household income in this area is $57,500. Considering the market rent of $710, this means that the average rent consumes approximately 14.8% of the median household income. This figure is calculated by taking the annual rent ($710 * 12 months) and dividing it by the median income ($57,500), then multiplying by 100 to get the percentage. This is relatively manageable compared to the Federal Market Rent (FMR) of $980, which would consume about 21.2% of the median income. The lower market rent suggests a higher likelihood of deep voucher demand, as it aligns well with the financial capabilities of low-income households.
The comparison between the market rent and the FMR highlights that the rents in ZIP 54652 are below the federally determined fair market rate. This indicates that landlords in this area can potentially attract more tenants using Section 8 vouchers without exceeding the maximum allowable rent set by the government.
A landlord in ZIP 54652 should expect a tenant profile that includes individuals and families who rely on Section 8 vouchers for their housing needs. These tenants will likely be low-income residents who benefit from the subsidized rent. Landlords must ensure they comply with all regulations associated with accepting Section 8 tenants, including maintaining property standards and managing the administrative aspects of the 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.