Location: La Crosse-Onalaska, WI | Metro: La Crosse-Onalaska, WI-MN HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,080 |
| 1 Bedroom | $1,180 |
| 2 Bedrooms | $1,550 |
| 3 Bedrooms | $1,990 |
| 4 Bedrooms | $2,500 |
| 5 Bedrooms | $2,900 |
| 6 Bedrooms | $3,248 |
| 7 Bedrooms | $3,508 |
| 8 Bedrooms | $3,683 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,990 | $358,339 | 0.56% | F |
| 4BR | $2,500 | $425,545 | 0.59% | F |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 54669 within the La Crosse-Onalaska, WI-MN HUD Metro FMR Area highlights several key points. The HUD Fair Market Rent (FMR) for the area is set at $1210 for the fiscal year 2024. In comparison, the market rent as per Census ACS data stands at $1267, indicating that voucher tenants would cashflow marginally at the FMR rate.
To derive the rent-to-price ratio, we use the median home value of $372,877. This yields a ratio of approximately 0.33%, suggesting that rental income is relatively low compared to property values. However, this ratio does not directly impact the decision between renting and buying, as the median Days on Market (DOM) and the percentage of price cuts are not available for this area.
The primary focus for Section 8 investors should be on cashflow, given the marginal difference between the HUD FMR and the actual market rent. While appreciation and stability are also important factors, the ability to maintain positive cashflow with minimal adjustments to unit quality is the strongest angle for investors in ZIP 54669.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.