Section 8 Fair Market Rent (FMR) for ZIP 54670 - 2027

Location: Monroe County, WI | Metro: Monroe County, WI

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$710
1 Bedroom$810
2 Bedrooms$1,010
3 Bedrooms$1,360
4 Bedrooms$1,440
5 Bedrooms$1,670
6 Bedrooms$1,870
7 Bedrooms$2,020
8 Bedrooms$2,121

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
2,048
Median Household Income
$82,250
Housing Units
600
Renter Percentage
11.8%
Occupancy Rate
90.7%
Renter Occupied
64

ZIP 54670, located in Monroe County, WI metro, can be an effective component of a Section 8 portfolio strategy, specifically as a cash-flow anchor. The Federal Market Rent (FMR) for the area in fiscal year 2026 is set at $970, while the median market rent stands at $450. This significant spread of $520 between the FMR and the market rent provides a strong opportunity for landlords and small-portfolio investors to generate consistent positive cash flow.

The median home value in ZIP 54670 is $218,410. This figure is relatively stable and indicates that the area is not experiencing rapid appreciation, which aligns with the cash-flow anchor designation. Rapidly appreciating markets often require landlords to consider selling properties to capture equity gains, whereas ZIP 54670's steady home values support a long-term rental strategy.

A cash-flow anchor serves as a reliable source of income within a diversified investment portfolio. In ZIP 54670, the Section 8 voucher program guarantees a stable tenant base and rent payments, reducing the risk of vacancy and delinquency. Additionally, the guaranteed income stream from the government helps offset any potential maintenance costs or property management fees.

While the renter share at 11.8% and median income at $82,250 might suggest diversification opportunities, the primary focus should remain on leveraging the substantial spread between the FMR and market rent to secure a solid cash flow. This makes ZIP 54670 an ideal candidate for landlords seeking to balance their portfolios with properties that provide consistent returns.

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.