Section 8 Fair Market Rent (FMR) for ZIP 54738 - 2027

Location: Trempealeau County, WI | Metro: Eau Claire, WI MSA

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$840
1 Bedroom	$870
2 Bedrooms	$1,070
3 Bedrooms	$1,430
4 Bedrooms	$1,430
5 Bedrooms	$1,659
6 Bedrooms	$1,858
7 Bedrooms	$2,007
8 Bedrooms	$2,107

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

3,784

Median Household Income

$95,179

Housing Units

1,387

Renter Percentage

27.2%

Occupancy Rate

94.6%

Renter Occupied

357

The ZIP code 54738, located in Wisconsin, offers a stable real estate market with a mix of homeowners and renters. This area is particularly interesting for landlords and small-portfolio investors due to its favorable financial metrics and the ongoing support from federal housing programs.

The Fair Market Rent (FMR) for ZIP 54738 for fiscal year 2024 is set at $910, providing a benchmark for rental pricing that ensures affordability while maintaining profitability.
The average market rent, according to the latest Census American Community Survey (ACS), stands at $957, slightly above the FMR, indicating a healthy demand for rental properties in the area.
The median home value in ZIP 54738 is $397,619, reflecting a moderate investment cost for potential property acquisitions.
Renters make up 27.2% of the population, showing a significant but not overwhelming reliance on rental housing, which can be a positive sign for long-term stability.
The median household income is $95,179, suggesting that residents have a strong financial base to support consistent rental payments and home purchases.

Synthesizing these points, investors in ZIP 54738 can expect a balanced market with solid rental income potential and a reasonable rate of property appreciation. The combination of a robust median income and a substantial renter share supports the viability of rental investments, while the FMR and market rent figures provide clear guidelines for pricing. For those looking to diversify their portfolios with both rental and owner-occupied properties, this area presents a promising opportunity with its established financial metrics and community foundation.

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.