Location: Rusk County, WI | Metro: Eau Claire, WI MSA
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 | $930 |
| 1 Bedroom | $940 |
| 2 Bedrooms | $1,170 |
| 3 Bedrooms | $1,560 |
| 4 Bedrooms | $1,580 |
| 5 Bedrooms | $1,833 |
| 6 Bedrooms | $2,053 |
| 7 Bedrooms | $2,217 |
| 8 Bedrooms | $2,328 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,560 | $425,175 | 0.37% | F |
U.S. Census Bureau data (2024)
The ZIP code 54745 stands out within its county due to several key characteristics. With a population of 2,282 residents, it has a rental rate of 13.7%, indicating a relatively low demand for rental properties compared to other areas. The median income in this ZIP is $67,891, which is above the national average, suggesting that the majority of residents have a comfortable financial standing. The median home value of $320,615 is also noteworthy, reflecting a higher property value compared to many similar ZIP codes.
Turning to the specifics of Section 8 voucher economics, the Fair Market Rent (FMR) for ZIP 54745 for fiscal year 2024 is set at $920. This figure is slightly higher than the market rent reported by the Census American Community Survey (ACS), which stands at $893. This indicates that landlords who accept Section 8 vouchers can expect to receive rents that are marginally above the typical market rates, providing a slight advantage in terms of revenue.
Based on the data signature, ZIP 54745 appears to be in a stable phase. The relatively high median income and home values suggest a financially secure community where the need for rental assistance is lower than in transitional areas. However, the slight increase in FMR over market rent could attract some landlords to consider accepting Section 8 vouchers, thereby maintaining a balance between rental demand and supply. Landlords and small-portfolio investors should evaluate their properties' potential to attract tenants with vouchers, considering the economic context of the area and the slight premium that FMR offers over the current market rent.
Data Summary:
The data points towards a stable environment, but the economic dynamics of Section 8 vouchers provide a unique opportunity for landlords willing to participate in the program. This slight premium can help offset the administrative costs associated with accepting vouchers, making it a viable option for maintaining a steady tenant base in ZIP 54745.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.