Location: Buffalo County, WI | Metro: Buffalo County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $740 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,020 |
| 3 Bedrooms | $1,220 |
| 4 Bedrooms | $1,560 |
| 5 Bedrooms | $1,810 |
| 6 Bedrooms | $2,027 |
| 7 Bedrooms | $2,189 |
| 8 Bedrooms | $2,298 |
U.S. Census Bureau data (2024)
18.3% of residents in ZIP code 54756 are renters, indicating a significant demand for rental properties in the area. The $970 Fair Market Rent (FMR) for the metro area in fiscal year 2026 is notably higher than the $928 reported by the Census ACS for market rent, suggesting a potential opportunity for landlords to adjust their pricing strategies. However, the median home value stands at $253,892, which could limit the number of affordable units available for low-income tenants. With a median income of $75,625, many residents might find it challenging to afford market rents without assistance, making Section 8 vouchers particularly attractive. The lack of data on days on market (DOM) and the percentage of price-cut shares implies stability in the housing market, but also suggests a need for further investigation into local market dynamics. Given the higher FMR compared to market rent and the significant renter share, landlords should consider accepting Section 8 vouchers to remain competitive and attract tenants. This strategy can help fill vacancies while providing a steady, government-backed income stream. The verdict on Section 8 participation in ZIP 54756 is positive, offering a viable option for landlords seeking stable occupancy rates.
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.