Section 8 Fair Market Rent (FMR) for ZIP 54763 - 2027

Location: Dunn County, WI | Metro: Barron County, WI

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$790
1 Bedroom	$800
2 Bedrooms	$1,010
3 Bedrooms	$1,380
4 Bedrooms	$1,700
5 Bedrooms	$1,972
6 Bedrooms	$2,209
7 Bedrooms	$2,386
8 Bedrooms	$2,505

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

1,120

Median Household Income

$65,417

Housing Units

564

Renter Percentage

18.9%

Occupancy Rate

90.2%

Renter Occupied

The ZIP code 54763, located in the heart of rural Wisconsin, offers a stable market for real estate investors seeking opportunities in the Section 8 housing program. This area benefits from a blend of affordability and manageable competition, making it a viable option for those looking to enter or expand their investment portfolio.

The Fair Market Rent (FMR) for a two-bedroom apartment in the metro area for fiscal year 2026 is set at $970, providing a benchmark for rental pricing that aligns with government standards.
The actual market rent, as reported by the Census ACS, stands at $596 for a similar unit, indicating a significant gap between what the market offers and the potential income from Section 8 tenants.
The median home value in this ZIP code is $266,488, reflecting a moderate cost of entry for property investments compared to urban areas.
Renters make up 18.9% of the population, suggesting a decent demand for rental properties but also indicating a sizable owner-occupied segment which can limit competition.
The median income for residents is $65,417, offering insight into the economic profile of potential tenants and the overall financial health of the community.
Due to the nature of the rural market, the days on market (DOM) for properties is not typically tracked, though this can imply that transactions are less frequent and might take longer to close.

Investors in ZIP 54763 can leverage the discrepancy between the market rent and the Section 8 FMR to secure higher returns while still maintaining affordability for tenants. The moderate median home value suggests that purchasing properties here will be more accessible than in more expensive regions, and the relatively low renter share indicates a balanced market where competition among landlords is not overly fierce. With a median income of $65,417, there's a reasonable expectation of tenant stability and timely rent payments. Overall, this ZIP code presents a solid opportunity for investors willing to navigate a slower-paced market, with potential for steady growth and income from Section 8 rentals.

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.