Location: Trempealeau County, WI | Metro: Trempealeau County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,340 |
| 4 Bedrooms | $1,340 |
| 5 Bedrooms | $1,554 |
| 6 Bedrooms | $1,740 |
| 7 Bedrooms | $1,879 |
| 8 Bedrooms | $1,973 |
U.S. Census Bureau data (2024)
The real estate market in ZIP code 54773 presents a unique opportunity for landlords and small-portfolio investors, anchored by a median home value of $228,717. The absence of data on the percentage of listings that have been reduced and the median days on market (DOM) suggests a stable market, with neither significant buyer nor seller urgency. This stability is indicative of a balanced market where pricing power remains relatively consistent over the next 12-24 months.
On the rental side, the Federal Market Rent (FMR) for the metro area in fiscal year 2026 is projected at $970, while the current market rent stands at $829 according to the Census ACS. This gap between the FMR and the actual market rent signals an upward trend in rental prices, potentially aligning with broader economic recovery and increased demand. Landlords can expect to see gradual increases in rental income as the market adjusts towards the FMR level.
For long-term investors, the setup implies a realistic appreciation thesis. With the median home value at $228,717, there is potential for growth as the economy continues to recover and housing demand increases. However, the exact rate of appreciation will depend on various factors including local job market trends, population growth, and broader macroeconomic conditions. The data suggests that while immediate rapid appreciation might not be likely, steady and sustainable growth is a reasonable expectation.
A balanced market with stable home values and a growing rental market provides a solid foundation for investment. Landlords and small-portfolio investors can leverage this environment to secure properties at fair market rates and benefit from increasing rental incomes as the market approaches the FMR levels. This combination supports a strategy focused on long-term holding and steady appreciation, rather than short-term speculative gains.
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.