Section 8 Fair Market Rent (FMR) for ZIP 54841 - 2027

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

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$760
1 Bedroom	$800
2 Bedrooms	$1,040
3 Bedrooms	$1,340
4 Bedrooms	$1,720
5 Bedrooms	$1,995
6 Bedrooms	$2,234
7 Bedrooms	$2,413
8 Bedrooms	$2,534

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

284

Median Household Income

$76,250

Housing Units

151

Renter Percentage

22.4%

Occupancy Rate

88.7%

Renter Occupied

The ZIP code 54841 is located in a suburban area of Wisconsin, characterized by a mix of residential and agricultural landscapes. The region benefits from a stable economy, driven by local industries and a growing population, making it an attractive investment opportunity for landlords and small-portfolio investors.

The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,000. This indicates the average monthly rent that HUD expects for a standard-quality rental unit in the area, providing a benchmark for rental pricing.
Renters make up 22.4% of the housing market in ZIP 54841. This percentage reflects a significant portion of the population who rely on rental properties, ensuring a steady demand for landlords.
The median household income in the area is $76,250. This figure suggests that residents have a moderate level of financial stability, which can translate into reliable tenants who are capable of paying rent consistently.
While the market rent and median home value are currently not available, these missing data points can be addressed through further localized research, such as contacting local real estate agents or reviewing recent property listings.
The Days on Market (DOM) data is also not available, but this metric is crucial for understanding how quickly properties are being rented out. A lower DOM generally indicates a more robust rental market.

In summary, ZIP 54841 presents a promising rental market with a defined benchmark for fair market rents and a substantial share of renters. The median income supports the potential for stable tenant payments, while the lack of certain key metrics, such as market rent and DOM, should be investigated further to fully understand the investment landscape. Landlords and small-portfolio investors can leverage the established FMR and tenant demographics to make informed decisions about their investments in this area.

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.