Section 8 Fair Market Rent (FMR) for ZIP 54845 - 2027
Location: Burnett County, WI | Metro: Burnett County, WI
FY 2027 Fair Market Rent Rates
| Unit Size |
Monthly FMR |
| Studio | $750 |
| 1 Bedroom | $810 |
| 2 Bedrooms | $1,060 |
| 3 Bedrooms | $1,260 |
| 4 Bedrooms | $1,440 |
| 5 Bedrooms | $1,670 |
| 6 Bedrooms | $1,870 |
| 7 Bedrooms | $2,020 |
| 8 Bedrooms | $2,121 |
Demographics & Housing Statistics
U.S. Census Bureau data (2024)
Median Household Income
$49,464
To determine if a landlord should buy in ZIP code 54845 for Section 8 purposes, follow these decision points:
- Does FMR $1,030 (metro FY 2026) cover debt service on a property?
- If yes: Proceed to the next question.
- If no: Investing in this area for Section 8 is not advisable due to insufficient funds to cover expenses.
- Is the market rent above, at, or below FMR?
- If market rent is above FMR: The area is too expensive for Section 8 tenants, making it less suitable for such investments.
- If market rent is at or below FMR: Proceed to the next question as properties are priced appropriately for Section 8 tenants.
- Are 12.2% renters combined with N/A-day DOM enough demand?
- If DOM (Days on Market) is low and there's sufficient rental demand: Yes, this indicates that properties can be rented out quickly and there is enough tenant interest to support Section 8 investments.
- If DOM is high despite 12.2% renters: It depends. High DOM suggests difficulty in finding tenants, but the percentage of renters shows some demand. Consider other factors like location desirability and competition.
- If rental demand is low regardless of DOM: No, the lack of demand makes it difficult to maintain occupancy rates necessary for a successful Section 8 investment.
Note: Without specific figures for market rent and DOM, some branches cannot be fully evaluated. Ensure you have accurate local market data before making any investment decisions.
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.