Location: Burnett County, WI | Metro: Burnett County, WI
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $780 |
| 1 Bedroom | $830 |
| 2 Bedrooms | $1,080 |
| 3 Bedrooms | $1,290 |
| 4 Bedrooms | $1,580 |
| 5 Bedrooms | $1,833 |
| 6 Bedrooms | $2,053 |
| 7 Bedrooms | $2,217 |
| 8 Bedrooms | $2,328 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,080 | $306,690 | 0.35% | F |
| 3BR | $1,290 | $357,770 | 0.36% | F |
| 4BR | $1,580 | $468,834 | 0.34% | F |
U.S. Census Bureau data (2024)
ZIP code 54893 is situated in the town of Webster, Wisconsin, a residential area characterized by a relatively small population of 4,207 individuals. The rental market here is modest, with only 18.8% of residents being renters, indicating a predominantly owner-occupied community. The median household income stands at $56,129, which is slightly below the national average but reflects a stable middle-class demographic. The median home value in this ZIP is $295,342, suggesting that homeownership is accessible yet not inexpensive, aligning with the local economic conditions.
Moving into the specifics of the rent economics, the Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $1,010. However, the actual market rent in ZIP 54893 is significantly lower at $646 per month according to Census ACS data. This disparity between the FMR and the market rent indicates an opportunity for investors, especially those looking to participate in the Section 8 housing program, as there is a margin where properties can be rented at the higher FMR rate while still being affordable for tenants receiving vouchers.
The practical implications of these figures suggest that ZIP 54893 could be a suitable location for both hands-off voucher operators and hands-on value-add buyers. For hands-off operators, the stability of the local economy and the lower percentage of renters provide a solid foundation for long-term investment with minimal tenant turnover risks. On the other hand, for hands-on value-add investors, the potential to increase rents towards the FMR level without pricing out the majority of the local population presents opportunities for enhancing cash flow and property values through improvements and strategic management.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.