Location: Oshkosh-Neenah, WI | Metro: Oshkosh-Neenah, WI MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $910 |
| 1 Bedroom | $940 |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | $1,620 |
| 4 Bedrooms | $1,650 |
| 5 Bedrooms | $1,914 |
| 6 Bedrooms | $2,144 |
| 7 Bedrooms | $2,316 |
| 8 Bedrooms | $2,432 |
ZIP code 54903, located in Oshkosh, WI, serves as a strong cash-flow anchor within a Section 8 portfolio strategy. The Fair Market Rent (FMR) for a 1-bedroom apartment in ZIP 54903 for fiscal year 2024 is set at $1010. This figure is crucial for landlords participating in the Section 8 program, as it dictates the maximum allowable rent for subsidized units.
Despite the lack of specific market data and median home values, the FMR spread indicates that rental properties can be managed effectively within the budgetary constraints of the Section 8 program. Landlords can expect to receive a steady stream of rental income, which aligns well with the program's guidelines. The consistency of these payments reduces financial risk, making it an ideal choice for investors looking to stabilize their portfolio's cash flow.
The absence of recent appreciation trends and low Days on Market (DOM) figures suggests that while there may not be significant capital gains opportunities in the short term, the area remains stable. This stability ensures that the investment will not suffer from sudden drops in property value or prolonged vacancies, further supporting the cash-flow anchor role of ZIP 54903.
Therefore, ZIP 54903 should be considered a reliable component of a diversified Section 8 portfolio, providing consistent income and reducing overall financial volatility.
Data Sources: FMR data from HUD (2027).
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.