Location: Waupaca County, WI | Metro: Waupaca County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $810 |
| 1 Bedroom | $860 |
| 2 Bedrooms | $1,050 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,380 |
| 5 Bedrooms | $1,601 |
| 6 Bedrooms | $1,793 |
| 7 Bedrooms | $1,936 |
| 8 Bedrooms | $2,033 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 54926 is set at $1,000 for the fiscal year 2026. This figure represents the payment standard under the Section 8 Housing Choice Voucher program. It means that if you participate in the program, the government will pay up to $1,000 per month for a rental unit in this area. However, this does not dictate the actual rent you can charge tenants; it merely sets an upper limit on what the voucher will cover.
Local market rents in ZIP 54926 are currently listed as N/A, which suggests there's limited data available. Nevertheless, using the 11.5% renter share, we can infer that there is a moderate demand for rental properties in this area. This percentage indicates that roughly 11.5% of the population is likely seeking rental housing, making it a reasonable market to enter with a Section 8 rental property.
Regarding acquisition costs, the median home value in ZIP 54926 is also listed as N/A. This implies that specific figures on property values might be hard to come by, but you should still aim to purchase a property that fits within the typical price range for similar homes in the area. The goal is to ensure that your investment aligns with the expected returns from the Section 8 program.
To make an informed decision, verify that the property meets all the required standards for the Section 8 program. This includes passing a thorough inspection to ensure it adheres to health and safety guidelines. Failure to meet these standards could result in the voucher holder being unable to rent your property, even if it is otherwise suitable.
In summary, with the FMR at $1,000, you have a clear guideline for the maximum government subsidy you can receive. Given the 11.5% renter share, there is a viable market for your rental property. Ensure your property meets the necessary criteria before proceeding, as this is critical for participation in the program.
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.