Location: Fond du Lac, WI | Metro: Fond du Lac, WI MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $850 |
| 1 Bedroom | $980 |
| 2 Bedrooms | $1,220 |
| 3 Bedrooms | $1,550 |
| 4 Bedrooms | $1,730 |
| 5 Bedrooms | $2,007 |
| 6 Bedrooms | $2,248 |
| 7 Bedrooms | $2,428 |
| 8 Bedrooms | $2,549 |
The ZIP code 54936 is located in the city of Fond du Lac, Wisconsin. Despite the lack of detailed statistical data available, we can still build a basic portrait of the neighborhood. The median age of residents is 37.4 years, indicating a diverse mix of young professionals and families. However, specific figures regarding the total population, percentage of renters, median income, and median home value are not provided.
Moving to the economic landscape of rental properties, the Fair Market Rent (FMR) for ZIP code 54936 is set at $1,010 for the fiscal year 2024. This figure serves as a benchmark for the housing market in the area. Unfortunately, the exact market rent for the area is not specified, which makes it challenging to directly compare it with the FMR. Nevertheless, given the FMR, we can infer that the rental market in Fond du Lac is moderately priced, suitable for a range of tenants including those who might benefit from Section 8 vouchers.
Considering the practical aspects for an investor, ZIP code 54936 appears to be a location where both hands-off voucher operators and hands-on value-add buyers could find opportunities. For hands-off operators, the consistent demand for affordable housing, supported by the Section 8 program, can provide a stable stream of rental income. On the other hand, hands-on investors looking to improve property values through renovations or strategic management practices may also find potential, especially if they can identify underpriced assets or areas with growth potential. The moderate pricing indicated by the FMR suggests there's room for both strategies to be viable depending on the investor's goals and risk tolerance.
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.