Location: Waushara County, WI | Metro: Adams County, WI
| Unit Size | Monthly FMR |
|---|---|
| Studio | $770 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,470 |
| 5 Bedrooms | $1,705 |
| 6 Bedrooms | $1,910 |
| 7 Bedrooms | $2,063 |
| 8 Bedrooms | $2,166 |
U.S. Census Bureau data (2024)
The ZIP code 54943 stands out with a unique demographic profile that influences its rental market dynamics. With only 2,250 residents, this area has a relatively low population density, but it also boasts a median income of $62,500, which is above the national average. The median home value in the region is significantly high at $244,805, reflecting a stable housing market. However, the rental segment is less pronounced, with just 11.9% of residents renting their homes, indicating a preference for homeownership.
In terms of Section 8 vouchers, the economic landscape presents both opportunities and challenges. The Fair Market Rent (FMR) for the metro area for fiscal year 2026 is set at $970, whereas the current market rent, according to the Census ACS, is $692. This discrepancy suggests that landlords participating in the Section 8 program can potentially command higher rents compared to the local market rate. For small-portfolio investors, this ZIP code offers a chance to leverage government subsidies to achieve better rental yields than those available through typical market rentals.
Despite the high median home value, the data signature of ZIP 54943 reads as stable rather than transitional. The strong median income supports the ability of residents to maintain their homes, and the low percentage of renters indicates a community where long-term ownership is the norm. This stability is further reinforced by the consistency between the FMR and the actual market conditions, suggesting that the rental market, while smaller, is also relatively steady and predictable.
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.