Section 8 Fair Market Rent (FMR) for ZIP 54948 - 2027

Location: Shawano County, WI | Metro: Shawano County, WI

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$800
1 Bedroom$900
2 Bedrooms$1,080
3 Bedrooms$1,420
4 Bedrooms$1,420
5 Bedrooms$1,647
6 Bedrooms$1,845
7 Bedrooms$1,993
8 Bedrooms$2,093

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
225
Median Household Income
$62,969
Housing Units
117
Renter Percentage
6.6%
Occupancy Rate
77.8%
Renter Occupied
6

ZIP 54948, located in Shawano County, WI, serves as an ideal diversifier within a Section 8 portfolio strategy. The area boasts a significant 6.6% renter share, indicating a steady demand for rental properties among tenants eligible for Section 8 vouchers. With a median income of $62,969, there is ample evidence to suggest that residents have the financial stability to meet their rental obligations, making this ZIP code a reliable addition to a diverse investment portfolio.

The Housing Authority of Shawano County plays a pivotal role in managing and maintaining affordable housing options, including 6 Section 8 apartment complexes and 108 approved low-income housing units. This infrastructure supports a robust Section 8 program, ensuring a consistent flow of qualified tenants. Additionally, Shawano City Housing Authority offers 52 Vouchers for the Housing Choice Voucher Program, which can be utilized throughout Shawano County, further enhancing the viability of Section 8 investments in ZIP 54948.

While the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,020, the lack of specific market data for ZIP 54948 means that the exact spread cannot be calculated. However, the presence of multiple housing authorities and the substantial number of Section 8 units indicate a strong support system for landlords participating in the program. This ZIP code is less likely to serve as a cash-flow anchor due to the absence of concrete market and median home value data, nor does it appear to be an appreciation play given the lack of information on price-cut shares and days on market (DOM).

In conclusion, ZIP 54948's characteristics make it a suitable diversifier for a Section 8 portfolio. Its established Section 8 infrastructure and moderate median income provide a stable environment for landlords and small-portfolio investors seeking to balance risk and reward.

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.