Section 8 Fair Market Rent (FMR) for ZIP 54978 - 2027

FY 2027 Fair Market Rent Rates

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

The ZIP code 54978, located within the Shawano County, WI metro area, has a Family Monthly Rent (FMR) of $980 for fiscal year 2026. This figure serves as a benchmark for understanding how affordable housing subsidies compare against market rents in the region. However, it's important to note that the market rent and home values for this specific ZIP code are currently not available.

Despite the lack of detailed market data, we can make some inferences based on the provided information. The renter share in ZIP 54978 stands at 15.0%, which is a notable statistic when considering the potential attractiveness for landlords and small-portfolio investors interested in Section 8 properties.

To contextualize, let’s consider what these figures might imply:

• Affordability: With an FMR of $980, this ZIP code could be seen as offering affordable rental options, especially if the overall metro average is higher. This suggests that 54978 might be a value pocket within the Shawano County, WI metro, appealing to tenants seeking lower-cost housing.
• Renter Share: A 15.0% renter share indicates a moderate proportion of renters in the area. While this is not exceptionally high, it does suggest a stable demand for rental properties. If the renter share in other ZIP codes within the metro area is significantly lower, this could point towards 54978 being a slightly more attractive location for rental investment.

Without definitive market rent and home value data, it’s challenging to label 54978 as either a mid-tier neighborhood or a premium sub-market. However, the combination of an affordable FMR and a decent renter share could indicate a sweet spot for Section 8 properties, particularly if the absence of market rent and home value data suggests these metrics are below the metro average. This would mean that landlords could potentially benefit from a steady stream of tenants who qualify for housing assistance, without the complications that arise in areas with much higher market rents or home values.

Investors should proceed with caution, given the limited availability of market-specific data. Comparing the FMR of $980 to the broader Shawano County, WI metro average will provide clearer insights into the true nature of ZIP 54978 as a value pocket, mid-tier neighborhood, or premium sub-market. Additionally, keeping an eye on future updates regarding market rent and home values will help refine this analysis further.

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.