Location: Waushara County, WI | Metro: Waupaca County, WI
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $860 |
| 1 Bedroom | $870 |
| 2 Bedrooms | $1,080 |
| 3 Bedrooms | $1,410 |
| 4 Bedrooms | $1,430 |
| 5 Bedrooms | $1,659 |
| 6 Bedrooms | $1,858 |
| 7 Bedrooms | $2,007 |
| 8 Bedrooms | $2,107 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,410 | $297,863 | 0.47% | F |
U.S. Census Bureau data (2024)
The analysis of ZIP code 54983 reveals a market that is neither purely high-yield nor low-stability, but rather a blend of both characteristics, leaning slightly towards a steady-cashflow zone.
On the yield axis, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 stands at $1,060, while the market rent is lower at $888. This suggests that landlords could potentially benefit from a higher rental income compared to the average market rate, indicating a moderate yield opportunity. The median home value in this ZIP code is $284,127, which provides a baseline for investment costs. However, the difference between the FMR and the market rent is relatively modest, implying that the upside for rental income is not exceptionally high.
Moving to the stability axis, the rental market in ZIP 54983 shows a 25.0% share of renters, which is a key indicator of demand. While the Days on Market (DOM) data is unavailable, the median household income of $71,094 suggests that there is sufficient economic capacity among residents to support rental payments. This figure is crucial because it indicates the ability of tenants to afford housing, thereby reducing the risk of vacancy and default.
To summarize, ZIP 54983 offers a balanced scenario where landlords can expect a reasonable rental income without the volatility associated with high-risk markets. The slight premium in FMR over market rent, combined with a stable tenant income level, positions this ZIP code as a favorable option for those seeking consistent cash flow from their investments.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). 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.