Location: La Crosse-Onalaska, WI | Metro: La Crosse-Onalaska, WI-MN HUD Metro FMR Area
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 | $800 |
| 1 Bedroom | $880 |
| 2 Bedrooms | $1,150 |
| 3 Bedrooms | $1,470 |
| 4 Bedrooms | $1,860 |
| 5 Bedrooms | $2,158 |
| 6 Bedrooms | $2,417 |
| 7 Bedrooms | $2,610 |
| 8 Bedrooms | $2,741 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,470 | $303,467 | 0.48% | F |
U.S. Census Bureau data (2024)
The economics of Section 8 in ZIP code 55941 are straightforward. The SAFMR (Section 8 Area Fair Market Rent) for a two-bedroom apartment in this specific ZIP code is set at $1000 for fiscal year 2024. However, the local market rent, according to the Census ACS data, is lower at $907.
A landlord might wonder what a voucher actually pays once the tenant's portion and utility allowances are considered. Here’s a breakdown:
In ZIP 55941, where the local market rent is below the SAFMR, landlords can expect a slight surplus when renting to tenants with vouchers. Given the SAFMR of $1000 and the local market rent of $907, landlords will receive the full $907 as rent plus an additional utility allowance. Assuming a utility allowance of $250, the total reimbursement from the voucher program would be $1157.
This means that landlords in ZIP 55941 could see a surplus of $250 per month over the local market rent when renting to tenants with Section 8 vouchers. This surplus provides a financial buffer that can help cover any unexpected costs or maintenance issues that may arise.
However, it's important to note that the SAFMR sets the maximum rent that can be charged for a voucher to cover. If you charge more than $1000 for a two-bedroom unit, the excess must be paid entirely by the tenant, which may exceed their ability to pay based on their income.
In summary, the typical reimbursement for a two-bedroom apartment in ZIP 55941 under a Section 8 voucher is a surplus of $250 over the local market rent, making it a stable and potentially lucrative option for landlords.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.