Location: Winona County, MN | 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 | $770 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,110 |
| 3 Bedrooms | $1,410 |
| 4 Bedrooms | $1,760 |
| 5 Bedrooms | $2,042 |
| 6 Bedrooms | $2,287 |
| 7 Bedrooms | $2,470 |
| 8 Bedrooms | $2,594 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,110 | $271,917 | 0.41% | F |
| 3BR | $1,410 | $331,087 | 0.43% | F |
| 4BR | $1,760 | $383,325 | 0.46% | F |
U.S. Census Bureau data (2024)
The ZIP code 55943, located in Houston, Minnesota, presents a dynamic market where the Federal Market Rent (FMR) stands at $930 for fiscal year 2024. This figure is slightly below the market rent of $964 as reported by the Census American Community Survey (ACS). The median home value in this area is notably higher at $340,281, indicating a robust residential property market.
The lack of data on the percentage of price cuts and days on the market (DOM) suggests that there isn't a significant oversupply of rental properties. If the market were experiencing an excess of supply over demand, we would likely see higher rates of price reductions and longer times for properties to be rented. The current snapshot points towards a balanced or slightly demand-driven rental market.
With a 15.0% renter share, it's evident that the majority of residents in Houston, MN prefer homeownership. However, this relatively low renter share also implies that there could be long-term housing pressures if the demand for rentals increases due to population growth or economic changes. Landlords and small-portfolio investors should monitor these trends closely, as they can indicate shifts in the local economy and housing preferences.
In summary, ZIP 55943 appears to be a market where demand meets supply effectively, with homeownership being the dominant choice among residents. The slight gap between FMR and market rent suggests that landlords can maintain competitive pricing without significant concessions. However, the potential for future housing pressures cannot be ignored, especially as the area continues to evolve.
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.