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WI/Jackson County/Alma Center

Alma Center, WI

CitySAFMR
Jackson County
Found 1 ZIP

City Median Investment Score

78Below average

095130300
BRFMR
Eff. Rent
0 BR$730$730
1 BR$800$800
2 BR$1,050$1,050
3 BR$1,250$1,250
4 BR$1,500$1,500
5 BR$1,725Not available
6 BR$1,984Not available
7 BR$2,281Not available
8 BR$2,624Not available

Purchase Price Calculator

Maximum purchase price
$94,113

Cost breakdown

+Likely effective rent$1,050
HUD FMRUsed$1,050
Market rentN/A
Est. payment standardN/A
-Principal and interest-$476
Loan amount$75,290
Down payment$18,823
Rate6.50%
Term30 years
-Operating costs-$374
Property taxes-$94
Insurance-$175
Utilities$0
HOA$0
Management-$105
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,134(91.0% ROI)
Projected value
$101,349
Return breakdown
Property appreciation+$7,236
Loan principal paid down+$2,697
Rental cash flow+$7,200
5-year hold
+$29,178(155.0% ROI)
Projected value
$106,480
Return breakdown
Property appreciation+$12,367
Loan principal paid down+$4,810
Rental cash flow+$12,000
10-year hold
+$61,822(328.4% ROI)
Projected value
$120,473
Return breakdown
Property appreciation+$26,360
Loan principal paid down+$11,462
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
--
Mortgage rate
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Alma Center, WI fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Alma Center, WI is $1,050 a month. That is down 1.9% from $1,070 in FY 2026. Alma Center is in the Jackson County, WI non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $1,014.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Alma Center, WI
BedroomsFY 2027Change90–110% range
Studio$730−1.4%$657–$803
1BR$800−8.0%$720–$880
2BR$1,050−1.9%$945–$1,155
3BR$1,250−2.3%$1,125–$1,375
4BR$1,500−8.0%$1,350–$1,650

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Alma Center, WI
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$730$800$1,050$1,250$1,500
FY 2026$740$870$1,070$1,280$1,630
FY 2025$710$910$1,030$1,260$1,580
FY 2024area FMR$613$806$905$1,138$1,326
FY 2023area FMR$552$706$826$1,058$1,120

Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.

Questions about Alma Center, WI rents

How much will Section 8 pay for a two-bedroom in Alma Center, WI?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,014, which applies unless the housing authority uses Small Area FMRs, that basic range is $913 to $1,115 a month; under the ZIP-level Small Area FMR of $1,050 it would be $945 to $1,155. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Alma Center, WI in?

Alma Center, WI is in the Jackson County, WI non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,014.

How much did fair market rent change in Alma Center, WI for FY 2027?

The two-bedroom FMR fell 1.9%, from $1,070 in FY 2026 to $1,050 in FY 2027. Since FY 2025 it has risen 1.9%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set