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WI/Outagamie County/Combined Locks

Combined Locks, WI

CitySAFMR
Outagamie County
Found 1 ZIP

City Median Investment Score

52Below average

095130300
BRFMR
Eff. Rent
0 BR$990$1,040
1 BR$1,060$1,100
2 BR$1,350$1,260
3 BR$1,870$1,900
4 BR$2,100$2,130
5 BR$2,415Not available
6 BR$2,777Not available
7 BR$3,194Not available
8 BR$3,673Not available

Purchase Price Calculator

Maximum purchase price
$125,319

Cost breakdown

+Likely effective rent$1,260
HUD FMR$1,350
Market rentUsed$1,260
Est. payment standard (96%)$1,290
-Principal and interest-$634
Loan amount$100,255
Down payment$25,064
Rate6.50%
Term30 years
-Operating costs-$426
Property taxes-$125
Insurance-$175
Utilities$0
HOA$0
Management-$126
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,428(81.5% ROI)
Projected value
$134,955
Return breakdown
Property appreciation+$9,636
Loan principal paid down+$3,592
Rental cash flow+$7,200
5-year hold
+$34,873(139.1% ROI)
Projected value
$141,787
Return breakdown
Property appreciation+$16,468
Loan principal paid down+$6,405
Rental cash flow+$12,000
10-year hold
+$74,363(296.7% ROI)
Projected value
$160,419
Return breakdown
Property appreciation+$35,100
Loan principal paid down+$15,263
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.93
1 BR
0.95
2 BR
1.07
3 BR
0.97
4 BR
0.98
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Combined Locks, WI fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Combined Locks, WI is $1,350 a month. That is up 2.3% from $1,320 in FY 2026. Combined Locks is in the Appleton, WI MSA. 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 metro-wide two-bedroom FMR of $1,256. The median county two-bedroom FMR in Wisconsin is $1,041, so Combined Locks is 30% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Combined Locks, WI
BedroomsFY 2027Change90–110% range
Studio$990+7.6%$891–$1,089
1BR$1,060+2.9%$954–$1,166
2BR$1,350+2.3%$1,215–$1,485
3BR$1,870+2.7%$1,683–$2,057
4BR$2,100+10.5%$1,890–$2,310

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Combined Locks, WI
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$990$1,060$1,350$1,870$2,100
FY 2026$920$1,030$1,320$1,820$1,900
FY 2025$790$890$1,140$1,580$1,610
FY 2024$720$800$1,020$1,380$1,380
FY 2023$710$780$990$1,330$1,330

Questions about Combined Locks, WI rents

How much will Section 8 pay for a two-bedroom in Combined Locks, WI?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,256, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,130 to $1,382 a month; under the ZIP-level Small Area FMR of $1,350 it would be $1,215 to $1,485. 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 Combined Locks, WI in?

Combined Locks, WI is in the Appleton, WI MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,256.

How much did fair market rent change in Combined Locks, WI for FY 2027?

The two-bedroom FMR rose 2.3%, from $1,320 in FY 2026 to $1,350 in FY 2027. Since FY 2023 it has risen 36.4%.

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