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Richland County/Hillpoint/53937

53937

ZIPSAFMR
Richland County, WI
Zillow

ZIP Investment Score

38Below average

095130300
BRFMR
Eff. Rent
0 BR$840$840
1 BR$990$990
2 BR$1,170$1,170
3 BR$1,450$1,450
4 BR$1,590$1,590
5 BR$1,828Not available
6 BR$2,103Not available
7 BR$2,418Not available
8 BR$2,781Not available

Purchase Price Calculator

Maximum purchase price
$111,945

Cost breakdown

+Likely effective rent$1,170
HUD FMRUsed$1,170
Market rentN/A
Est. payment standardN/A
-Principal and interest-$566
Loan amount$89,556
Down payment$22,389
Rate6.50%
Term30 years
-Operating costs-$404
Property taxes-$112
Insurance-$175
Utilities$0
HOA$0
Management-$117
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,016(84.9% ROI)
Projected value
$120,553
Return breakdown
Property appreciation+$8,608
Loan principal paid down+$3,209
Rental cash flow+$7,200
5-year hold
+$32,432(144.9% ROI)
Projected value
$126,656
Return breakdown
Property appreciation+$14,710
Loan principal paid down+$5,722
Rental cash flow+$12,000
10-year hold
+$68,988(308.1% ROI)
Projected value
$143,299
Return breakdown
Property appreciation+$31,354
Loan principal paid down+$13,634
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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ZIP 53937 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 53937 (Hillpoint, WI) is $1,170 a month. That is up 7.3% from $1,090 in FY 2026. Hillpoint is in the Richland 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. Among 16 ZIP codes in Richland County, 53937 has the 3rd-highest two-bedroom rent (county range $1,010–$1,350). The median county two-bedroom FMR in Wisconsin is $1,041, so ZIP 53937 is 12% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 53937
BedroomsFY 2027Change90–110% range
Studio$840+7.7%$756–$924
1BR$990+6.5%$891–$1,089
2BR$1,170+7.3%$1,053–$1,287
3BR$1,450+6.6%$1,305–$1,595
4BR$1,590+8.2%$1,431–$1,749

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 53937
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$840$990$1,170$1,450$1,590
FY 2026$780$930$1,090$1,360$1,470
FY 2025$780$910$1,070$1,370$1,480
FY 2024area FMR$613$779$905$1,119$1,446
FY 2023area FMR$554$725$826$1,104$1,318

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

Two-bedroom rent in nearby Richland County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 53937
53518$1,020−12.8%
53540$1,350+15.4%
53556$1,070−8.5%
53573$1,060−9.4%
53581$1,010−13.7%
53584$1,040−11.1%
53588$1,150−1.7%
53805$1,010−13.7%
53924$1,010−13.7%
53937Current$1,170—
53941$1,030−12.0%
53968$1,060−9.4%

Questions about ZIP 53937 rents

How much will Section 8 pay for a two-bedroom in ZIP 53937?

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 $1,170 it would be $1,053 to $1,287. 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 ZIP 53937 in?

ZIP 53937 is in the Richland 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 ZIP 53937 for FY 2027?

The two-bedroom FMR rose 7.3%, from $1,090 in FY 2026 to $1,170 in FY 2027. Since FY 2025 it has risen 9.3%.

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

County fair market rentHillpoint, WI fair market rentWI statewide rentsWhat is SAFMR?Data sources