54023
ZIPSAFMR
St. Croix County, WI
BRFMR
Eff. Rent
0 BR$1,450$1,490
1 BR$1,640$1,530
2 BR$2,000$1,830
3 BR$2,650$2,080
4 BR$2,960$2,360
5 BR$3,404
6 BR$3,915
7 BR$4,502
8 BR$5,177

Purchase Price Calculator

Maximum purchase price
$210,021

Cost breakdown

+Likely effective rent$1,830
HUD FMR$2,000
Market rentUsed$1,830
Est. payment standard (94%)$1,890
Market rent is below the inferred standard ($1,890, 94% of FMR).
-Principal and interest-$1,062
Loan amount$168,017
Down payment$42,004
Rate6.50%
Term30 years
-Operating costs-$568
Property taxes-$210
Insurance-$175
Utilities$0
HOA$0
Management-$183
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,368(69.9% ROI)
Projected value
$226,169
Current value$210,021
Return breakdown
Property appreciation+$16,149
Loan principal paid down+$6,020
Rental cash flow+$7,200
5-year hold
+$50,333(119.8% ROI)
Projected value
$237,619
Current value$210,021
Return breakdown
Property appreciation+$27,598
Loan principal paid down+$10,735
Rental cash flow+$12,000
10-year hold
+$108,402(258.1% ROI)
Projected value
$268,844
Current value$210,021
Return breakdown
Property appreciation+$58,824
Loan principal paid down+$25,579
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.96ratio
FMR$1,450
Market$1,510
vs market-$60

FMR is near market; voucher and private rents are aligned.

90% standard$1,305 / 0.86 ratio110% standard$1,595 / 1.06 ratio
0.96
1 BR
1 BR
1.07ratio
FMR$1,640
Market$1,530
vs market+$110

FMR is near market; voucher and private rents are aligned.

90% standard$1,476 / 0.96 ratio110% standard$1,804 / 1.18 ratio
1.07
2 BR
2 BR
1.09ratio
FMR$2,000
Market$1,830
vs market+$170

FMR is near market; voucher and private rents are aligned.

90% standard$1,800 / 0.98 ratio110% standard$2,200 / 1.20 ratio
1.09
3 BR
3 BR
1.27ratio
FMR$2,650
Market$2,080
vs market+$570

FMR is above market; underwrite to market rent.

90% standard$2,385 / 1.15 ratio110% standard$2,915 / 1.40 ratio
1.27
4 BR
4 BR
1.25ratio
FMR$2,960
Market$2,360
vs market+$600

FMR is above market; underwrite to market rent.

90% standard$2,664 / 1.13 ratio110% standard$3,256 / 1.38 ratio
1.25
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 54023 (WI) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

54023 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 54023 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,000 and the 4 bedroom fair market rent is $2,960.

Use this page for searches like 54023 FMR, 54023 fair market rent, and 54023 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 54023
Bedroom sizeHUD FMR
Studio$1,450
1 bedroom$1,640
2 bedroom$2,000
3 bedroom$2,650
4 bedroom$2,960