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Kewaunee County/Two Rivers/54241

54241

ZIPSAFMR
Kewaunee County, WI
Zillow

ZIP Investment Score

73Below average

095130300
BRFMR
Eff. Rent
0 BR$790$800
1 BR$840$850
2 BR$1,050$1,110
3 BR$1,400$1,280
4 BR$1,460$1,250
5 BR$1,679Not available
6 BR$1,931Not available
7 BR$2,220Not available
8 BR$2,554Not available

Purchase Price Calculator

Maximum purchase price
$103,029

Cost breakdown

+Likely effective rent$1,110
HUD FMR$1,050
Market rent$1,140
Est. payment standard (106%)Used$1,110
-Principal and interest-$521
Loan amount$82,423
Down payment$20,606
Rate6.50%
Term30 years
-Operating costs-$389
Property taxes-$103
Insurance-$175
Utilities$0
HOA$0
Management-$111
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,075(87.7% ROI)
Projected value
$110,951
Return breakdown
Property appreciation+$7,922
Loan principal paid down+$2,953
Rental cash flow+$7,200
5-year hold
+$30,805(149.5% ROI)
Projected value
$116,568
Return breakdown
Property appreciation+$13,539
Loan principal paid down+$5,266
Rental cash flow+$12,000
10-year hold
+$65,405(317.4% ROI)
Projected value
$131,886
Return breakdown
Property appreciation+$28,857
Loan principal paid down+$12,548
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.98
1 BR
0.98
2 BR
0.92
3 BR
1.09
4 BR
1.17
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 54241 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 54241 (Two Rivers, WI) is $1,050 a month. That is up 1.0% from $1,040 in FY 2026. Two Rivers is in the Green Bay, WI HUD Metro 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 metro-wide two-bedroom FMR of $1,287. Among 7 ZIP codes in Kewaunee County, 54241 is tied for the 5th-highest two-bedroom rent (county range $1,050–$1,240).

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 54241
BedroomsFY 2027Change90–110% range
Studio$790+3.9%$711–$869
1BR$840+1.2%$756–$924
2BR$1,050+1.0%$945–$1,155
3BR$1,400+2.2%$1,260–$1,540
4BR$1,460+4.3%$1,314–$1,606

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 54241
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$790$840$1,050$1,400$1,460
FY 2026$760$830$1,040$1,370$1,400
FY 2025$710$760$950$1,270$1,270
FY 2024$700$770$960$1,280$1,280
FY 2023$640$690$870$1,160$1,170

Two-bedroom rent in nearby Kewaunee County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 54241
54201$1,100+4.8%
54205$1,230+17.1%
54208$1,110+5.7%
54213$1,0500.0%
54216$1,0500.0%
54217$1,240+18.1%
54241Current$1,050—

Questions about ZIP 54241 rents

How much will Section 8 pay for a two-bedroom in ZIP 54241?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,287, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,158 to $1,416 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 ZIP 54241 in?

ZIP 54241 is in the Green Bay, WI HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,287.

How much did fair market rent change in ZIP 54241 for FY 2027?

The two-bedroom FMR rose 1.0%, from $1,040 in FY 2026 to $1,050 in FY 2027. Since FY 2023 it has risen 20.7%.

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 rentTwo Rivers, WI fair market rentWI statewide rentsWhat is SAFMR?Data sources