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Portage County/Stevens Point/54492

54492

ZIPFMR
Portage County, WI
Zillow
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ZIP Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$750$620
1 BR$828$890
2 BR$1,077$1,180
3 BR$1,283$1,410
4 BR$1,415$1,480
5 BR$1,627Not available
6 BR$1,871Not available
7 BR$2,152Not available
8 BR$2,475Not available

Purchase Price Calculator

Maximum purchase price
$113,431

Cost breakdown

+Likely effective rent$1,180
HUD FMR$1,077
Market rent$1,440
Est. payment standard (110%)Used$1,180
-Principal and interest-$574
Loan amount$90,745
Down payment$22,686
Rate6.50%
Term30 years
-Operating costs-$406
Property taxes-$113
Insurance-$175
Utilities$0
HOA$0
Management-$118
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,173(84.5% ROI)
Projected value
$122,153
Return breakdown
Property appreciation+$8,722
Loan principal paid down+$3,251
Rental cash flow+$7,200
5-year hold
+$32,703(144.2% ROI)
Projected value
$128,337
Return breakdown
Property appreciation+$14,906
Loan principal paid down+$5,798
Rental cash flow+$12,000
10-year hold
+$69,585(306.7% ROI)
Projected value
$145,201
Return breakdown
Property appreciation+$31,770
Loan principal paid down+$13,815
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.21
1 BR
0.89
2 BR
0.75
3 BR
0.82
4 BR
0.93
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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ZIP 54492 fair market rent, FY 2027

For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 54492 (Stevens Point, WI) is $1,077 a month. That is up 3.9% from $1,037 in FY 2026. Stevens Point is in the Portage County, WI non-metropolitan FMR area. One county-wide FMR applies to every ZIP code in it. The median county two-bedroom FMR in Wisconsin is $1,041, so ZIP 54492 is 4% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 54492
BedroomsFY 2027Change90–110% range
Studio$750+4.9%$675–$825
1BR$828+4.3%$745–$911
2BR$1,077+3.9%$969–$1,185
3BR$1,283+3.2%$1,155–$1,411
4BR$1,415+3.1%$1,274–$1,557

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 54492
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$750$828$1,077$1,283$1,415
FY 2026$715$794$1,037$1,243$1,373
FY 2025$706$794$1,029$1,240$1,388
FY 2024$662$762$977$1,224$1,335
FY 2023$604$703$904$1,154$1,269

Questions about ZIP 54492 rents

How much will Section 8 pay for a two-bedroom in ZIP 54492?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,077, that basic range is $969 to $1,185 a month. 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 54492 in?

ZIP 54492 is in the Portage County, WI non-metropolitan FMR area.

How much did fair market rent change in ZIP 54492 for FY 2027?

The two-bedroom FMR rose 3.9%, from $1,037 in FY 2026 to $1,077 in FY 2027. Since FY 2023 it has risen 19.1%.

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 Fair Market Rents. 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 rentStevens Point, WI fair market rentWI statewide rentsWhat is SAFMR?Data sources