54661

ZIPSAFMR

Trempealeau County, WI

ZIP Investment Score

40Below average

095130300

BR	FMR	Eff. Rent	3Y CAGR
0 BR	$960	$1,060	7.6%
1 BR	$970	$970	3.7%
2 BR	$1,270	$1,340	4.0%
3 BR	$1,660	$1,450	2.8%
4 BR	$1,720	$1,590	-3.6%
5 BR	$1,978	Not available	-3.6%
6 BR	$2,275	Not available	-3.6%
7 BR	$2,616	Not available	-3.6%
8 BR	$3,008	Not available	-3.6%

Purchase Price Calculator

Maximum purchase price

$137,207

Cost breakdown

+Likely effective rent$1,340

HUD FMR$1,270

Market rent$1,370

Est. payment standard (105%)Used$1,340

-Principal and interest-$694

Loan amount$109,766

Down payment$27,441

Rate6.50%

Term30 years

-Operating costs-$446

Property taxes-$137

Insurance-$175

Utilities$0

HOA$0

Management-$134

=Target cash flow+$200

Calculation mode

BedroomsCash-flow target

Down payment methodDown payment %

HOA / mo

Utilities methodUtilities amount

Management methodManagement % of rent

Hold period projections

Annual appreciation rate

3-year hold

+$21,683(79.0% ROI)

Projected value

$147,757

Return breakdown

Property appreciation+$10,550

Loan principal paid down+$3,933

Rental cash flow+$7,200

5-year hold

+$37,043(135.0% ROI)

Projected value

$155,237

Return breakdown

Property appreciation+$18,030

Loan principal paid down+$7,013

Rental cash flow+$12,000

10-year hold

+$79,140(288.4% ROI)

Projected value

$175,637

Return breakdown

Property appreciation+$38,430

Loan principal paid down+$16,711

Rental cash flow+$24,000

Public Housing Authority

Rolodex

Market Alignment

Studio

0.75ratio

FMR$960

Market$1,280

vs market-$320

FMR is below market; voucher rent may lag private rents.

0.75

2 BR

0.93ratio

FMR$1,270

Market$1,370

vs market-$100

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

0.93

3 BR

1.14ratio

FMR$1,660

Market$1,450

vs market+$210

FMR is above market; underwrite to market rent.

1.14

4 BR

1.08ratio

FMR$1,720

Market$1,590

vs market+$130

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

1.08

0.700.800.901.001.101.201.30aligned range

Historical

FY 2023-2027

FMR: FY2027
Market rent: last ~365 days
Property value: --
Tax rate: --
Mortgage rate: --

ZIP 54661 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 54661 (Trempealeau, WI) is $1,270 a month. That is up 7.6% from $1,180 in FY 2026. Trempealeau is in the Trempealeau 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 $1,059. Among 15 ZIP codes in Trempealeau County, 54661 has the highest two-bedroom rent (county range $1,010–$1,270). The median county two-bedroom FMR in Wisconsin is $1,041, so ZIP 54661 is 22% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 54661
Bedrooms	FY 2026	FY 2027	Change	90–110% range
Studio	$890	$960	+7.9%	$864–$1,056
1BR	$900	$970	+7.8%	$873–$1,067
2BR	$1,180	$1,270	+7.6%	$1,143–$1,397
3BR	$1,560	$1,660	+6.4%	$1,494–$1,826
4BR	$1,800	$1,720	−4.4%	$1,548–$1,892

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 54661
Fiscal year	Studio	1BR	2BR	3BR	4BR
FY 2027	$960	$970	$1,270	$1,660	$1,720
FY 2026	$890	$900	$1,180	$1,560	$1,800
FY 2025	$880	$880	$1,160	$1,530	$1,730
FY 2024	$770	$870	$1,130	$1,530	$1,920
FY 2023	$640	$750	$960	$1,320	$1,640

Two-bedroom rent in nearby Trempealeau County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code	2 bedroom	vs. 54661
54612	$1,190	−6.3%
54616	$1,010	−20.5%
54625	$1,010	−20.5%
54627	$1,010	−20.5%
54630	$1,120	−11.8%
54642	$1,240	−2.4%
54659	$1,040	−18.1%
54661Current	$1,270	—
54738	$1,070	−15.7%
54747	$1,040	−18.1%
54755	$1,070	−15.7%
54758	$1,070	−15.7%

Questions about ZIP 54661 rents

How much will Section 8 pay for a two-bedroom in ZIP 54661?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,059, which applies unless the housing authority uses Small Area FMRs, that basic range is $953 to $1,165 a month; under the ZIP-level Small Area FMR of $1,270 it would be $1,143 to $1,397. 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 54661 in?

ZIP 54661 is in the Trempealeau County, WI non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,059.

How much did fair market rent change in ZIP 54661 for FY 2027?

The two-bedroom FMR rose 7.6%, from $1,180 in FY 2026 to $1,270 in FY 2027. Since FY 2023 it has risen 32.3%.

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 rent Trempealeau, WI fair market rent WI statewide rents What is SAFMR?Data sources