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54937

ZIPSAFMR
Fond du Lac County, WI

ZIP Investment Score

66Below average

095130300
BRFMR
Eff. Rent
0 BR$970$760
1 BR$1,120$900
2 BR$1,400$1,400
3 BR$1,780$1,630
4 BR$1,990$1,710
5 BR$2,289Not available
6 BR$2,632Not available
7 BR$3,027Not available
8 BR$3,481Not available

Purchase Price Calculator

Maximum purchase price
$146,123

Cost breakdown

+Likely effective rent$1,400
HUD FMR$1,400
Market rent$1,400
Est. payment standard (100%)Used$1,400
-Principal and interest-$739
Loan amount$116,898
Down payment$29,225
Rate6.50%
Term30 years
-Operating costs-$461
Property taxes-$146
Insurance-$175
Utilities$0
HOA$0
Management-$140
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,624(77.4% ROI)
Projected value
$157,358
Return breakdown
Property appreciation+$11,235
Loan principal paid down+$4,188
Rental cash flow+$7,200
5-year hold
+$38,670(132.3% ROI)
Projected value
$165,325
Return breakdown
Property appreciation+$19,202
Loan principal paid down+$7,469
Rental cash flow+$12,000
10-year hold
+$82,723(283.1% ROI)
Projected value
$187,050
Return breakdown
Property appreciation+$40,927
Loan principal paid down+$17,796
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.28
1 BR
1.24
2 BR
1.00
3 BR
1.09
4 BR
1.16
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 54937 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 54937 (Fond Du Lac, WI) is $1,400 a month. That is up 5.3% from $1,330 in FY 2026. Fond Du Lac is in the Fond du Lac, WI MSA. 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 $1,224. Among 26 ZIP codes in Fond du Lac County, 54937 has the 3rd-highest two-bedroom rent (county range $1,060–$1,460). The median county two-bedroom FMR in Wisconsin is $1,041, so ZIP 54937 is 35% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 54937
BedroomsFY 2027Change90–110% range
Studio$970+5.4%$873–$1,067
1BR$1,120+4.7%$1,008–$1,232
2BR$1,400+5.3%$1,260–$1,540
3BR$1,780+3.5%$1,602–$1,958
4BR$1,990+5.9%$1,791–$2,189

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 54937
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$970$1,120$1,400$1,780$1,990
FY 2026$920$1,070$1,330$1,720$1,880
FY 2025$820$970$1,200$1,560$1,620
FY 2024$780$900$1,130$1,480$1,500
FY 2023$750$820$1,050$1,390$1,410

Two-bedroom rent in nearby Fond du Lac County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 54937
53931$1,320−5.7%
53946$1,060−24.3%
53963$1,060−24.3%
54904$1,170−16.4%
54932$1,160−17.1%
54935$1,180−15.7%
54936$1,220−12.9%
54937Current$1,400—
54964$1,260−10.0%
54971$1,060−24.3%
54974$1,190−15.0%
54979$1,460+4.3%

Questions about ZIP 54937 rents

How much will Section 8 pay for a two-bedroom in ZIP 54937?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,224, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,102 to $1,346 a month; under the ZIP-level Small Area FMR of $1,400 it would be $1,260 to $1,540. 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 54937 in?

ZIP 54937 is in the Fond du Lac, WI MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,224.

How much did fair market rent change in ZIP 54937 for FY 2027?

The two-bedroom FMR rose 5.3%, from $1,330 in FY 2026 to $1,400 in FY 2027. Since FY 2023 it has risen 33.3%.

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