Income Limits by County

FY2027 Small Area FMR · Hudson, WI

ZIP 54016 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 54016 (Hudson, WI) is $1,690 a month, down 1.2% from FY2026. That is 3% below the Minneapolis-St. Paul-Bloomington, MN-WI area-wide FMR of $1,734.

2-bedroom SAFMR$1,690per month ▼ 1.2%
Area-wide 2 BR FMR$1,734Minneapolis-St. Paul-Bloomin
Rank in the area117thof 246 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,521
2 BR Small Area FMR$1,690
110% of SAFMR$1,859

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

FY2027 FY2026

Where 54016 sits in the Minneapolis-St. Paul-Bloomington, MN-WI area

$1,540$2,600median $1,665

Of the 246 ZIP codes HUD lists for the area, 54016 has the 117th highest two-bedroom Small Area FMR. Minneapolis-St. Paul-Bloomington, MN-WI is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,734 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,690 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$1,230$1,107 – $1,353$1,265$1,240
1 bedroom$1,390$1,251 – $1,529$1,427$1,410
2 bedrooms$1,690$1,521 – $1,859$1,734$1,710
3 bedrooms$2,210$1,989 – $2,431$2,264$2,260
4 bedrooms$2,470$2,223 – $2,717$2,538$2,530

A household renting a two-bedroom home at the Small Area FMR of $1,690 needs about $67,600 a year to keep housing costs at 30% of income. The area median family income is $131,500 and the 80% low-income limit for four people is $105,200. ZIP code 54016 lies mainly in St. Croix County. See the Minneapolis-St. Paul-Bloomington, MN-WI metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
55003Bayport4.5 mi$1,610
55043Lakeland4.6 mi$1,880
54082Houlton6.7 mi$1,570
54023Roberts6.8 mi$1,920
55001Afton8.3 mi$1,770
55082Stillwater9.5 mi$1,700

Questions

What is the Fair Market Rent for ZIP code 54016?

HUD's FY2027 Small Area Fair Market Rents for 54016 are $1,230 (studio), $1,390 (1 BR), $1,690 (2 BR), $2,210 (3 BR) and $2,470 (4 BR) a month.

What is the Section 8 payment standard in 54016?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 54016 that range is $1,521 to $1,859 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 54016?

The FY2026 income limits of the Minneapolis-St. Paul-Bloomington, MN-WI area apply: median family income $131,500, low-income (80%) limit $105,200 for a family of four.