FY2027 Small Area FMR · Woodville, WI

ZIP 54028 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 54028 (Woodville, WI) is $1,540 a month, up 1.3% from FY2026. That is 11% below the Minneapolis-St. Paul-Bloomington, MN-WI area-wide FMR of $1,734.

2-bedroom SAFMR$1,540per month ▲ 1.3%

Area-wide 2 BR FMR$1,734Minneapolis-St. Paul-Bloomin

Rank in the area158thof 246 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,386

2 BR Small Area FMR$1,540

110% of SAFMR$1,694

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

Studio$1,120▲ 1.8%

1 BR$1,270▲ 1.6%

2 BR$1,540▲ 1.3%

3 BR$2,040▲ 1.0%

4 BR$2,280▲ 0.4%

FY2027 FY2026

Where 54028 sits in the Minneapolis-St. Paul-Bloomington, MN-WI area

Of the 246 ZIP codes HUD lists for the area, 54028 has the 158th 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 $1,540 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,120	$1,008 – $1,232	$1,265	$1,100
1 bedroom	$1,270	$1,143 – $1,397	$1,427	$1,250
2 bedrooms	$1,540	$1,386 – $1,694	$1,734	$1,520
3 bedrooms	$2,040	$1,836 – $2,244	$2,264	$2,020
4 bedrooms	$2,280	$2,052 – $2,508	$2,538	$2,270

A household renting a two-bedroom home at the Small Area FMR of $1,540 needs about $61,600 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 54028 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

ZIP	Place	Distance	2 BR SAFMR
54002	Baldwin	4.2 mi	$1,540
54027	Wilson	5.1 mi	$1,540
54015	Hammond	8.4 mi	$1,540
54749	Knapp	8.6 mi	$1,540
54767	Spring Valley	9.1 mi	$1,540
54013	Glenwood City	9.2 mi	$1,540

Questions

What is the Fair Market Rent for ZIP code 54028?

HUD's FY2027 Small Area Fair Market Rents for 54028 are $1,120 (studio), $1,270 (1 BR), $1,540 (2 BR), $2,040 (3 BR) and $2,280 (4 BR) a month.

What is the Section 8 payment standard in 54028?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 54028 that range is $1,386 to $1,694 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 54028?

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.