FY2027 Small Area FMR · Sherwood, WI

ZIP 54169 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 54169 (Sherwood, WI) is $1,380 a month, up 1.5% from FY2026. That is 10% above the Appleton, WI area-wide FMR of $1,256.

2-bedroom SAFMR$1,380per month ▲ 1.5%

Area-wide 2 BR FMR$1,256Appleton, WI

Rank in the area6thof 40 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,242

2 BR Small Area FMR$1,380

110% of SAFMR$1,518

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

Studio$1,010▲ 7.4%

1 BR$1,080▲ 1.9%

2 BR$1,380▲ 1.5%

3 BR$1,910▲ 2.1%

4 BR$2,140▲ 9.7%

FY2027 FY2026

Where 54169 sits in the Appleton, WI area

Of the 40 ZIP codes HUD lists for the area, 54169 has the 6th highest two-bedroom Small Area FMR. Appleton, 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 $1,256 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,380 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	$1,010	$909 – $1,111	$918	$940
1 bedroom	$1,080	$972 – $1,188	$986	$1,060
2 bedrooms	$1,380	$1,242 – $1,518	$1,256	$1,360
3 bedrooms	$1,910	$1,719 – $2,101	$1,739	$1,870
4 bedrooms	$2,140	$1,926 – $2,354	$1,952	$1,950

A household renting a two-bedroom home at the Small Area FMR of $1,380 needs about $55,200 a year to keep housing costs at 30% of income. The area median family income is $111,200 and the 80% low-income limit for four people is $88,950. ZIP code 54169 lies mainly in Calumet County. See the Appleton, WI metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
54952	Menasha	2.9 mi	$1,190
54129	Hilbert	5.3 mi	$1,250
54915	Appleton	5.9 mi	$1,230
54113	Combined Locks	6.1 mi	$1,350
54136	Kimberly	6.9 mi	$1,250
54123	Forest Junction	7.2 mi	$1,120

Questions

What is the Fair Market Rent for ZIP code 54169?

HUD's FY2027 Small Area Fair Market Rents for 54169 are $1,010 (studio), $1,080 (1 BR), $1,380 (2 BR), $1,910 (3 BR) and $2,140 (4 BR) a month.

What is the Section 8 payment standard in 54169?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 54169 that range is $1,242 to $1,518 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 54169?

The FY2026 income limits of the Appleton, WI area apply: median family income $111,200, low-income (80%) limit $88,950 for a family of four.