FY2027 Small Area FMR · Francis Creek, WI

ZIP 54214 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 54214 (Francis Creek, WI) is $1,040 a month, up 4.0% from FY2026. That is 3% above the Manitowoc County, WI area-wide FMR of $1,014.

2-bedroom SAFMR$1,040per month ▲ 4.0%

Area-wide 2 BR FMR$1,014Manitowoc County, WI

Rank in the area15thof 22 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$936

2 BR Small Area FMR$1,040

110% of SAFMR$1,144

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

Studio$790▲ 3.9%

1 BR$800▲ 5.3%

2 BR$1,040▲ 4.0%

3 BR$1,240▲ 3.3%

4 BR$1,370▲ 3.8%

FY2027 FY2026

Where 54214 sits in the Manitowoc County, WI area

Of the 22 ZIP codes HUD lists for the area, 54214 has the 15th highest two-bedroom Small Area FMR. Manitowoc County, 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 $1,014 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,040 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	$790	$711 – $869	$770	$760
1 bedroom	$800	$720 – $880	$775	$760
2 bedrooms	$1,040	$936 – $1,144	$1,014	$1,000
3 bedrooms	$1,240	$1,116 – $1,364	$1,208	$1,200
4 bedrooms	$1,370	$1,233 – $1,507	$1,333	$1,320

A household renting a two-bedroom home at the Small Area FMR of $1,040 needs about $41,600 a year to keep housing costs at 30% of income. The area median family income is $95,200 and the 80% low-income limit for four people is $76,800. ZIP code 54214 lies mainly in Manitowoc County. See the Manitowoc County, WI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
54247	Whitelaw	3.8 mi	$1,190
54215	Kellnersville	4.7 mi	$1,010
54241	Two Rivers	6.0 mi	$1,050
54228	Mishicot	6.4 mi	$1,010
54220	Manitowoc	6.6 mi	$1,010
54227	Maribel	7.5 mi	$1,050

Questions

What is the Fair Market Rent for ZIP code 54214?

HUD's FY2027 Small Area Fair Market Rents for 54214 are $790 (studio), $800 (1 BR), $1,040 (2 BR), $1,240 (3 BR) and $1,370 (4 BR) a month.

What is the Section 8 payment standard in 54214?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 54214 that range is $936 to $1,144 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 54214?

The FY2026 income limits of the Manitowoc County, WI area apply: median family income $95,200, low-income (80%) limit $76,800 for a family of four.