FY2027 Small Area FMR · Amherst Junction, WI

ZIP 54407 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 54407 (Amherst Junction, WI) is $1,230 a month, up 6.0% from FY2026. That is 14% above the Portage County, WI area-wide FMR of $1,077.

2-bedroom SAFMR$1,230per month ▲ 6.0%

Area-wide 2 BR FMR$1,077Portage County, WI

Rank in the area2ndof 21 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,107

2 BR Small Area FMR$1,230

110% of SAFMR$1,353

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

Studio$860▲ 7.5%

1 BR$950▲ 6.7%

2 BR$1,230▲ 6.0%

3 BR$1,470▲ 5.8%

4 BR$1,620▲ 5.2%

FY2027 FY2026

Where 54407 sits in the Portage County, WI area

Of the 21 ZIP codes HUD lists for the area, 54407 has the 2nd highest two-bedroom Small Area FMR. Portage 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 $1,077 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,230 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	$860	$774 – $946	$750	$800
1 bedroom	$950	$855 – $1,045	$828	$890
2 bedrooms	$1,230	$1,107 – $1,353	$1,077	$1,160
3 bedrooms	$1,470	$1,323 – $1,617	$1,283	$1,390
4 bedrooms	$1,620	$1,458 – $1,782	$1,415	$1,540

A household renting a two-bedroom home at the Small Area FMR of $1,230 needs about $49,200 a year to keep housing costs at 30% of income. The area median family income is $106,300 and the 80% low-income limit for four people is $85,050. ZIP code 54407 lies mainly in Portage County. See the Portage County, WI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
54458	Nelsonville	2.7 mi	$1,010
54977	Scandinavia	7.3 mi	$1,040
54945	Iola	7.6 mi	$1,010
54423	Custer	7.8 mi	$1,010
54406	Amherst	8.4 mi	$1,030
54473	Rosholt	8.9 mi	$1,040

Questions

What is the Fair Market Rent for ZIP code 54407?

HUD's FY2027 Small Area Fair Market Rents for 54407 are $860 (studio), $950 (1 BR), $1,230 (2 BR), $1,470 (3 BR) and $1,620 (4 BR) a month.

What is the Section 8 payment standard in 54407?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 54407 that range is $1,107 to $1,353 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 54407?

The FY2026 income limits of the Portage County, WI area apply: median family income $106,300, low-income (80%) limit $85,050 for a family of four.