FY2027 Small Area FMR · Greenwood, WI

ZIP 54437 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 54437 (Greenwood, WI) is $1,010 a month, up 4.1% from FY2026. That is 0% equal to the Clark County, WI area-wide FMR of $1,014.

2-bedroom SAFMR$1,010per month ▲ 4.1%

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

Rank in the area17thof 21 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909

2 BR Small Area FMR$1,010

110% of SAFMR$1,111

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

Studio$820▲ 13.9%

1 BR$830▲ 10.7%

2 BR$1,010▲ 4.1%

3 BR$1,300▲ 4.8%

4 BR$1,460▲ 4.3%

FY2027 FY2026

Where 54437 sits in the Clark County, WI area

Of the 21 ZIP codes HUD lists for the area, 54437 has the 17th highest two-bedroom Small Area FMR. Clark 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 $1,010 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	$820	$738 – $902	$820	$720
1 bedroom	$830	$747 – $913	$825	$750
2 bedrooms	$1,010	$909 – $1,111	$1,014	$970
3 bedrooms	$1,300	$1,170 – $1,430	$1,292	$1,240
4 bedrooms	$1,460	$1,314 – $1,606	$1,450	$1,400

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $88,000 and the 80% low-income limit for four people is $76,800. ZIP code 54437 lies mainly in Clark County. See the Clark County, WI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
54446	Loyal	8.2 mi	$1,020
54493	Willard	10.5 mi	$1,350
54460	Owen	11.9 mi	$1,030
54771	Thorp	14.2 mi	$1,060
54479	Spencer	14.7 mi	$1,040
54488	Unity	15.1 mi	$1,040

Questions

What is the Fair Market Rent for ZIP code 54437?

HUD's FY2027 Small Area Fair Market Rents for 54437 are $820 (studio), $830 (1 BR), $1,010 (2 BR), $1,300 (3 BR) and $1,460 (4 BR) a month.

What is the Section 8 payment standard in 54437?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 54437 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 54437?

The FY2026 income limits of the Clark County, WI area apply: median family income $88,000, low-income (80%) limit $76,800 for a family of four.