FY2027 Small Area FMR · Stevens Point, WI

ZIP 54481 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 54481 (Stevens Point, WI) is $1,070 a month, up 3.9% from FY2026. That is 1% below the Portage County, WI area-wide FMR of $1,077.

2-bedroom SAFMR$1,070per month ▲ 3.9%

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

Rank in the area7thof 21 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$963

2 BR Small Area FMR$1,070

110% of SAFMR$1,177

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

Studio$750▲ 5.6%

1 BR$820▲ 3.8%

2 BR$1,070▲ 3.9%

3 BR$1,270▲ 3.3%

4 BR$1,410▲ 3.7%

FY2027 FY2026

Where 54481 sits in the Portage County, WI area

Of the 21 ZIP codes HUD lists for the area, 54481 has the 7th 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 $1,070 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	$750	$675 – $825	$750	$710
1 bedroom	$820	$738 – $902	$828	$790
2 bedrooms	$1,070	$963 – $1,177	$1,077	$1,030
3 bedrooms	$1,270	$1,143 – $1,397	$1,283	$1,230
4 bedrooms	$1,410	$1,269 – $1,551	$1,415	$1,360

A household renting a two-bedroom home at the Small Area FMR of $1,070 needs about $42,800 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 54481 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
54482	Stevens Point	6.1 mi	$1,170
54475	Rudolph	7.8 mi	$1,010
54467	Plover	8.3 mi	$1,210
54443	Junction City	8.8 mi	$1,040
54423	Custer	11.8 mi	$1,010
54494	Wisconsin Rapids	12.7 mi	$1,110

Questions

What is the Fair Market Rent for ZIP code 54481?

HUD's FY2027 Small Area Fair Market Rents for 54481 are $750 (studio), $820 (1 BR), $1,070 (2 BR), $1,270 (3 BR) and $1,410 (4 BR) a month.

What is the Section 8 payment standard in 54481?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 54481 that range is $963 to $1,177 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 54481?

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.