FY2027 Small Area FMR · Vesper, WI

ZIP 54489 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 54489 (Vesper, WI) is $1,240 a month, up 8.8% from FY2026. That is 22% above the Wood County, WI area-wide FMR of $1,014.

2-bedroom SAFMR$1,240per month ▲ 8.8%

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

Rank in the area1stof 16 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,116

2 BR Small Area FMR$1,240

110% of SAFMR$1,364

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

Studio$890▲ 9.9%

1 BR$950▲ 9.2%

2 BR$1,240▲ 8.8%

3 BR$1,590▲ 11.2%

4 BR$1,660▲ 9.9%

FY2027 FY2026

Where 54489 sits in the Wood County, WI area

Of the 16 ZIP codes HUD lists for the area, 54489 has the 1st highest two-bedroom Small Area FMR. Wood 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 $1,240 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	$890	$801 – $979	$732	$810
1 bedroom	$950	$855 – $1,045	$775	$870
2 bedrooms	$1,240	$1,116 – $1,364	$1,014	$1,140
3 bedrooms	$1,590	$1,431 – $1,749	$1,299	$1,430
4 bedrooms	$1,660	$1,494 – $1,826	$1,357	$1,510

A household renting a two-bedroom home at the Small Area FMR of $1,240 needs about $49,600 a year to keep housing costs at 30% of income. The area median family income is $94,700 and the 80% low-income limit for four people is $76,800. ZIP code 54489 lies mainly in Wood County. See the Wood County, WI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
54410	Arpin	5.8 mi	$1,010
54495	Wisconsin Rapids	6.0 mi	$1,010
54469	Port Edwards	10.2 mi	$1,040
54475	Rudolph	10.5 mi	$1,010
54454	Milladore	11.7 mi	$1,010
54441	Hewitt	13.5 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 54489?

HUD's FY2027 Small Area Fair Market Rents for 54489 are $890 (studio), $950 (1 BR), $1,240 (2 BR), $1,590 (3 BR) and $1,660 (4 BR) a month.

What is the Section 8 payment standard in 54489?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 54489 that range is $1,116 to $1,364 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 54489?

The FY2026 income limits of the Wood County, WI area apply: median family income $94,700, low-income (80%) limit $76,800 for a family of four.