FY2027 Small Area FMR · Argonne, WI

ZIP 54511 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 54511 (Argonne, WI) is $1,050 a month, up 5.0% from FY2026. That is 4% above the Forest County, WI area-wide FMR of $1,014.

2-bedroom SAFMR$1,050per month ▲ 5.0%

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

Rank in the area3rdof 12 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$945

2 BR Small Area FMR$1,050

110% of SAFMR$1,155

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

Studio$760▲ 7.0%

1 BR$800▲ 5.3%

2 BR$1,050▲ 5.0%

3 BR$1,330▲ 9.9%

4 BR$1,410▲ 6.8%

FY2027 FY2026

Where 54511 sits in the Forest County, WI area

Of the 12 ZIP codes HUD lists for the area, 54511 has the 3rd highest two-bedroom Small Area FMR. Forest 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 $1,050 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	$760	$684 – $836	$732	$710
1 bedroom	$800	$720 – $880	$775	$760
2 bedrooms	$1,050	$945 – $1,155	$1,014	$1,000
3 bedrooms	$1,330	$1,197 – $1,463	$1,281	$1,210
4 bedrooms	$1,410	$1,269 – $1,551	$1,362	$1,320

A household renting a two-bedroom home at the Small Area FMR of $1,050 needs about $42,000 a year to keep housing costs at 30% of income. The area median family income is $76,900 and the 80% low-income limit for four people is $76,800. ZIP code 54511 lies mainly in Forest County. See the Forest County, WI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
54120	Fence	13.0 mi	$1,130
54562	Three Lakes	13.1 mi	$1,010
54520	Crandon	13.5 mi	$1,050
54542	Long Lake	13.6 mi	$1,110
54541	Laona	15.9 mi	$1,010
54103	Armstrong Creek	16.4 mi	$1,040

Questions

What is the Fair Market Rent for ZIP code 54511?

HUD's FY2027 Small Area Fair Market Rents for 54511 are $760 (studio), $800 (1 BR), $1,050 (2 BR), $1,330 (3 BR) and $1,410 (4 BR) a month.

What is the Section 8 payment standard in 54511?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 54511 that range is $945 to $1,155 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 54511?

The FY2026 income limits of the Forest County, WI area apply: median family income $76,900, low-income (80%) limit $76,800 for a family of four.