FY2027 Small Area FMR · Boulder Junction, WI

ZIP 54512 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 54512 (Boulder Junction, WI) is $1,170 a month, up 3.5% from FY2026. That is 14% above the Vilas County, WI area-wide FMR of $1,022.

2-bedroom SAFMR$1,170per month ▲ 3.5%

Area-wide 2 BR FMR$1,022Vilas County, WI

Rank in the area4thof 13 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,053

2 BR Small Area FMR$1,170

110% of SAFMR$1,287

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

Studio$840▼ 6.7%

1 BR$900▼ 1.1%

2 BR$1,170▲ 3.5%

3 BR$1,390▲ 3.0%

4 BR$1,540▲ 2.7%

FY2027 FY2026

Where 54512 sits in the Vilas County, WI area

Of the 13 ZIP codes HUD lists for the area, 54512 has the 4th highest two-bedroom Small Area FMR. Vilas 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 $1,022 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,170 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	$840	$756 – $924	$738	$900
1 bedroom	$900	$810 – $990	$788	$910
2 bedrooms	$1,170	$1,053 – $1,287	$1,022	$1,130
3 bedrooms	$1,390	$1,251 – $1,529	$1,218	$1,350
4 bedrooms	$1,540	$1,386 – $1,694	$1,343	$1,500

A household renting a two-bedroom home at the Small Area FMR of $1,170 needs about $46,800 a year to keep housing costs at 30% of income. The area median family income is $88,400 and the 80% low-income limit for four people is $76,800. ZIP code 54512 lies mainly in Vilas County. See the Vilas County, WI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
54560	Sayner	6.3 mi	$1,320
54561	Star Lake	7.0 mi	$1,150
54568	Woodruff	8.7 mi	$1,030
54557	Presque Isle	9.4 mi	$1,180
54545	Manitowish Waters	9.4 mi	$1,310
54558	Saint Germain	13.8 mi	$1,090

Questions

What is the Fair Market Rent for ZIP code 54512?

HUD's FY2027 Small Area Fair Market Rents for 54512 are $840 (studio), $900 (1 BR), $1,170 (2 BR), $1,390 (3 BR) and $1,540 (4 BR) a month.

What is the Section 8 payment standard in 54512?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 54512 that range is $1,053 to $1,287 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 54512?

The FY2026 income limits of the Vilas County, WI area apply: median family income $88,400, low-income (80%) limit $76,800 for a family of four.