FY2027 Small Area FMR · Kennan, WI
ZIP 54537 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 54537 (Kennan, WI) is $1,080 a month, up 8.0% from FY2026. That is 7% above the Price County, WI area-wide FMR of $1,014.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 54537 sits in the Price County, WI area
Of the 14 ZIP codes HUD lists for the area, 54537 has the 4th highest two-bedroom Small Area FMR. Price 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 $1,080 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $810 | $729 – $891 | $770 | $760 |
| 1 bedroom | $830 | $747 – $913 | $775 | $770 |
| 2 bedrooms | $1,080 | $972 – $1,188 | $1,014 | $1,000 |
| 3 bedrooms | $1,330 | $1,197 – $1,463 | $1,215 | $1,250 |
| 4 bedrooms | $1,420 | $1,278 – $1,562 | $1,333 | $1,350 |
A household renting a two-bedroom home at the Small Area FMR of $1,080 needs about $43,200 a year to keep housing costs at 30% of income. The area median family income is $81,800 and the 80% low-income limit for four people is $76,800. ZIP code 54537 lies mainly in Price County. See the Price County, WI county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 54537?
HUD's FY2027 Small Area Fair Market Rents for 54537 are $810 (studio), $830 (1 BR), $1,080 (2 BR), $1,330 (3 BR) and $1,420 (4 BR) a month.
What is the Section 8 payment standard in 54537?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 54537 that range is $972 to $1,188 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 54537?
The FY2026 income limits of the Price County, WI area apply: median family income $81,800, low-income (80%) limit $76,800 for a family of four.