Income Limits by County

FY2027 Small Area FMR · Prentice, WI

ZIP 54556 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 54556 (Prentice, WI) is $1,010 a month, up 3.1% from FY2026. That is 0% equal to the Price County, WI area-wide FMR of $1,014.

2-bedroom SAFMR$1,010per month ▲ 3.1%
Area-wide 2 BR FMR$1,014Price County, WI
Rank in the area10thof 14 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909
2 BR Small Area FMR$1,010
110% of SAFMR$1,111

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

FY2027 FY2026

Where 54556 sits in the Price County, WI area

$1,010$1,190median $1,030

Of the 14 ZIP codes HUD lists for the area, 54556 has the 10th 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 $1,010 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$770$693 – $847$770$740
1 bedroom$780$702 – $858$775$750
2 bedrooms$1,010$909 – $1,111$1,014$980
3 bedrooms$1,220$1,098 – $1,342$1,215$1,220
4 bedrooms$1,340$1,206 – $1,474$1,333$1,300

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 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 54556 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

ZIPPlaceDistance2 BR SAFMR
54513Brantwood8.2 mi$1,070
54459Ogema9.0 mi$1,140
54515Catawba9.5 mi$1,190
54555Phillips12.8 mi$1,030
54490Westboro14.0 mi$1,070
54537Kennan14.8 mi$1,080

Questions

What is the Fair Market Rent for ZIP code 54556?

HUD's FY2027 Small Area Fair Market Rents for 54556 are $770 (studio), $780 (1 BR), $1,010 (2 BR), $1,220 (3 BR) and $1,340 (4 BR) a month.

What is the Section 8 payment standard in 54556?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 54556 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 54556?

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.