Income Limits by County

FY2027 Small Area FMR · Eau Claire, WI

ZIP 54702 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 54702 (Eau Claire, WI) is $1,270 a month, up 7.6% from FY2026. That is 1% above the Eau Claire, WI area-wide FMR of $1,259.

2-bedroom SAFMR$1,270per month ▲ 7.6%
Area-wide 2 BR FMR$1,259Eau Claire, WI
Rank in the area5thof 24 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,143
2 BR Small Area FMR$1,270
110% of SAFMR$1,397

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

FY2027 FY2026

Where 54702 sits in the Eau Claire, WI area

$1,070$1,450median $1,075

Of the 24 ZIP codes HUD lists for the area, 54702 has the 5th highest two-bedroom Small Area FMR. Eau Claire, 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 $1,259 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,270 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$1,020$918 – $1,122$1,014$930
1 bedroom$1,030$927 – $1,133$1,017$960
2 bedrooms$1,270$1,143 – $1,397$1,259$1,180
3 bedrooms$1,710$1,539 – $1,881$1,695$1,580
4 bedrooms$1,720$1,548 – $1,892$1,701$1,590

A household renting a two-bedroom home at the Small Area FMR of $1,270 needs about $50,800 a year to keep housing costs at 30% of income. The area median family income is $101,300 and the 80% low-income limit for four people is $81,050. ZIP code 54702 lies mainly in Eau Claire County. See the Eau Claire, WI metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
54703Eau Claire1.9 mi$1,280
54720Altoona3.1 mi$1,450
54701Eau Claire4.2 mi$1,290
54739Elk Mound10.5 mi$1,200
54729Chippewa Falls10.6 mi$1,260
54742Fall Creek11.8 mi$1,380

Questions

What is the Fair Market Rent for ZIP code 54702?

HUD's FY2027 Small Area Fair Market Rents for 54702 are $1,020 (studio), $1,030 (1 BR), $1,270 (2 BR), $1,710 (3 BR) and $1,720 (4 BR) a month.

What is the Section 8 payment standard in 54702?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 54702 that range is $1,143 to $1,397 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 54702?

The FY2026 income limits of the Eau Claire, WI area apply: median family income $101,300, low-income (80%) limit $81,050 for a family of four.