FY2027 Small Area FMR · Fall Creek, WI

ZIP 54742 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 54742 (Fall Creek, WI) is $1,380 a month, up 0.7% from FY2026. That is 10% above the Eau Claire, WI area-wide FMR of $1,259.

2-bedroom SAFMR$1,380per month ▲ 0.7%

Area-wide 2 BR FMR$1,259Eau Claire, WI

Rank in the area2ndof 24 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,242

2 BR Small Area FMR$1,380

110% of SAFMR$1,518

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

Studio$1,110▲ 2.8%

1 BR$1,110▼ 0.9%

2 BR$1,380▲ 0.7%

3 BR$1,860▲ 1.1%

4 BR$1,860▲ 1.1%

FY2027 FY2026

Where 54742 sits in the Eau Claire, WI area

Of the 24 ZIP codes HUD lists for the area, 54742 has the 2nd 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 $1,380 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	$1,110	$999 – $1,221	$1,014	$1,080
1 bedroom	$1,110	$999 – $1,221	$1,017	$1,120
2 bedrooms	$1,380	$1,242 – $1,518	$1,259	$1,370
3 bedrooms	$1,860	$1,674 – $2,046	$1,695	$1,840
4 bedrooms	$1,860	$1,674 – $2,046	$1,701	$1,840

A household renting a two-bedroom home at the Small Area FMR of $1,380 needs about $55,200 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 54742 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

ZIP	Place	Distance	2 BR SAFMR
54720	Altoona	8.7 mi	$1,450
54722	Augusta	9.2 mi	$1,070
54701	Eau Claire	12.2 mi	$1,290
54703	Eau Claire	13.3 mi	$1,280
54729	Chippewa Falls	13.9 mi	$1,260
54727	Cadott	14.0 mi	$1,090

Questions

What is the Fair Market Rent for ZIP code 54742?

HUD's FY2027 Small Area Fair Market Rents for 54742 are $1,110 (studio), $1,110 (1 BR), $1,380 (2 BR), $1,860 (3 BR) and $1,860 (4 BR) a month.

What is the Section 8 payment standard in 54742?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 54742 that range is $1,242 to $1,518 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 54742?

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.