FY2027 Small Area FMR · Odanah, WI

ZIP 54861 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 54861 (Odanah, WI) is $1,070 a month, up 4.9% from FY2026. That is 6% above the Ashland County, WI area-wide FMR of $1,014.

2-bedroom SAFMR$1,070per month ▲ 4.9%

Area-wide 2 BR FMR$1,014Ashland County, WI

Rank in the area2ndof 11 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$963

2 BR Small Area FMR$1,070

110% of SAFMR$1,177

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

Studio$800▲ 5.3%

1 BR$810▲ 5.2%

2 BR$1,070▲ 4.9%

3 BR$1,460▲ 4.3%

4 BR$1,590▼ 3.0%

FY2027 FY2026

Where 54861 sits in the Ashland County, WI area

Of the 11 ZIP codes HUD lists for the area, 54861 has the 2nd highest two-bedroom Small Area FMR. Ashland 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 $1,070 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	$800	$720 – $880	$770	$760
1 bedroom	$810	$729 – $891	$775	$770
2 bedrooms	$1,070	$963 – $1,177	$1,014	$1,020
3 bedrooms	$1,460	$1,314 – $1,606	$1,404	$1,400
4 bedrooms	$1,590	$1,431 – $1,749	$1,543	$1,640

A household renting a two-bedroom home at the Small Area FMR of $1,070 needs about $42,800 a year to keep housing costs at 30% of income. The area median family income is $87,400 and the 80% low-income limit for four people is $76,800. ZIP code 54861 lies mainly in Ashland County. See the Ashland County, WI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
54806	Ashland	11.0 mi	$1,070
54559	Saxon	11.4 mi	$1,040
54891	Washburn	15.7 mi	$1,010
54846	High Bridge	16.6 mi	$1,040
54855	Marengo	18.0 mi	$1,010
54814	Bayfield	20.7 mi	$1,050

Questions

What is the Fair Market Rent for ZIP code 54861?

HUD's FY2027 Small Area Fair Market Rents for 54861 are $800 (studio), $810 (1 BR), $1,070 (2 BR), $1,460 (3 BR) and $1,590 (4 BR) a month.

What is the Section 8 payment standard in 54861?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 54861 that range is $963 to $1,177 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 54861?

The FY2026 income limits of the Ashland County, WI area apply: median family income $87,400, low-income (80%) limit $76,800 for a family of four.