FY2027 Small Area FMR · Port Wing, WI

ZIP 54865 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 54865 (Port Wing, WI) is $1,010 a month, up 4.1% from FY2026. That is 0% equal to the Bayfield County, WI area-wide FMR of $1,014.

2-bedroom SAFMR$1,010per month ▲ 4.1%

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

Rank in the area12thof 16 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.

Studio$710▲ 6.0%

1 BR$780▲ 5.4%

2 BR$1,010▲ 4.1%

3 BR$1,340▲ 4.7%

4 BR$1,340▲ 3.9%

FY2027 FY2026

Where 54865 sits in the Bayfield County, WI area

Of the 16 ZIP codes HUD lists for the area, 54865 has the 12th highest two-bedroom Small Area FMR. Bayfield 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
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$710	$639 – $781	$706	$670
1 bedroom	$780	$702 – $858	$775	$740
2 bedrooms	$1,010	$909 – $1,111	$1,014	$970
3 bedrooms	$1,340	$1,206 – $1,474	$1,328	$1,280
4 bedrooms	$1,340	$1,206 – $1,474	$1,333	$1,290

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 $91,600 and the 80% low-income limit for four people is $76,800. ZIP code 54865 lies mainly in Bayfield County. See the Bayfield County, WI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
54844	Herbster	8.1 mi	$1,010
54847	Iron River	11.1 mi	$1,040
54827	Cornucopia	13.6 mi	$1,040
54820	Brule	14.6 mi	$1,110
54854	Maple	15.2 mi	$1,110
54891	Washburn	19.6 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 54865?

HUD's FY2027 Small Area Fair Market Rents for 54865 are $710 (studio), $780 (1 BR), $1,010 (2 BR), $1,340 (3 BR) and $1,340 (4 BR) a month.

What is the Section 8 payment standard in 54865?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 54865 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 54865?

The FY2026 income limits of the Bayfield County, WI area apply: median family income $91,600, low-income (80%) limit $76,800 for a family of four.