FY2027 Small Area FMR · Appleton, WI

ZIP 54912 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 54912 (Appleton, WI) is $1,250 a month, up 1.6% from FY2026. That is 0% equal to the Appleton, WI area-wide FMR of $1,256.

2-bedroom SAFMR$1,250per month ▲ 1.6%

Area-wide 2 BR FMR$1,256Appleton, WI

Rank in the area15thof 40 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,125

2 BR Small Area FMR$1,250

110% of SAFMR$1,375

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

Studio$910▲ 7.1%

1 BR$980▲ 2.1%

2 BR$1,250▲ 1.6%

3 BR$1,730▲ 2.4%

4 BR$1,940▲ 9.6%

FY2027 FY2026

Where 54912 sits in the Appleton, WI area

Of the 40 ZIP codes HUD lists for the area, 54912 has the 15th highest two-bedroom Small Area FMR. Appleton, 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 $1,256 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,250 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	$910	$819 – $1,001	$918	$850
1 bedroom	$980	$882 – $1,078	$986	$960
2 bedrooms	$1,250	$1,125 – $1,375	$1,256	$1,230
3 bedrooms	$1,730	$1,557 – $1,903	$1,739	$1,690
4 bedrooms	$1,940	$1,746 – $2,134	$1,952	$1,770

A household renting a two-bedroom home at the Small Area FMR of $1,250 needs about $50,000 a year to keep housing costs at 30% of income. The area median family income is $111,200 and the 80% low-income limit for four people is $88,950. ZIP code 54912 lies mainly in Outagamie County. See the Appleton, WI metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
54106	Black Creek	4.8 mi	$1,120
54913	Appleton	6.4 mi	$1,520
54942	Greenville	9.3 mi	$1,400
54914	Appleton	9.4 mi	$1,200
54165	Seymour	9.9 mi	$1,120
54170	Shiocton	9.9 mi	$1,120

Questions

What is the Fair Market Rent for ZIP code 54912?

HUD's FY2027 Small Area Fair Market Rents for 54912 are $910 (studio), $980 (1 BR), $1,250 (2 BR), $1,730 (3 BR) and $1,940 (4 BR) a month.

What is the Section 8 payment standard in 54912?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 54912 that range is $1,125 to $1,375 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 54912?

The FY2026 income limits of the Appleton, WI area apply: median family income $111,200, low-income (80%) limit $88,950 for a family of four.