FY2027 Small Area FMR · Waukau, WI

ZIP 54980 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 54980 (Waukau, WI) is $1,230 a month, unchanged from FY2026. That is 3% above the Oshkosh-Neenah, WI area-wide FMR of $1,195.

2-bedroom SAFMR$1,230per month ■ 0.0%

Area-wide 2 BR FMR$1,195Oshkosh-Neenah, WI

Rank in the area5thof 21 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,107

2 BR Small Area FMR$1,230

110% of SAFMR$1,353

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

Studio$930■ 0.0%

1 BR$970▲ 2.1%

2 BR$1,230■ 0.0%

3 BR$1,650▲ 0.6%

4 BR$1,700▼ 3.4%

FY2027 FY2026

Where 54980 sits in the Oshkosh-Neenah, WI area

Of the 21 ZIP codes HUD lists for the area, 54980 has the 5th highest two-bedroom Small Area FMR. Oshkosh-Neenah, 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 $1,195 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,230 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	$930	$837 – $1,023	$909	$930
1 bedroom	$970	$873 – $1,067	$936	$950
2 bedrooms	$1,230	$1,107 – $1,353	$1,195	$1,230
3 bedrooms	$1,650	$1,485 – $1,815	$1,609	$1,640
4 bedrooms	$1,700	$1,530 – $1,870	$1,646	$1,760

A household renting a two-bedroom home at the Small Area FMR of $1,230 needs about $49,200 a year to keep housing costs at 30% of income. The area median family income is $100,500 and the 80% low-income limit for four people is $80,400. ZIP code 54980 lies mainly in Winnebago County. See the Oshkosh-Neenah, WI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
54963	Omro	4.2 mi	$1,220
54964	Pickett	5.0 mi	$1,260
54904	Oshkosh	7.6 mi	$1,170
54971	Ripon	9.2 mi	$1,060
54986	Winneconne	9.7 mi	$1,080
54923	Berlin	10.0 mi	$1,040

Questions

What is the Fair Market Rent for ZIP code 54980?

HUD's FY2027 Small Area Fair Market Rents for 54980 are $930 (studio), $970 (1 BR), $1,230 (2 BR), $1,650 (3 BR) and $1,700 (4 BR) a month.

What is the Section 8 payment standard in 54980?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 54980 that range is $1,107 to $1,353 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 54980?

The FY2026 income limits of the Oshkosh-Neenah, WI area apply: median family income $100,500, low-income (80%) limit $80,400 for a family of four.