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Zip Codes in Wisconsin Where Section 8 Pays More Than Market Rent

53 of the 160 Wisconsin ZIP codes with data show a FY2027 voucher rent basis above the typical asking rent, topping out at +70%. Market rents as of June 2026.

Wisconsin premium ZIP codes, ranked

#ZIPLocationVoucher rent (2BR)Voucher rent (3BR)Typical market rentPremiumBasis
154446LoyalClark County$1,020$1,300$600+70%ZIP SAFMRAnalyze deal
254165SeymourOutagamie County$1,120$1,550$815+37%ZIP SAFMRAnalyze deal
354401WausauMarathon County$1,240$1,620$907+37%ZIP SAFMRAnalyze deal
454452MerrillLincoln County$1,040$1,360$773+35%ZIP SAFMRAnalyze deal
553203MilwaukeeMilwaukee County$1,890$2,320$1,486+27%ZIP SAFMRAnalyze deal
654603La CrosseLa Crosse County$1,210$1,550$951+27%ZIP SAFMRAnalyze deal
754751MenomonieDunn County$1,540$2,040$1,221+26%ZIP SAFMRAnalyze deal
854601La CrosseLa Crosse County$1,400$1,790$1,111+26%ZIP SAFMRAnalyze deal
953129GreendaleMilwaukee County$1,350$1,660$1,073+26%ZIP SAFMRAnalyze deal
1053545JanesvilleRock County$1,330$1,680$1,086+23%ZIP SAFMRAnalyze deal
1154701Eau ClaireEau Claire County$1,290$1,740$1,059+22%ZIP SAFMRAnalyze deal
1253089LisbonWaukesha County$1,490$1,830$1,228+21%ZIP SAFMRAnalyze deal
1354130KaukaunaOutagamie County$1,230$1,700$1,018+21%ZIP SAFMRAnalyze deal
1453206MilwaukeeMilwaukee County$1,210$1,490$1,011+20%ZIP SAFMRAnalyze deal
1553534EdgertonRock County$1,530$2,020$1,283+19%ZIP SAFMRAnalyze deal
1654403WausauMarathon County$1,220$1,590$1,032+18%ZIP SAFMRAnalyze deal
1754311BellevueBrown County$1,390$1,830$1,186+17%ZIP SAFMRAnalyze deal
1853548JanesvilleRock County$1,270$1,610$1,090+17%ZIP SAFMRAnalyze deal
1953083SheboyganSheboygan County$1,300$1,550$1,124+16%ZIP SAFMRAnalyze deal
2054302Green BayBrown County$1,130$1,490$980+15%ZIP SAFMRAnalyze deal
2154956NeenahWinnebago County$1,380$1,860$1,215+14%ZIP SAFMRAnalyze deal
2254304AshwaubenonBrown County$1,240$1,630$1,099+13%ZIP SAFMRAnalyze deal
2353572Blue MoundsDane County$1,530$2,020$1,365+12%ZIP SAFMRAnalyze deal
2454703Eau ClaireEau Claire County$1,280$1,720$1,142+12%ZIP SAFMRAnalyze deal
2553718MadisonDane County$1,850$2,420$1,655+12%ZIP SAFMRAnalyze deal
2653233MilwaukeeMilwaukee County$1,210$1,490$1,083+12%ZIP SAFMRAnalyze deal
2753719MadisonDane County$1,810$2,370$1,627+11%ZIP SAFMRAnalyze deal
2854935Fond du LacFond du Lac County$1,180$1,500$1,081+9%ZIP SAFMRAnalyze deal
2954650OnalaskaLa Crosse County$1,510$1,930$1,390+9%ZIP SAFMRAnalyze deal
3053186WaukeshaWaukesha County$1,430$1,760$1,321+8%ZIP SAFMRAnalyze deal
3153215MilwaukeeMilwaukee County$1,210$1,490$1,119+8%ZIP SAFMRAnalyze deal
3253404RacineRacine County$1,190$1,520$1,101+8%ZIP SAFMRAnalyze deal
3353713MadisonDane County$1,530$2,020$1,415+8%ZIP SAFMRAnalyze deal
3453211ShorewoodMilwaukee County$1,560$1,920$1,445+8%ZIP SAFMRAnalyze deal
3554720AltoonaEau Claire County$1,450$1,950$1,355+7%ZIP SAFMRAnalyze deal
3653715MadisonDane County$1,900$2,500$1,779+7%ZIP SAFMRAnalyze deal
3754301AllouezBrown County$1,260$1,660$1,184+6%ZIP SAFMRAnalyze deal
3853074Port WashingtonOzaukee County$1,210$1,490$1,140+6%ZIP SAFMRAnalyze deal
3953703MadisonDane County$1,870$2,450$1,762+6%ZIP SAFMRAnalyze deal
4054880SuperiorDouglas County$1,130$1,560$1,065+6%ZIP SAFMRAnalyze deal
4154303Green BayBrown County$1,210$1,600$1,141+6%ZIP SAFMRAnalyze deal
4253172South MilwaukeeMilwaukee County$1,210$1,490$1,148+5%ZIP SAFMRAnalyze deal
4353143KenoshaKenosha County$1,480$2,010$1,408+5%ZIP SAFMRAnalyze deal
4453562MiddletonDane County$1,630$2,130$1,554+5%ZIP SAFMRAnalyze deal
4553221MilwaukeeMilwaukee County$1,320$1,620$1,266+4%ZIP SAFMRAnalyze deal
4653228GreenfieldMilwaukee County$1,430$1,760$1,400+2%ZIP SAFMRAnalyze deal
4753150MuskegoWaukesha County$1,410$1,740$1,384+2%ZIP SAFMRAnalyze deal
4854494Wisconsin RapidsWood County$1,110$1,410$1,095+1%ZIP SAFMRAnalyze deal
4953714MadisonDane County$1,530$2,020$1,511+1%ZIP SAFMRAnalyze deal
5054476WestonMarathon County$1,230$1,610$1,214+1%ZIP SAFMRAnalyze deal
5154913AppletonOutagamie County$1,520$2,100$1,503+1%ZIP SAFMRAnalyze deal
5253527Cottage GroveDane County$1,760$2,320$1,745+1%ZIP SAFMRAnalyze deal
5354241Two RiversManitowoc County$1,050$1,400$1,048+0%ZIP SAFMRAnalyze deal

Premium compares the 2-bedroom voucher rent to the ZIP's typical asking rent across all home sizes. Rent data provided by Zillow Research.

How these numbers are calculated

  • Voucher rent is the HUD FY2027 2-bedroom Small Area Fair Market Rent (SAFMR) where it applies, otherwise the county or metro Fair Market Rent. This is the basis housing authorities use to set payment standards, typically 90 to 110 percent of it, and it is a gross rent that includes a utility allowance.
  • Typical market rent is the Zillow Observed Rent Index (ZORI) for the ZIP code as of June 2026, a smoothed measure of asking rents across all home types and sizes. Rent data provided by Zillow Research.
  • Premium compares the 2-bedroom voucher rent against that blended market figure, which is the conservative comparison. Premiums for 3 and 4 bedroom homes are often larger.
  • The premium is a screening signal, not a guarantee. Housing authorities run a rent reasonableness review against unassisted comparables before approving any contract rent, and the payment standard is a ceiling, not an entitlement. Always verify with the local housing authority.

Sources: HUD Fair Market Rents and Zillow Research (ZORI). FMRs effective October 1 each year; ZORI updates monthly.

Frequently asked questions

Which ZIP code in Wisconsin has the biggest Section 8 premium?
54446 (Loyal) currently shows the largest gap: the 2-bedroom voucher rent basis is $1,020 against a typical market rent of $600, a +70% premium.
How many ZIP codes in Wisconsin pay above market rent?
Of the 160 Wisconsin ZIP codes with both HUD and market rent data, 53 currently show a voucher rent basis above the typical asking rent.
Can I actually charge the full amount shown here?
Not automatically. The housing authority sets a payment standard between 90 and 110 percent of the FMR or SAFMR, and every lease passes a rent reasonableness review against comparable unassisted units. Treat the premium as a screening signal for where to look, then verify with the local housing authority.

More Wisconsin resources

Run the full numbers on a voucher deal

The Section 8 Investment Analyzer compares a voucher tenancy against a market tenancy side by side, with vacancy, lease-up lag, and inspection costs factored in. Free to use.

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