Bayfield County, WI

2024 Fair Market Rents

Tags: 2024 Wisconsin

Return to the state page to see where Wisconsin ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Bayfield County are Washburn, Solon Springs, Bayfield, and Iron River. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Bayfield County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Bayfield County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Bayfield County compare?

Bayfield County ($905) has a 9.9% lower FMR for 2-Bedroom housing than the average of Wisconsin ($1,004) and therefore has a lower gross rent.

Bayfield County is rank 46th out of 72 counties. This means the FMRs, or in other words, the gross rent is lower than 45 other counties. Bayfield County is the 27th cheapest county in terms of FMRs.

Rent Tables Bayfield County, WI

Fair Market Rent (40th Percentile)

$733
studio
$738
1-Bedroom
$905
2-Bedroom
$1,201
3-Bedroom
$1,205
4-Bedroom

Median Rent (50th Percentile)

$796
studio
$801
1-Bedroom
$982
2-Bedroom
$1,303
3-Bedroom
$1,308
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
54820 $710 $780 $1,000 $1,330 $1,700
54838 $760 $870 $1,110 $1,480 $1,880
54873 $710 $760 $980 $1,300 $1,620
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
54820 $639 $702 $900 $1,197 $1,530
54838 $684 $783 $999 $1,332 $1,692
54873 $639 $684 $882 $1,170 $1,458
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
54820 $781 $858 $1,100 $1,463 $1,870
54838 $836 $957 $1,221 $1,628 $2,068
54873 $781 $836 $1,078 $1,430 $1,782

Fair Market Rents on this page apply to the following cities in Bayfield County, Wisconsin: Washburn, Solon Springs, Bayfield, Iron River, Cable, Gordon, Brule, Benoit, Cornucopia, Drummond, Grand View, Herbster, and Port Wing.

These Fair Market Rents also apply to the following ZIP codes in Bayfield County, Wisconsin: 54891, 54873, 54814, 54847, 54821, 54838, 54820, 54816, 54827, 54832, 54839, 54844, and 54865.

More on Bayfield County, WI

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.