Pierce County, WI

2024 Fair Market Rents

Tags: 2024 Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area

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 Pierce County are River Falls, Ellsworth, Prescott, and Baldwin. 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 Pierce County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Pierce 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 Pierce County compare?

Pierce County ($1,622) has a 61.6% higher FMR for 2-Bedroom housing than the average of Wisconsin ($1,004) and therefore a higher gross rent.

Pierce County is rank 1st out of 72 counties. This means the FMRs, or in other words, the gross rent is higher than all other counties. Pierce County is the most expensive county in terms of FMRs.

Rent Tables Pierce County, WI

Fair Market Rent (40th Percentile)

$1,174
studio
$1,327
1-Bedroom
$1,622
2-Bedroom
$2,188
3-Bedroom
$2,478
4-Bedroom

Median Rent (50th Percentile)

$1,271
studio
$1,436
1-Bedroom
$1,756
2-Bedroom
$2,369
3-Bedroom
$2,683
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
54002 $1,000 $1,130 $1,380 $1,860 $2,110
54003 $1,170 $1,320 $1,610 $2,170 $2,460
54011 $910 $1,040 $1,270 $1,730 $1,990
54014 $920 $1,040 $1,270 $1,730 $1,990
54021 $1,020 $1,150 $1,410 $1,900 $2,150
54022 $930 $1,050 $1,280 $1,730 $1,990
54723 $910 $1,040 $1,270 $1,730 $1,990
54750 $910 $1,040 $1,270 $1,730 $1,990
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
54002 $900 $1,017 $1,242 $1,674 $1,899
54003 $1,053 $1,188 $1,449 $1,953 $2,214
54011 $819 $936 $1,143 $1,557 $1,791
54014 $828 $936 $1,143 $1,557 $1,791
54021 $918 $1,035 $1,269 $1,710 $1,935
54022 $837 $945 $1,152 $1,557 $1,791
54723 $819 $936 $1,143 $1,557 $1,791
54750 $819 $936 $1,143 $1,557 $1,791
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
54002 $1,100 $1,243 $1,518 $2,046 $2,321
54003 $1,287 $1,452 $1,771 $2,387 $2,706
54011 $1,001 $1,144 $1,397 $1,903 $2,189
54014 $1,012 $1,144 $1,397 $1,903 $2,189
54021 $1,122 $1,265 $1,551 $2,090 $2,365
54022 $1,023 $1,155 $1,408 $1,903 $2,189
54723 $1,001 $1,144 $1,397 $1,903 $2,189
54750 $1,001 $1,144 $1,397 $1,903 $2,189

Fair Market Rents on this page apply to the following cities in Pierce County, Wisconsin: River Falls, Ellsworth, Prescott, Baldwin, Hager City, Bay City, Maiden Rock, and Beldenville.

These Fair Market Rents also apply to the following ZIP codes in Pierce County, Wisconsin: 54022, 54011, 54021, 54002, 54014, 54723, 54750, and 54003.

Pierce County, WI is considered part of the following metro FMR area: MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI HUD METRO FMR AREA.

Other counties in the same metro FMR area are: St. Croix County, WI.

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