Iron County, WI

2025 Fair Market Rents

Tags: 2025 Wisconsin

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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 Iron County are Park Falls, Hurley, Mercer, and Montreal. 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 Iron County use?

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

Iron County ($933) has a 11.3% lower FMR for 2-Bedroom housing than the average of Wisconsin ($1,052) and therefore has a lower gross rent.

Iron 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. Iron County is the 27th cheapest county in terms of FMRs.

Rent Tables Iron County, WI

Fair Market Rent (40th Percentile)

$660
studio
$740
1-Bedroom
$933
2-Bedroom
$1,143
3-Bedroom
$1,422
4-Bedroom

Median Rent (50th Percentile)

$660
studio
$740
1-Bedroom
$933
2-Bedroom
$1,143
3-Bedroom
$1,422
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
54525 $740 $830 $1,050 $1,290 $1,600
54534 $660 $740 $930 $1,140 $1,420
54536 $700 $780 $980 $1,200 $1,490
54547 $790 $890 $1,120 $1,370 $1,710
54550 $740 $820 $1,040 $1,270 $1,590
54552 $700 $710 $930 $1,220 $1,260
54565 $660 $730 $930 $1,260 $1,520
54552 $700 $710 $930 $1,220 $1,260
54552 $700 $710 $930 $1,220 $1,260
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
54525 $666 $747 $945 $1,161 $1,440
54534 $594 $666 $837 $1,026 $1,278
54536 $630 $702 $882 $1,080 $1,341
54547 $711 $801 $1,008 $1,233 $1,539
54550 $666 $738 $936 $1,143 $1,431
54552 $630 $639 $837 $1,098 $1,134
54565 $594 $657 $837 $1,134 $1,368
54552 $630 $639 $837 $1,098 $1,134
54552 $630 $639 $837 $1,098 $1,134
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
54525 $814 $913 $1,155 $1,419 $1,760
54534 $726 $814 $1,023 $1,254 $1,562
54536 $770 $858 $1,078 $1,320 $1,639
54547 $869 $979 $1,232 $1,507 $1,881
54550 $814 $902 $1,144 $1,397 $1,749
54552 $770 $781 $1,023 $1,342 $1,386
54565 $726 $803 $1,023 $1,386 $1,672
54552 $770 $781 $1,023 $1,342 $1,386
54552 $770 $781 $1,023 $1,342 $1,386

Fair Market Rents on this page apply to the following cities in Iron County, Wisconsin: Park Falls, Hurley, Mercer, Montreal, Gile, Iron Belt, and Upson.

These Fair Market Rents also apply to the following ZIP codes in Iron County, Wisconsin: 54552, 54534, 54547, 54550, 54525, 54536, and 54565.

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Data Source

HUD Seal

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