FeaturesUse casesHow it worksPricingGuidesFAQAboutContactPro dashboardCheck a rent

Rent by ZIP · Iron County

Rent in Mercer, WI 54547

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,200 (+4.3% vs FY2026). Renters in this ZIP code pay a median $334 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$870$820+6.1%$783–957–
1 bedroom$980$900+8.9%$882–1,078$321 ±$18
2 bedrooms$1,200$1,150+4.3%$1,080–1,320–
3 bedrooms$1,490$1,430+4.2%$1,341–1,639–
4 bedrooms$1,900$1,770+7.3%$1,710–2,090–

Small Area FMRs for the Iron County, WI. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Iron County, WI, 2 bedrooms: $1,014.

What renters pay in 54547

Median gross rent$334±$83 · all sizes
Renter households7910% of occupied homes
No cash rent28households

How rents are spread

Under $1,000100%
$1,000–1,4990%
$1,500–1,9990%
$2,000–2,4990%
$2,500–2,9990%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
54546Mellen$1,010$592
54548Minocqua$1,090$929
54545Manitowish Waters$1,310$1,116
54550Montreal$1,190–
54542Long Lake$1,110–
54552Park Falls$1,030$963

Fair Market Rents across Iron County, WI · All WI counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.