Metro FMR area · WI · HUD FY 2027
Milwaukee-Waukesha, WI Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Milwaukee-Waukesha, WI area is $1,263 a month, 1% above the Wisconsin average and 28% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 100 ZIP codes range from $1,210 to $1,890.
- $1,2632-bedroom FMR−$75 (−5.6%) vs FY 2026
- $1,0601-bedroom FMRU.S.: $1,478
- $50,520Income for a 2-bedroomat 30% of income
- 1,568,938Residents4 counties
| Unit | Milwaukee-Waukesha, WI FY 2027 | FY 2026 | Change | Wisconsin avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $985 | $1,027 | −$42 (−4.1%) | $941 | $1,379 | $39,400 |
| 1 bedroom | $1,060 | $1,119 | −$59 (−5.3%) | $1,020 | $1,478 | $42,400 |
| 2 bedrooms | $1,263 | $1,338 | −$75 (−5.6%) | $1,251 | $1,761 | $50,520 |
| 3 bedrooms | $1,553 | $1,648 | −$95 (−5.8%) | $1,602 | $2,266 | $62,120 |
| 4 bedrooms | $1,664 | $1,784 | −$120 (−6.7%) | $1,759 | $2,607 | $66,560 |
Counties in this FMR area
| County | Residents in area |
|---|---|
| Milwaukee County, WI | 926,331 |
| Ozaukee County, WI | 92,966 |
| Washington County, WI | 137,879 |
| Waukesha County, WI | 411,762 |
Small Area FMRs by ZIP code
Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,310.
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 53002 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | +$70 (+6.1%) | 4% below |
| 53004 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | +$10 (+0.8%) | 4% below |
| 53005 | $1,470 | $1,590 | $1,890 | $2,320 | $2,490 | −$120 (−6.0%) | 50% above |
| 53007 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | +$20 (+1.7%) | 4% below |
| 53008 | $1,150 | $1,230 | $1,470 | $1,810 | $1,940 | −$90 (−5.8%) | 16% above |
| 53010 | $930 | $1,010 | $1,230 | $1,570 | $1,740 | +$30 (+2.5%) | 3% below |
| 53012 | $940 | $1,020 | $1,210 | $1,490 | $1,610 | −$60 (−4.7%) | 4% below |
| 53013 | $930 | $1,010 | $1,270 | $1,520 | $1,710 | +$60 (+5.0%) | 1% above |
| 53017 | $1,190 | $1,280 | $1,530 | $1,880 | $2,010 | −$80 (−5.0%) | 21% above |
| 53018 | $1,370 | $1,480 | $1,760 | $2,160 | $2,320 | −$110 (−5.9%) | 39% above |
| 53021 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | −$20 (−1.6%) | 4% below |
| 53022 | $1,150 | $1,240 | $1,480 | $1,820 | $1,950 | −$100 (−6.3%) | 17% above |
| 53024 | $1,000 | $1,070 | $1,280 | $1,570 | $1,690 | −$30 (−2.3%) | 1% above |
| 53027 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | −$50 (−4.0%) | 4% below |
| 53029 | $1,010 | $1,090 | $1,300 | $1,600 | $1,710 | −$70 (−5.1%) | 3% above |
| 53033 | $1,340 | $1,440 | $1,720 | $2,110 | $2,270 | −$80 (−4.4%) | 36% above |
| 53036 | $950 | $1,080 | $1,360 | $1,830 | $1,850 | +$20 (+1.5%) | 8% above |
| 53037 | $1,010 | $1,090 | $1,300 | $1,600 | $1,710 | −$80 (−5.8%) | 3% above |
| 53040 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | +$30 (+2.5%) | 4% below |
| 53045 | $1,470 | $1,590 | $1,890 | $2,320 | $2,490 | −$120 (−6.0%) | 50% above |
| 53046 | $1,150 | $1,230 | $1,470 | $1,810 | $1,940 | −$70 (−4.5%) | 16% above |
| 53051 | $1,210 | $1,300 | $1,550 | $1,910 | $2,040 | −$90 (−5.5%) | 23% above |
| 53052 | $1,150 | $1,230 | $1,470 | $1,810 | $1,940 | −$90 (−5.8%) | 16% above |
| 53056 | $1,150 | $1,230 | $1,470 | $1,810 | $1,940 | −$90 (−5.8%) | 16% above |
| 53058 | $1,220 | $1,310 | $1,560 | $1,920 | $2,070 | −$160 (−9.3%) | 24% above |
| 53060 | $980 | $1,060 | $1,260 | $1,550 | $1,660 | −$80 (−6.0%) | about the same as |
| 53064 | $1,150 | $1,230 | $1,470 | $1,810 | $1,940 | −$90 (−5.8%) | 16% above |
| 53066 | $1,090 | $1,180 | $1,410 | $1,750 | $1,860 | −$60 (−4.1%) | 12% above |
| 53069 | $1,140 | $1,230 | $1,470 | $1,810 | $1,930 | −$90 (−5.8%) | 16% above |
| 53072 | $1,190 | $1,280 | $1,530 | $1,880 | $2,020 | −$80 (−5.0%) | 21% above |
| 53074 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | −$70 (−5.5%) | 4% below |
| 53075 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | +$70 (+6.1%) | 4% below |
| 53076 | $1,110 | $1,190 | $1,420 | $1,750 | $1,870 | −$90 (−6.0%) | 12% above |
| 53080 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | +$50 (+4.3%) | 4% below |
| 53086 | $940 | $1,010 | $1,210 | $1,490 | $1,610 | −$80 (−6.2%) | 4% below |
| 53089 | $1,160 | $1,250 | $1,490 | $1,830 | $1,960 | −$70 (−4.5%) | 18% above |
| 53090 | $990 | $1,070 | $1,270 | $1,560 | $1,670 | −$80 (−5.9%) | 1% above |
| 53091 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | +$70 (+6.1%) | 4% below |
| 53092 | $1,470 | $1,590 | $1,890 | $2,320 | $2,490 | −$120 (−6.0%) | 50% above |
| 53095 | $940 | $1,020 | $1,210 | $1,490 | $1,610 | −$40 (−3.2%) | 4% below |
| 53097 | $1,180 | $1,270 | $1,510 | $1,860 | $1,990 | −$100 (−6.2%) | 20% above |
| 53103 | $940 | $1,020 | $1,210 | $1,490 | $1,610 | −$50 (−4.0%) | 4% below |
| 53108 | $1,150 | $1,280 | $1,590 | $2,030 | $2,460 | +$200 (+14.4%) | 26% above |
| 53110 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | +$20 (+1.7%) | 4% below |
| 53118 | $1,120 | $1,210 | $1,440 | $1,790 | $1,910 | −$80 (−5.3%) | 14% above |
| 53119 | $930 | $1,010 | $1,210 | $1,490 | $1,770 | +$40 (+3.4%) | 4% below |
| 53122 | $1,450 | $1,560 | $1,860 | $2,290 | $2,450 | no change | 47% above |
| 53126 | $980 | $1,100 | $1,360 | $1,740 | $2,100 | +$80 (+6.2%) | 8% above |
| 53127 | $1,050 | $1,130 | $1,340 | $1,650 | $1,760 | −$60 (−4.3%) | 6% above |
| 53129 | $1,050 | $1,130 | $1,350 | $1,660 | $1,780 | −$60 (−4.3%) | 7% above |
| 53130 | $1,160 | $1,250 | $1,490 | $1,830 | $1,960 | −$140 (−8.6%) | 18% above |
| 53132 | $1,250 | $1,340 | $1,600 | $1,970 | $2,110 | −$30 (−1.8%) | 27% above |
| 53146 | $1,050 | $1,130 | $1,350 | $1,660 | $1,780 | −$90 (−6.2%) | 7% above |
| 53149 | $990 | $1,060 | $1,270 | $1,570 | $1,770 | −$70 (−5.2%) | 1% above |
| 53150 | $1,100 | $1,180 | $1,410 | $1,740 | $1,870 | −$90 (−6.0%) | 12% above |
| 53151 | $1,330 | $1,430 | $1,710 | $2,100 | $2,250 | −$120 (−6.6%) | 35% above |
| 53153 | $1,010 | $1,090 | $1,300 | $1,600 | $1,710 | −$20 (−1.5%) | 3% above |
| 53154 | $1,340 | $1,440 | $1,720 | $2,110 | $2,270 | −$50 (−2.8%) | 36% above |
| 53172 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | −$60 (−4.7%) | 4% below |
| 53178 | $930 | $1,040 | $1,310 | $1,770 | $1,790 | +$70 (+5.6%) | 4% above |
| 53183 | $1,230 | $1,330 | $1,580 | $1,940 | $2,080 | −$130 (−7.6%) | 25% above |
| 53185 | $1,050 | $1,170 | $1,450 | $1,850 | $2,240 | +$30 (+2.1%) | 15% above |
| 53186 | $1,120 | $1,200 | $1,430 | $1,760 | $1,880 | −$30 (−2.1%) | 13% above |
| 53187 | $1,150 | $1,230 | $1,470 | $1,810 | $1,940 | −$90 (−5.8%) | 16% above |
| 53188 | $1,190 | $1,280 | $1,520 | $1,870 | $2,000 | −$90 (−5.6%) | 20% above |
| 53189 | $1,070 | $1,150 | $1,370 | $1,680 | $1,800 | −$90 (−6.2%) | 8% above |
| 53201 | $960 | $1,030 | $1,230 | $1,510 | $1,620 | −$70 (−5.4%) | 3% below |
| 53202 | $1,470 | $1,590 | $1,890 | $2,320 | $2,490 | −$120 (−6.0%) | 50% above |
| 53203 | $1,470 | $1,590 | $1,890 | $2,320 | $2,490 | −$120 (−6.0%) | 50% above |
| 53204 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | +$70 (+6.1%) | 4% below |
| 53205 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | +$70 (+6.1%) | 4% below |
| 53206 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | +$70 (+6.1%) | 4% below |
| 53207 | $1,030 | $1,110 | $1,320 | $1,620 | $1,740 | −$40 (−2.9%) | 5% above |
| 53208 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | −$10 (−0.8%) | 4% below |
| 53209 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | +$10 (+0.8%) | 4% below |
| 53210 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | no change | 4% below |
| 53211 | $1,220 | $1,310 | $1,560 | $1,920 | $2,050 | −$80 (−4.9%) | 24% above |
| 53212 | $970 | $1,040 | $1,240 | $1,520 | $1,630 | −$40 (−3.1%) | 2% below |
| 53213 | $1,120 | $1,200 | $1,430 | $1,760 | $1,880 | −$40 (−2.7%) | 13% above |
| 53214 | $970 | $1,040 | $1,240 | $1,520 | $1,630 | −$70 (−5.3%) | 2% below |
| 53215 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | +$70 (+6.1%) | 4% below |
| 53216 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | +$70 (+6.1%) | 4% below |
| 53217 | $1,340 | $1,440 | $1,720 | $2,110 | $2,270 | −$110 (−6.0%) | 36% above |
| 53218 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | +$50 (+4.3%) | 4% below |
| 53219 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | −$30 (−2.4%) | 4% below |
| 53220 | $1,000 | $1,070 | $1,280 | $1,570 | $1,690 | −$60 (−4.5%) | 1% above |
| 53221 | $1,030 | $1,110 | $1,320 | $1,620 | $1,740 | −$50 (−3.6%) | 5% above |
| 53222 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | −$60 (−4.7%) | 4% below |
| 53223 | $980 | $1,060 | $1,260 | $1,550 | $1,660 | −$100 (−7.4%) | about the same as |
| 53224 | $1,010 | $1,080 | $1,290 | $1,590 | $1,700 | −$110 (−7.9%) | 2% above |
| 53225 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | −$20 (−1.6%) | 4% below |
| 53226 | $1,180 | $1,270 | $1,510 | $1,860 | $1,990 | −$30 (−1.9%) | 20% above |
| 53227 | $1,020 | $1,100 | $1,310 | $1,610 | $1,730 | −$60 (−4.4%) | 4% above |
| 53228 | $1,120 | $1,200 | $1,430 | $1,760 | $1,880 | −$80 (−5.3%) | 13% above |
| 53233 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | +$60 (+5.2%) | 4% below |
| 53234 | $960 | $1,030 | $1,230 | $1,510 | $1,620 | −$70 (−5.4%) | 3% below |
| 53235 | $930 | $1,010 | $1,210 | $1,490 | $1,610 | +$70 (+6.1%) | 4% below |
| 53237 | $960 | $1,030 | $1,230 | $1,510 | $1,620 | −$70 (−5.4%) | 3% below |
| 53278 | $960 | $1,030 | $1,230 | $1,510 | $1,620 | −$70 (−5.4%) | 3% below |
| 53295 | $970 | $1,040 | $1,240 | $1,520 | $1,630 | −$70 (−5.3%) | 2% below |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.