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Section 8 Fair Market Rent in Milwaukee-Waukesha, WI (FY2027)
HUD's official FY2027 Fair Market Rents for the Milwaukee-Waukesha, WI MSA, by bedroom count. These figures set the baseline for what the Housing Choice Voucher program pays landlords in this area.
| Unit size | FY2027 FMR | Payment standard range (90–110%) |
|---|---|---|
| Studio / efficiency | $985 | $887 – $1,084 |
| 1 bedroom | $1,060 | $954 – $1,166 |
| 2 bedrooms | $1,263 | $1,137 – $1,389 |
| 3 bedrooms | $1,553 | $1,398 – $1,708 |
| 4 bedrooms | $1,664 | $1,498 – $1,830 |
Source: HUD User — FY 2027 Fair Market Rents. FY2027 FMRs are effective October 1, 2026. FY2027 FMRs take effect October 1, 2026; until that date, the prior FY2026 schedule remains in effect. Retrieved 2026-09-07.
How this market compares
The 2-bedroom FMR here is $1,263 — 23% above the Wisconsin median of $1,027 across all 65 FMR areas in the state.
Counties and towns covered
The Milwaukee-Waukesha, WI FMR area is a metro area covering: Milwaukee County, Ozaukee County, Washington County, Waukesha County. One FMR applies across the whole area — HUD does not publish separate figures per city or ZIP here (some large metros have Small Area FMRs by ZIP; check with the local housing authority).
What a landlord actually collects
FMR is the baseline, not the contract rent. The local housing authority sets a payment standard between 90% and 110% of FMR (the range in the table above), and your unit must pass a rent-reasonableness comparison against similar unassisted rentals nearby. The voucher then covers the gap between the tenant's share (roughly 30% of their income) and the approved rent.
Run the numbers for a deal in Milwaukee-Waukesha: Section 8 vs market rent, DSCR, or cash-on-cash return.
Comparable Wisconsin markets by 2BR FMR
| FMR area | 1 BR | 2 BR | 3 BR |
|---|---|---|---|
| Eau Claire | $1,017 | $1,259 | $1,695 |
| Door County | $969 | $1,268 | $1,511 |
| Appleton | $986 | $1,256 | $1,739 |
| Janesville-Beloit | $998 | $1,280 | $1,621 |
| Racine-Mount Pleasant | $1,036 | $1,283 | $1,639 |
| Green Bay | $1,028 | $1,287 | $1,697 |
Informational only — not financial, legal, or lending advice. Confirm current payment standards with the housing authority serving Milwaukee-Waukesha.