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Metro FMR area · WI · HUD FY 2027

Janesville-Beloit, WI Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Janesville-Beloit, WI area is $1,280 a month, 2% above the Wisconsin average and 27% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 22 ZIP codes range from $1,130 to $1,690.

  • $1,2802-bedroom FMR+$34 (+2.7%) vs FY 2026
  • $9981-bedroom FMRU.S.: $1,478
  • $51,200Income for a 2-bedroomat 30% of income
  • 164,350Residents1 county

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Default: the income a 2-bedroom here needs at 30%.

Rent you can afford at 30% of income$1,280/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Janesville-Beloit, WI FMR$1,280$51,200–
Wisconsin average$1,251$50,057–
U.S. average$1,761$70,432–
Janesville-Beloit, WI Fair Market Rents, FY 2027 vs FY 2026
UnitJanesville-Beloit, WI FY 2027FY 2026ChangeWisconsin avgU.S. avgIncome needed
Studio$976$900+$76 (+8.4%)$941$1,379$39,040
1 bedroom$998$955+$43 (+4.5%)$1,020$1,478$39,920
2 bedrooms$1,280$1,246+$34 (+2.7%)$1,251$1,761$51,200
3 bedrooms$1,621$1,596+$25 (+1.6%)$1,602$2,266$64,840
4 bedrooms$1,682$1,650+$32 (+1.9%)$1,759$2,607$67,280

Counties in this FMR area

Counties in the Janesville-Beloit, WI FMR area
CountyResidents in area
Rock County, WI164,350

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 $1,280.

FY 2027 Small Area Fair Market Rents, Janesville-Beloit, WI
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
53114$810$860$1,130$1,440$1,770+$60 (+5.6%)12% below
53190$820$900$1,170$1,490$1,810+$80 (+7.3%)9% below
53501$980$1,000$1,280$1,630$1,690+$30 (+2.4%)same
53502$820$860$1,130$1,440$1,490−$10 (−0.9%)12% below
53505$1,220$1,290$1,690$2,160$2,240−$180 (−9.6%)32% above
53511$980$1,010$1,290$1,630$1,700+$70 (+5.7%)1% above
53512$980$1,000$1,280$1,620$1,680+$30 (+2.4%)same
53520$810$860$1,130$1,440$1,490+$90 (+8.7%)12% below
53521$1,150$1,340$1,530$2,020$2,260+$20 (+1.3%)20% above
53525$970$1,000$1,280$1,620$1,770no changesame
53534$1,150$1,340$1,530$2,020$2,260+$170 (+12.5%)20% above
53536$960$980$1,260$1,600$1,660+$50 (+4.1%)2% below
53537$810$860$1,130$1,440$1,490+$80 (+7.6%)12% below
53538$820$940$1,180$1,600$1,610+$20 (+1.7%)8% below
53545$1,010$1,040$1,330$1,680$1,750+$70 (+5.6%)4% above
53546$990$1,010$1,300$1,650$1,710+$30 (+2.4%)2% above
53547$980$1,000$1,280$1,620$1,680+$30 (+2.4%)same
53548$970$990$1,270$1,610$1,670+$20 (+1.6%)1% below
53563$910$930$1,190$1,510$1,560−$20 (−1.7%)7% below
53576$1,050$1,080$1,380$1,750$1,810−$30 (−2.1%)8% above
53585$860$950$1,240$1,550$2,040+$110 (+9.7%)3% below
53589$1,150$1,340$1,530$2,020$2,260+$60 (+4.1%)20% above

Sources

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.