Wisconsin · FIPS 55133 · HUD FY 2027
Waukesha County, Wisconsin Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Waukesha County is $1,263 a month (rent plus utilities), 1% above the Wisconsin average of $1,251 and 28% below the U.S. average of $1,761. That is down $75 (5.6%) from FY 2026. At 30% of income, a household needs about $50,520 a year to afford it.
- $1,2632-bedroom FMR−$75 (−5.6%) vs FY 2026
- $1,0601-bedroom FMRWisconsin: $1,020 · U.S.: $1,478
- $50,520Income for a 2-bedroom$24/hour full-time
- 12 of 722BR rank in Wisconsin1 = highest rent
| Unit | Waukesha County 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 |
How Waukesha County compares
- HUD sets this rent for the Milwaukee-Waukesha, WI metro FMR area, which covers 1,568,938 residents in 4 counties.
- Across Wisconsin, 2-bedroom FMRs run from $1,014 (Wood County) to $1,734 (Pierce County).
- Studio to 4-bedroom: $985, $1,060, $1,263, $1,553, $1,664. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 26 ZIP codes mostly in Waukesha County (by land area), the 2-bedroom figure ranges from $1,210 to $1,890.
Small Area FMRs by ZIP code in Waukesha County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 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 |
| 53018 | $1,370 | $1,480 | $1,760 | $2,160 | $2,320 | −$110 (−5.9%) | 39% above |
| 53029 | $1,010 | $1,090 | $1,300 | $1,600 | $1,710 | −$70 (−5.1%) | 3% above |
| 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 |
| 53058 | $1,220 | $1,310 | $1,560 | $1,920 | $2,070 | −$160 (−9.3%) | 24% 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 |
| 53089 | $1,160 | $1,250 | $1,490 | $1,830 | $1,960 | −$70 (−4.5%) | 18% above |
| 53103 | $940 | $1,020 | $1,210 | $1,490 | $1,610 | −$50 (−4.0%) | 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 |
| 53127 | $1,050 | $1,130 | $1,340 | $1,650 | $1,760 | −$60 (−4.3%) | 6% 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 |
| 53183 | $1,230 | $1,330 | $1,580 | $1,940 | $2,080 | −$130 (−7.6%) | 25% above |
| 53186 | $1,120 | $1,200 | $1,430 | $1,760 | $1,880 | −$30 (−2.1%) | 13% 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 |
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).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
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.