FMR is near market; voucher and private rents are aligned.
1.01
1 BR
1 BR- 53501
0.87ratio
FMR$1,000
Market$1,150
vs market-$150
FMR is below market; voucher rent may lag private rents.
0.87
2 BR
2 BR- 53501
0.98ratio
FMR$1,280
Market$1,300
vs market-$20
FMR is near market; voucher and private rents are aligned.
0.98
3 BR
3 BR- 53501
1.09ratio
FMR$1,630
Market$1,500
vs market+$130
FMR is near market; voucher and private rents are aligned.
1.09
4 BR
4 BR- 53501
1.06ratio
FMR$1,690
Market$1,600
vs market+$90
FMR is near market; voucher and private rents are aligned.
1.06
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Afton, WI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Afton, WI is $1,280 a month. That is up 2.4% from $1,250 in FY 2026. Afton is in the Janesville-Beloit, WI MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,280. The median county two-bedroom FMR in Wisconsin is $1,041, so Afton is 23% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Afton, WI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$900
$980
+8.9%
$882–$1,078
1BR
$960
$1,000
+4.2%
$900–$1,100
2BR
$1,250
$1,280
+2.4%
$1,152–$1,408
3BR
$1,590
$1,630
+2.5%
$1,467–$1,793
4BR
$1,650
$1,690
+2.4%
$1,521–$1,859
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Afton, WI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$980
$1,000
$1,280
$1,630
$1,690
FY 2026
$900
$960
$1,250
$1,590
$1,650
FY 2025
$820
$870
$1,150
$1,500
$1,520
FY 2024
$790
$830
$1,090
$1,440
$1,520
FY 2023
$750
$770
$1,020
$1,360
$1,440
Questions about Afton, WI rents
How much will Section 8 pay for a two-bedroom in Afton, WI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,280, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,152 to $1,408 a month; under the ZIP-level Small Area FMR of $1,280 it would be $1,152 to $1,408. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Afton, WI in?
Afton, WI is in the Janesville-Beloit, WI MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,280.
How much did fair market rent change in Afton, WI for FY 2027?
The two-bedroom FMR rose 2.4%, from $1,250 in FY 2026 to $1,280 in FY 2027. Since FY 2023 it has risen 25.5%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set