FMR is near market; voucher and private rents are aligned.
0.90
2 BR
2 BR- 54720
1.06ratio
FMR$1,450
Market$1,370
vs market+$80
FMR is near market; voucher and private rents are aligned.
1.06
3 BR
3 BR- 54720
1.15ratio
FMR$1,950
Market$1,700
vs market+$250
FMR is above market; underwrite to market rent.
1.15
4 BR
4 BR- 54720
0.93ratio
FMR$1,960
Market$2,110
vs market-$150
FMR is near market; voucher and private rents are aligned.
0.93
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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Altoona, WI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Altoona, WI is $1,450 a month. That is up 13.3% from $1,280 in FY 2026. Altoona is in the Eau Claire, 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 $1,259. The median county two-bedroom FMR in Wisconsin is $1,041, so Altoona is 39% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Altoona, WI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,010
$1,170
+15.8%
$1,053–$1,287
1BR
$1,040
$1,170
+12.5%
$1,053–$1,287
2BR
$1,280
$1,450
+13.3%
$1,305–$1,595
3BR
$1,710
$1,950
+14.0%
$1,755–$2,145
4BR
$1,720
$1,960
+14.0%
$1,764–$2,156
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Altoona, WI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,170
$1,170
$1,450
$1,950
$1,960
FY 2026
$1,010
$1,040
$1,280
$1,710
$1,720
FY 2025
$830
$890
$1,090
$1,500
$1,580
FY 2024
$760
$810
$1,010
$1,390
$1,510
FY 2023
$620
$700
$890
$1,210
$1,390
Questions about Altoona, WI rents
How much will Section 8 pay for a two-bedroom in Altoona, WI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,259, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,133 to $1,385 a month; under the ZIP-level Small Area FMR of $1,450 it would be $1,305 to $1,595. 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 Altoona, WI in?
Altoona, WI is in the Eau Claire, WI MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,259.
How much did fair market rent change in Altoona, WI for FY 2027?
The two-bedroom FMR rose 13.3%, from $1,280 in FY 2026 to $1,450 in FY 2027. Since FY 2023 it has risen 62.9%.
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