Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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Black Earth, WI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Black Earth, WI is $1,530 a month. That is up 15.0% from $1,330 in FY 2026. Black Earth is in the Iowa County, WI HUD Metro FMR Area. 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 $1,093. The median county two-bedroom FMR in Wisconsin is $1,041, so Black Earth is 47% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Black Earth, WI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$980
$1,150
+17.3%
$1,035–$1,265
1BR
$1,160
$1,340
+15.5%
$1,206–$1,474
2BR
$1,330
$1,530
+15.0%
$1,377–$1,683
3BR
$1,750
$2,020
+15.4%
$1,818–$2,222
4BR
$1,950
$2,260
+15.9%
$2,034–$2,486
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Black Earth, WI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,150
$1,340
$1,530
$2,020
$2,260
FY 2026
$980
$1,160
$1,330
$1,750
$1,950
FY 2025
$910
$1,070
$1,240
$1,630
$1,790
FY 2024
$910
$1,070
$1,250
$1,630
$1,840
FY 2023
$840
$970
$1,130
$1,510
$1,760
Questions about Black Earth, WI rents
How much will Section 8 pay for a two-bedroom in Black Earth, WI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,093, which applies unless the housing authority uses Small Area FMRs, that basic range is $984 to $1,202 a month; under the ZIP-level Small Area FMR of $1,530 it would be $1,377 to $1,683. 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 Black Earth, WI in?
Black Earth, WI is in the Iowa County, WI HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,093.
How much did fair market rent change in Black Earth, WI for FY 2027?
The two-bedroom FMR rose 15.0%, from $1,330 in FY 2026 to $1,530 in FY 2027. Since FY 2023 it has risen 35.4%.
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