FMR is below market; voucher rent may lag private rents.
0.87
1 BR
1 BR- 53521
1.02ratio
FMR$1,340
Market$1,320
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.02
2 BR
2 BR- 53521
0.92ratio
FMR$1,530
Market$1,660
vs market-$130
FMR is near market; voucher and private rents are aligned.
0.92
3 BR
3 BR- 53521
1.06ratio
FMR$2,020
Market$1,900
vs market+$120
FMR is near market; voucher and private rents are aligned.
1.06
4 BR
4 BR- 53521
1.14ratio
FMR$2,260
Market$1,980
vs market+$280
FMR is above market; underwrite to market rent.
1.14
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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Brooklyn, WI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Brooklyn, WI is $1,530 a month. That is up 1.3% from $1,510 in FY 2026. Brooklyn 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 Brooklyn is 47% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Brooklyn, WI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,110
$1,150
+3.6%
$1,035–$1,265
1BR
$1,240
$1,340
+8.1%
$1,206–$1,474
2BR
$1,510
$1,530
+1.3%
$1,377–$1,683
3BR
$1,910
$2,020
+5.8%
$1,818–$2,222
4BR
$2,120
$2,260
+6.6%
$2,034–$2,486
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Brooklyn, WI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,150
$1,340
$1,530
$2,020
$2,260
FY 2026
$1,110
$1,240
$1,510
$1,910
$2,120
FY 2025
$960
$1,090
$1,350
$1,700
$1,870
FY 2024
$940
$1,070
$1,290
$1,640
$1,840
FY 2023
$970
$1,060
$1,320
$1,670
$1,860
Questions about Brooklyn, WI rents
How much will Section 8 pay for a two-bedroom in Brooklyn, 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 $1,530 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 Brooklyn, WI in?
Brooklyn, 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 Brooklyn, WI for FY 2027?
The two-bedroom FMR rose 1.3%, from $1,510 in FY 2026 to $1,530 in FY 2027. Since FY 2023 it has risen 15.9%.
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