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WI/Dane County/Cross Plains

Cross Plains, WI

CitySAFMR
Dane County
Found 1 ZIP

City Median Investment Score

43Below average

095130300
BRFMR
Eff. Rent
0 BR$1,150$1,150
1 BR$1,340$1,470
2 BR$1,530$1,660
3 BR$2,020$1,950
4 BR$2,260$2,060
5 BR$2,599Not available
6 BR$2,989Not available
7 BR$3,437Not available
8 BR$3,953Not available

Purchase Price Calculator

Maximum purchase price
$184,759

Cost breakdown

+Likely effective rent$1,660
HUD FMR$1,530
Market rent$1,730
Est. payment standard (108%)Used$1,660
-Principal and interest-$934
Loan amount$147,807
Down payment$36,952
Rate6.50%
Term30 years
-Operating costs-$526
Property taxes-$185
Insurance-$175
Utilities$0
HOA$0
Management-$166
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,702(72.3% ROI)
Projected value
$198,965
Return breakdown
Property appreciation+$14,206
Loan principal paid down+$5,296
Rental cash flow+$7,200
5-year hold
+$45,722(123.7% ROI)
Projected value
$209,038
Return breakdown
Property appreciation+$24,279
Loan principal paid down+$9,443
Rental cash flow+$12,000
10-year hold
+$98,250(265.9% ROI)
Projected value
$236,507
Return breakdown
Property appreciation+$51,748
Loan principal paid down+$22,502
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

1 BR
0.85
2 BR
0.88
3 BR
1.04
4 BR
1.10
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Cross Plains, WI fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Cross Plains, WI is $1,530 a month. That is down 5.0% from $1,610 in FY 2026. Cross Plains is in the Madison, 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 $1,565. The median county two-bedroom FMR in Wisconsin is $1,041, so Cross Plains is 47% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Cross Plains, WI
BedroomsFY 2027Change90–110% range
Studio$1,150−5.0%$1,035–$1,265
1BR$1,340−5.0%$1,206–$1,474
2BR$1,530−5.0%$1,377–$1,683
3BR$2,020−5.2%$1,818–$2,222
4BR$2,260−5.0%$2,034–$2,486

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Cross Plains, WI
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,150$1,340$1,530$2,020$2,260
FY 2026$1,210$1,410$1,610$2,130$2,380
FY 2025$1,030$1,230$1,410$1,850$2,070
FY 2024$950$1,120$1,300$1,710$1,880
FY 2023$960$1,130$1,320$1,730$1,960

Questions about Cross Plains, WI rents

How much will Section 8 pay for a two-bedroom in Cross Plains, WI?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,565, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,409 to $1,722 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 Cross Plains, WI in?

Cross Plains, WI is in the Madison, WI HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,565.

How much did fair market rent change in Cross Plains, WI for FY 2027?

The two-bedroom FMR fell 5.0%, from $1,610 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