WI/Dane County/MADISON
MADISON, WI
CitySAFMR
Dane County
Found 24 ZIPs
BRFMR
Eff. Rent
0 BR$1,120 – $1,570$1,050 – $1,570
1 BR$1,310 – $1,840$1,310 – $1,740
2 BR$1,500 – $2,100$1,500 – $2,100
3 BR$1,980 – $2,770$1,980 – $2,770
4 BR$2,220 – $3,110$2,200 – $3,110
5 BR$2,875
6 BR$3,306
7 BR$3,802
8 BR$4,373

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 1 ZIP
0.42ratio
FMR$1,450
Market$3,440
vs market-$1,990

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

Studio· 2 ZIPs
0.78–0.79ratio range
Median FMR$1,345
Median Market$1,715
vs market-$370

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

Studio· 6 ZIPs
0.83–0.85ratio range
Median FMR$1,270
Median Market$1,500
vs market-$230

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

6
Studio· 1 ZIP
0.89ratio
FMR$1,330
Market$1,490
vs market-$160

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

Studio· 2 ZIPs
0.91–0.94ratio range
Median FMR$1,310
Median Market$1,415
vs market-$105

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

Studio· 2 ZIPs
0.95–0.97ratio range
Median FMR$1,280
Median Market$1,335
vs market-$55

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

Studio· 1 ZIP
1.01ratio
FMR$1,160
Market$1,150
vs market+$10

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

Studio· 1 ZIP
1.08ratio
FMR$1,410
Market$1,310
vs market+$100

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

Studio· 1 ZIP
1.15ratio
FMR$1,210
Market$1,050
vs market+$160

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

Studio· 1 ZIP
1.24ratio
FMR$1,510
Market$1,220
vs market+$290

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

Studio· 1 ZIP
1.34ratio
FMR$1,490
Market$1,110
vs market+$380

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.42–1.34
1 BR
1 BR· 1 ZIP
0.75ratio
FMR$1,310
Market$1,740
vs market-$430

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1 BR· 1 ZIP
0.84ratio
FMR$1,360
Market$1,620
vs market-$260

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1 BR· 1 ZIP
0.88ratio
FMR$1,430
Market$1,630
vs market-$200

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

1 BR· 3 ZIPs
0.95–0.97ratio range
Median FMR$1,480
Median Market$1,520
vs market-$40

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1 BR· 7 ZIPs
0.98–1.02ratio range
Median FMR$1,480
Median Market$1,510
vs market-$30

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

7
1 BR· 1 ZIP
1.06ratio
FMR$1,500
Market$1,420
vs market+$80

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1 BR· 3 ZIPs
1.07–1.09ratio range
Median FMR$1,650
Median Market$1,540
vs market+$110

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1 BR· 1 ZIP
1.15ratio
FMR$1,690
Market$1,470
vs market+$220

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1 BR· 1 ZIP
1.34ratio
FMR$1,840
Market$1,370
vs market+$470

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.75–1.34
2 BR
2 BR· 8 ZIPs
0.75–0.77ratio range
Median FMR$1,690
Median Market$2,210
vs market-$520

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

8
2 BR· 3 ZIPs
0.79–0.81ratio range
Median FMR$1,620
Median Market$2,010
vs market-$390

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2 BR· 2 ZIPs
0.82–0.85ratio range
Median FMR$1,910
Median Market$2,290
vs market-$380

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2 BR· 2 ZIPs
0.87–0.88ratio range
Median FMR$1,695
Median Market$1,935
vs market-$240

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

2 BR· 1 ZIP
0.93ratio
FMR$2,100
Market$2,270
vs market-$170

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

2 BR· 3 ZIPs
0.99–1.01ratio range
Median FMR$1,990
Median Market$2,010
vs market-$20

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.75–1.01
3 BR
3 BR· 7 ZIPs
0.69–0.72ratio range
Median FMR$2,230
Median Market$3,110
vs market-$880

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

7
3 BR· 1 ZIP
0.75ratio
FMR$2,560
Market$3,420
vs market-$860

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

3 BR· 2 ZIPs
0.78–0.80ratio range
Median FMR$2,375
Median Market$3,005
vs market-$630

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

3 BR· 2 ZIPs
0.83–0.84ratio range
Median FMR$2,245
Median Market$2,680
vs market-$435

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

3 BR· 2 ZIPs
0.86–0.89ratio range
Median FMR$2,410
Median Market$2,740
vs market-$330

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

3 BR· 1 ZIP
0.90ratio
FMR$2,170
Market$2,400
vs market-$230

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3 BR· 1 ZIP
0.95ratio
FMR$2,500
Market$2,620
vs market-$120

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3 BR· 1 ZIP
1.01ratio
FMR$2,130
Market$2,110
vs market+$20

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3 BR· 1 ZIP
1.02ratio
FMR$2,630
Market$2,570
vs market+$60

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

3 BR· 1 ZIP
1.11ratio
FMR$2,670
Market$2,400
vs market+$270

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.69–1.11
4 BR
4 BR· 6 ZIPs
0.60–0.63ratio range
Median FMR$2,500
Median Market$4,150
vs market-$1,650

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

6
4 BR· 2 ZIPs
0.66–0.67ratio range
Median FMR$2,825
Median Market$4,255
vs market-$1,430

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

4 BR· 2 ZIPs
0.69–0.73ratio range
Median FMR$2,665
Median Market$3,740
vs market-$1,075

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

4 BR· 1 ZIP
0.77ratio
FMR$2,550
Market$3,330
vs market-$780

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

4 BR· 2 ZIPs
0.84–0.85ratio range
Median FMR$2,520
Median Market$2,990
vs market-$470

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

4 BR· 1 ZIP
0.89ratio
FMR$2,300
Market$2,580
vs market-$280

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

4 BR· 2 ZIPs
0.95ratio range
Median FMR$2,615
Median Market$2,745
vs market-$130

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

4 BR· 1 ZIP
1.05ratio
FMR$2,950
Market$2,810
vs market+$140

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

4 BR· 1 ZIP
1.08ratio
FMR$2,380
Market$2,200
vs market+$180

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

4 BR· 1 ZIP
1.13ratio
FMR$2,990
Market$2,650
vs market+$340

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.60–1.13
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

ZIP Codes

Ranked by Investment Score (vs area median)

About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for MADISON, WI (WI) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.