WI/Dane County/MADISON
MADISON, WI
CitySAFMR
Dane County
Found 24 ZIPs
BRFMR
Eff. Rent
0 BR$1,120 – $1,570$1,050 – $1,730
1 BR$1,310 – $1,840$1,370 – $1,740
2 BR$1,500 – $2,100$1,650 – $2,210
3 BR$1,980 – $2,770$2,110 – $2,980
4 BR$2,220 – $3,110$2,200 – $3,420
5 BR$2,875
6 BR$3,306
7 BR$3,802
8 BR$4,373

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Market Alignment

FMR / market rent by bedroom.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is above market; underwrite to market rent.

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

FMR is above market; underwrite to market rent.

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

FMR is above market; underwrite to market rent.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is above market; underwrite to market rent.

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

FMR is above market; underwrite to market rent.

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 is below market; voucher rent may lag private rents.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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 is below market; voucher rent may lag private rents.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is above market; underwrite to market rent.

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 is below market; voucher rent may lag private rents.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is below market; voucher rent may lag private rents.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is near market; voucher and private rents are aligned.

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

FMR is above market; underwrite to market rent.

0.60-1.13
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
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.

MADISON, WI fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for MADISON, WI shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,690 and the 4 bedroom fair market rent is $2,500.

Use this page for searches like MADISON, WI FMR, MADISON, WI fair market rent, and MADISON, WI Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for MADISON, WI
Bedroom sizeHUD FMR
Studio$1,270
1 bedroom$1,480
2 bedroom$1,690
3 bedroom$2,230
4 bedroom$2,500