FMR is below market; voucher rent may lag private rents.
0.75
1 BR
1 BR- 53566
0.72ratio
FMR$800
Market$1,110
vs market-$310
FMR is below market; voucher rent may lag private rents.
0.72
2 BR
2 BR- 53566
0.86ratio
FMR$1,010
Market$1,170
vs market-$160
FMR is below market; voucher rent may lag private rents.
0.86
3 BR
3 BR- 53566
1.01ratio
FMR$1,210
Market$1,200
vs market+$10
FMR is near market; voucher and private rents are aligned.
1.01
4 BR
4 BR- 53566
1.06ratio
FMR$1,340
Market$1,270
vs market+$70
FMR is near market; voucher and private rents are aligned.
1.06
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
--
Monroe, WI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Monroe, WI is $1,010 a month. That is down 7.3% from $1,090 in FY 2026. Monroe is in the Green 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 $1,016. The median county two-bedroom FMR in Wisconsin is $1,041, so Monroe is 3% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Monroe, WI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$790
$800
+1.3%
$720–$880
1BR
$840
$800
−4.8%
$720–$880
2BR
$1,090
$1,010
−7.3%
$909–$1,111
3BR
$1,310
$1,210
−7.6%
$1,089–$1,331
4BR
$1,440
$1,340
−6.9%
$1,206–$1,474
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Monroe, WI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$800
$800
$1,010
$1,210
$1,340
FY 2026
$790
$840
$1,090
$1,310
$1,440
FY 2025
$690
$760
$1,000
$1,200
$1,330
FY 2024
$680
$730
$950
$1,150
$1,270
FY 2023
$720
$720
$950
$1,160
$1,280
Questions about Monroe, WI rents
How much will Section 8 pay for a two-bedroom in Monroe, WI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,016, which applies unless the housing authority uses Small Area FMRs, that basic range is $914 to $1,118 a month; under the ZIP-level Small Area FMR of $1,010 it would be $909 to $1,111. 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 Monroe, WI in?
Monroe, WI is in the Green County, WI HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,016.
How much did fair market rent change in Monroe, WI for FY 2027?
The two-bedroom FMR fell 7.3%, from $1,090 in FY 2026 to $1,010 in FY 2027. Since FY 2023 it has risen 6.3%.
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