FMR is below market; voucher rent may lag private rents.
0.85
1 BR
1 BR- 53572
0.97ratio
FMR$1,340
Market$1,380
vs market-$40
FMR is near market; voucher and private rents are aligned.
0.97
2 BR
2 BR- 53572
1.01ratio
FMR$1,530
Market$1,510
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.01
3 BR
3 BR- 53572
1.09ratio
FMR$2,020
Market$1,860
vs market+$160
FMR is near market; voucher and private rents are aligned.
1.09
4 BR
4 BR- 53572
1.15ratio
FMR$2,260
Market$1,970
vs market+$290
FMR is above market; underwrite to market rent.
1.15
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
--
Mount Horeb, WI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Mount Horeb, WI is $1,530 a month. That is down 3.8% from $1,590 in FY 2026. Mount Horeb 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 Mount Horeb is 47% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Mount Horeb, WI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,190
$1,150
−3.4%
$1,035–$1,265
1BR
$1,390
$1,340
−3.6%
$1,206–$1,474
2BR
$1,590
$1,530
−3.8%
$1,377–$1,683
3BR
$2,100
$2,020
−3.8%
$1,818–$2,222
4BR
$2,350
$2,260
−3.8%
$2,034–$2,486
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Mount Horeb, WI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,150
$1,340
$1,530
$2,020
$2,260
FY 2026
$1,190
$1,390
$1,590
$2,100
$2,350
FY 2025
$1,030
$1,220
$1,400
$1,840
$2,060
FY 2024
$940
$1,110
$1,290
$1,700
$1,870
FY 2023
$940
$1,110
$1,290
$1,690
$1,910
Questions about Mount Horeb, WI rents
How much will Section 8 pay for a two-bedroom in Mount Horeb, 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 Mount Horeb, WI in?
Mount Horeb, 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 Mount Horeb, WI for FY 2027?
The two-bedroom FMR fell 3.8%, from $1,590 in FY 2026 to $1,530 in FY 2027. Since FY 2023 it has risen 18.6%.
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