FMR is near market; voucher and private rents are aligned.
1.06
1 BR
1 BR- 53590
1.09ratio
FMR$1,420
Market$1,300
vs market+$120
FMR is near market; voucher and private rents are aligned.
1.09
2 BR
2 BR- 53590
0.96ratio
FMR$1,620
Market$1,680
vs market-$60
FMR is near market; voucher and private rents are aligned.
0.96
3 BR
3 BR- 53590
0.87ratio
FMR$2,120
Market$2,450
vs market-$330
FMR is below market; voucher rent may lag private rents.
0.87
4 BR
4 BR- 53590
0.79ratio
FMR$2,340
Market$2,980
vs market-$640
FMR is below market; voucher rent may lag private rents.
0.79
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
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Sun Prairie, WI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Sun Prairie, WI is $1,620 a month. That is down 5.3% from $1,710 in FY 2026. Sun Prairie 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 Sun Prairie is 56% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Sun Prairie, WI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,280
$1,240
−3.1%
$1,116–$1,364
1BR
$1,500
$1,420
−5.3%
$1,278–$1,562
2BR
$1,710
$1,620
−5.3%
$1,458–$1,782
3BR
$2,260
$2,120
−6.2%
$1,908–$2,332
4BR
$2,530
$2,340
−7.5%
$2,106–$2,574
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Sun Prairie, WI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,240
$1,420
$1,620
$2,120
$2,340
FY 2026
$1,280
$1,500
$1,710
$2,260
$2,530
FY 2025
$1,080
$1,280
$1,470
$1,930
$2,160
FY 2024
$980
$1,150
$1,340
$1,770
$1,940
FY 2023
$950
$1,120
$1,300
$1,710
$1,930
Questions about Sun Prairie, WI rents
How much will Section 8 pay for a two-bedroom in Sun Prairie, 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 $1,620 it would be $1,458 to $1,782. 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 Sun Prairie, WI in?
Sun Prairie, 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 Sun Prairie, WI for FY 2027?
The two-bedroom FMR fell 5.3%, from $1,710 in FY 2026 to $1,620 in FY 2027. Since FY 2023 it has risen 24.6%.
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