FMR is below market; voucher rent may lag private rents.
0.45
1 BR
1 BR- 53191
0.56ratio
FMR$890
Market$1,600
vs market-$710
FMR is below market; voucher rent may lag private rents.
0.56
2 BR
2 BR- 53191
0.50ratio
FMR$1,170
Market$2,350
vs market-$1,180
FMR is below market; voucher rent may lag private rents.
0.50
3 BR
3 BR- 53191
0.53ratio
FMR$1,460
Market$2,740
vs market-$1,280
FMR is below market; voucher rent may lag private rents.
0.53
4 BR
4 BR- 53191
0.59ratio
FMR$1,930
Market$3,270
vs market-$1,340
FMR is below market; voucher rent may lag private rents.
0.59
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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Williams Bay, WI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Williams Bay, WI is $1,170 a month. That is down 7.9% from $1,270 in FY 2026. Williams Bay is in the Walworth County, WI non-metropolitan 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 county-wide two-bedroom FMR of $1,300. The median county two-bedroom FMR in Wisconsin is $1,041, so Williams Bay is 12% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Williams Bay, WI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$880
$810
−8.0%
$729–$891
1BR
$970
$890
−8.2%
$801–$979
2BR
$1,270
$1,170
−7.9%
$1,053–$1,287
3BR
$1,600
$1,460
−8.7%
$1,314–$1,606
4BR
$2,030
$1,930
−4.9%
$1,737–$2,123
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Williams Bay, WI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$810
$890
$1,170
$1,460
$1,930
FY 2026
$880
$970
$1,270
$1,600
$2,030
FY 2025
$970
$1,070
$1,410
$1,770
$2,250
FY 2024area FMR
$751
$843
$1,108
$1,423
$1,787
FY 2023area FMR
$689
$783
$1,031
$1,371
$1,647
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Williams Bay, WI rents
How much will Section 8 pay for a two-bedroom in Williams Bay, WI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,300, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,170 to $1,430 a month; under the ZIP-level Small Area FMR of $1,170 it would be $1,053 to $1,287. 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 Williams Bay, WI in?
Williams Bay, WI is in the Walworth County, WI non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,300.
How much did fair market rent change in Williams Bay, WI for FY 2027?
The two-bedroom FMR fell 7.9%, from $1,270 in FY 2026 to $1,170 in FY 2027. Since FY 2025 it has fallen 17.0%.
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