53038
ZIPSAFMR
Jefferson County, WI
BRFMR
Eff. Rent
0 BR$920$1,010
1 BR$1,060$1,170
2 BR$1,340$1,410
3 BR$1,770$1,560
4 BR$1,780$1,570
5 BR$2,047
6 BR$2,354
7 BR$2,707
8 BR$3,113

Purchase Price Calculator

Maximum purchase price
$147,609

Cost breakdown

+Likely effective rent$1,410
HUD FMR$1,340
Market rent$1,450
Est. payment standard (105%)Used$1,410
Estimated payment standard is $1,410 (105% of FMR).
-Principal and interest-$746
Loan amount$118,087
Down payment$29,522
Rate6.50%
Term30 years
-Operating costs-$464
Property taxes-$148
Insurance-$175
Utilities$0
HOA$0
Management-$141
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,781(77.2% ROI)
Projected value
$158,959
Current value$147,609
Return breakdown
Property appreciation+$11,350
Loan principal paid down+$4,231
Rental cash flow+$7,200
5-year hold
+$38,942(131.9% ROI)
Projected value
$167,006
Current value$147,609
Return breakdown
Property appreciation+$19,397
Loan principal paid down+$7,545
Rental cash flow+$12,000
10-year hold
+$83,320(282.2% ROI)
Projected value
$188,952
Current value$147,609
Return breakdown
Property appreciation+$41,343
Loan principal paid down+$17,977
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.71ratio
FMR$920
Market$1,300
vs market-$380

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

90% standard$828 / 0.64 ratio110% standard$1,012 / 0.78 ratio
0.71
1 BR
1 BR
0.81ratio
FMR$1,060
Market$1,310
vs market-$250

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

90% standard$954 / 0.73 ratio110% standard$1,166 / 0.89 ratio
0.81
2 BR
2 BR
0.92ratio
FMR$1,340
Market$1,450
vs market-$110

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

90% standard$1,206 / 0.83 ratio110% standard$1,474 / 1.02 ratio
0.92
3 BR
3 BR
1.13ratio
FMR$1,770
Market$1,560
vs market+$210

FMR is above market; underwrite to market rent.

90% standard$1,593 / 1.02 ratio110% standard$1,947 / 1.25 ratio
1.13
4 BR
4 BR
1.13ratio
FMR$1,780
Market$1,570
vs market+$210

FMR is above market; underwrite to market rent.

90% standard$1,602 / 1.02 ratio110% standard$1,958 / 1.25 ratio
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 53038 (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.

53038 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 53038 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,340 and the 4 bedroom fair market rent is $1,780.

Use this page for searches like 53038 FMR, 53038 fair market rent, and 53038 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 53038
Bedroom sizeHUD FMR
Studio$920
1 bedroom$1,060
2 bedroom$1,340
3 bedroom$1,770
4 bedroom$1,780