53132
ZIPSAFMR
Milwaukee County, WI
BRFMR
Eff. Rent
0 BR$1,250$1,380
1 BR$1,360$1,500
2 BR$1,630$1,790
3 BR$2,010$2,210
4 BR$2,170$2,390
5 BR$2,496
6 BR$2,870
7 BR$3,300
8 BR$3,795

Purchase Price Calculator

Maximum purchase price
$204,077

Cost breakdown

+Likely effective rent$1,790
HUD FMR$1,630
Market rent$2,230
Est. payment standard (110%)Used$1,790
Estimated payment standard is $1,790 (110% of FMR).
-Principal and interest-$1,032
Loan amount$163,261
Down payment$40,815
Rate6.50%
Term30 years
-Operating costs-$558
Property taxes-$204
Insurance-$175
Utilities$0
HOA$0
Management-$179
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$28,741(70.4% ROI)
Projected value
$219,768
Current value$204,077
Return breakdown
Property appreciation+$15,692
Loan principal paid down+$5,849
Rental cash flow+$7,200
5-year hold
+$49,248(120.7% ROI)
Projected value
$230,894
Current value$204,077
Return breakdown
Property appreciation+$26,817
Loan principal paid down+$10,431
Rental cash flow+$12,000
10-year hold
+$106,013(259.7% ROI)
Projected value
$261,236
Current value$204,077
Return breakdown
Property appreciation+$57,159
Loan principal paid down+$24,855
Rental cash flow+$24,000

Upgrade to access AI-powered research tools

Upgrade

Rolodex

Upgrade to access AI-powered research tools

Upgrade

Market Alignment

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

Studio
Studio
0.86ratio
FMR$1,250
Market$1,460
vs market-$210

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

90% standard$1,125 / 0.77 ratio110% standard$1,375 / 0.94 ratio
0.86
1 BR
1 BR
0.78ratio
FMR$1,360
Market$1,740
vs market-$380

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

90% standard$1,224 / 0.70 ratio110% standard$1,496 / 0.86 ratio
0.78
2 BR
2 BR
0.73ratio
FMR$1,630
Market$2,230
vs market-$600

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

90% standard$1,467 / 0.66 ratio110% standard$1,793 / 0.80 ratio
0.73
3 BR
3 BR
0.79ratio
FMR$2,010
Market$2,560
vs market-$550

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

90% standard$1,809 / 0.71 ratio110% standard$2,211 / 0.86 ratio
0.79
4 BR
4 BR
0.72ratio
FMR$2,170
Market$3,030
vs market-$860

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

90% standard$1,953 / 0.64 ratio110% standard$2,387 / 0.79 ratio
0.72
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom sizes.

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 53132 (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.

53132 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 53132 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,630 and the 4 bedroom fair market rent is $2,170.

Use this page for searches like 53132 FMR, 53132 fair market rent, and 53132 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 53132
Bedroom sizeHUD FMR
Studio$1,250
1 bedroom$1,360
2 bedroom$1,630
3 bedroom$2,010
4 bedroom$2,170