53151
ZIPSAFMR
Waukesha County, WI
BRFMR
Eff. Rent
0 BR$1,400$1,400
1 BR$1,530$1,510
2 BR$1,830$1,830
3 BR$2,250$2,250
4 BR$2,440$2,440
5 BR$2,806
6 BR$3,227
7 BR$3,711
8 BR$4,268

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
0.84ratio
FMR$1,400
Market$1,670
vs market-$270

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.84
1 BR
1 BR
1.01ratio
FMR$1,530
Market$1,510
vs market+$20

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.01
2 BR
2 BR
0.88ratio
FMR$1,830
Market$2,070
vs market-$240

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.88
3 BR
3 BR
0.89ratio
FMR$2,250
Market$2,520
vs market-$270

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.89
4 BR
4 BR
0.87ratio
FMR$2,440
Market$2,810
vs market-$370

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.87
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$210,021
Rent
$1,830
Down payment
$42,004
Loan
$168,017
Mortgage
$1,062
Expenses
$568
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 53151 (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.

53151 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 53151 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,830 and the 4 bedroom fair market rent is $2,440.

Use this page for searches like 53151 FMR, 53151 fair market rent, and 53151 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 53151
Bedroom sizeHUD FMR
Studio$1,400
1 bedroom$1,530
2 bedroom$1,830
3 bedroom$2,250
4 bedroom$2,440