53206
ZIPSAFMR
Milwaukee County, WI
BRFMR
Eff. Rent
0 BR$870$960
1 BR$960$900
2 BR$1,140$1,200
3 BR$1,410$1,350
4 BR$1,540$1,570
5 BR$1,771
6 BR$2,037
7 BR$2,342
8 BR$2,693

Purchase Price Calculator

Maximum purchase price
$116,403

Cost breakdown

+Likely effective rent$1,200
HUD FMR$1,140
Market rent$1,230
Est. payment standard (105%)Used$1,200
Estimated payment standard is $1,200 (105% of FMR).
-Principal and interest-$589
Loan amount$93,122
Down payment$23,281
Rate6.50%
Term30 years
-Operating costs-$411
Property taxes-$116
Insurance-$175
Utilities$0
HOA$0
Management-$120
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,487(83.7% ROI)
Projected value
$125,353
Current value$116,403
Return breakdown
Property appreciation+$8,950
Loan principal paid down+$3,336
Rental cash flow+$7,200
5-year hold
+$33,246(142.8% ROI)
Projected value
$131,699
Current value$116,403
Return breakdown
Property appreciation+$15,296
Loan principal paid down+$5,950
Rental cash flow+$12,000
10-year hold
+$70,780(304.0% ROI)
Projected value
$149,006
Current value$116,403
Return breakdown
Property appreciation+$32,603
Loan principal paid down+$14,177
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
0.70ratio
FMR$870
Market$1,250
vs market-$380

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

90% standard$783 / 0.63 ratio110% standard$957 / 0.77 ratio
0.70
1 BR
1 BR
1.07ratio
FMR$960
Market$900
vs market+$60

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

90% standard$864 / 0.96 ratio110% standard$1,056 / 1.17 ratio
1.07
2 BR
2 BR
0.93ratio
FMR$1,140
Market$1,230
vs market-$90

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

90% standard$1,026 / 0.83 ratio110% standard$1,254 / 1.02 ratio
0.93
3 BR
3 BR
1.04ratio
FMR$1,410
Market$1,350
vs market+$60

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

90% standard$1,269 / 0.94 ratio110% standard$1,551 / 1.15 ratio
1.04
4 BR
4 BR
0.97ratio
FMR$1,540
Market$1,590
vs market-$50

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

90% standard$1,386 / 0.87 ratio110% standard$1,694 / 1.07 ratio
0.97
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit 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 53206 (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.

53206 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 53206 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,140 and the 4 bedroom fair market rent is $1,540.

Use this page for searches like 53206 FMR, 53206 fair market rent, and 53206 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 53206
Bedroom sizeHUD FMR
Studio$870
1 bedroom$960
2 bedroom$1,140
3 bedroom$1,410
4 bedroom$1,540