53224
ZIPSAFMR
Ozaukee County, WI
BRFMR
Eff. Rent
0 BR$1,070$1,020
1 BR$1,170$1,290
2 BR$1,400$1,470
3 BR$1,720$1,750
4 BR$1,870$1,810
5 BR$2,151
6 BR$2,473
7 BR$2,844
8 BR$3,271

Purchase Price Calculator

Maximum purchase price
$156,525

Cost breakdown

+Likely effective rent$1,470
HUD FMR$1,400
Market rent$1,500
Est. payment standard (105%)Used$1,470
Estimated payment standard is $1,470 (105% of FMR).
-Principal and interest-$791
Loan amount$125,220
Down payment$31,305
Rate6.50%
Term30 years
-Operating costs-$479
Property taxes-$157
Insurance-$175
Utilities$0
HOA$0
Management-$147
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$23,722(75.8% ROI)
Projected value
$168,560
Current value$156,525
Return breakdown
Property appreciation+$12,035
Loan principal paid down+$4,486
Rental cash flow+$7,200
5-year hold
+$40,569(129.6% ROI)
Projected value
$177,094
Current value$156,525
Return breakdown
Property appreciation+$20,569
Loan principal paid down+$8,000
Rental cash flow+$12,000
10-year hold
+$86,904(277.6% ROI)
Projected value
$200,365
Current value$156,525
Return breakdown
Property appreciation+$43,840
Loan principal paid down+$19,063
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
1.05ratio
FMR$1,070
Market$1,020
vs market+$50

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

90% standard$963 / 0.94 ratio110% standard$1,177 / 1.15 ratio
1.05
1 BR
1 BR
0.86ratio
FMR$1,170
Market$1,360
vs market-$190

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

90% standard$1,053 / 0.77 ratio110% standard$1,287 / 0.95 ratio
0.86
2 BR
2 BR
0.93ratio
FMR$1,400
Market$1,500
vs market-$100

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

90% standard$1,260 / 0.84 ratio110% standard$1,540 / 1.03 ratio
0.93
3 BR
3 BR
0.98ratio
FMR$1,720
Market$1,760
vs market-$40

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

90% standard$1,548 / 0.88 ratio110% standard$1,892 / 1.08 ratio
0.98
4 BR
4 BR
1.03ratio
FMR$1,870
Market$1,810
vs market+$60

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

90% standard$1,683 / 0.93 ratio110% standard$2,057 / 1.14 ratio
1.03
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 53224 (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.

53224 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 53224 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,400 and the 4 bedroom fair market rent is $1,870.

Use this page for searches like 53224 FMR, 53224 fair market rent, and 53224 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 53224
Bedroom sizeHUD FMR
Studio$1,070
1 bedroom$1,170
2 bedroom$1,400
3 bedroom$1,720
4 bedroom$1,870