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Rock County/Janesville/53546

53546

ZIPSAFMR
Rock County, WI
Zillow

ZIP Investment Score

77Below average

095130300
BRFMR
Eff. Rent
0 BR$990$1,080
1 BR$1,010$1,060
2 BR$1,300$1,430
3 BR$1,650$1,710
4 BR$1,710$1,810
5 BR$1,966Not available
6 BR$2,261Not available
7 BR$2,601Not available
8 BR$2,991Not available

Purchase Price Calculator

Maximum purchase price
$150,581

Cost breakdown

+Likely effective rent$1,430
HUD FMR$1,300
Market rent$1,500
Est. payment standard (110%)Used$1,430
-Principal and interest-$761
Loan amount$120,465
Down payment$30,116
Rate6.50%
Term30 years
-Operating costs-$469
Property taxes-$151
Insurance-$175
Utilities$0
HOA$0
Management-$143
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$23,094(76.7% ROI)
Projected value
$162,159
Return breakdown
Property appreciation+$11,578
Loan principal paid down+$4,316
Rental cash flow+$7,200
5-year hold
+$39,484(131.1% ROI)
Projected value
$170,368
Return breakdown
Property appreciation+$19,788
Loan principal paid down+$7,697
Rental cash flow+$12,000
10-year hold
+$84,515(280.6% ROI)
Projected value
$192,756
Return breakdown
Property appreciation+$42,175
Loan principal paid down+$18,339
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.88
1 BR
0.93
2 BR
0.87
3 BR
0.95
4 BR
0.91
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 53546 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 53546 (Janesville, WI) is $1,300 a month. That is up 2.4% from $1,270 in FY 2026. Janesville is in the Janesville-Beloit, WI MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,280. Among 22 ZIP codes in Rock County, 53546 has the 7th-highest two-bedroom rent (county range $1,130–$1,690). The median county two-bedroom FMR in Wisconsin is $1,041, so ZIP 53546 is 25% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 53546
BedroomsFY 2027Change90–110% range
Studio$990+7.6%$891–$1,089
1BR$1,010+4.1%$909–$1,111
2BR$1,300+2.4%$1,170–$1,430
3BR$1,650+1.2%$1,485–$1,815
4BR$1,710+1.8%$1,539–$1,881

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 53546
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$990$1,010$1,300$1,650$1,710
FY 2026$920$970$1,270$1,630$1,680
FY 2025$830$890$1,170$1,530$1,550
FY 2024$820$870$1,140$1,510$1,580
FY 2023$780$810$1,060$1,420$1,490

Two-bedroom rent in nearby Rock County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 53546
53520$1,130−13.1%
53521$1,530+17.7%
53525$1,280−1.5%
53534$1,530+17.7%
53536$1,260−3.1%
53537$1,130−13.1%
53538$1,180−9.2%
53545$1,330+2.3%
53546Current$1,300—
53547$1,280−1.5%
53548$1,270−2.3%
53563$1,190−8.5%

Questions about ZIP 53546 rents

How much will Section 8 pay for a two-bedroom in ZIP 53546?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,280, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,152 to $1,408 a month; under the ZIP-level Small Area FMR of $1,300 it would be $1,170 to $1,430. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 53546 in?

ZIP 53546 is in the Janesville-Beloit, WI MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,280.

How much did fair market rent change in ZIP 53546 for FY 2027?

The two-bedroom FMR rose 2.4%, from $1,270 in FY 2026 to $1,300 in FY 2027. Since FY 2023 it has risen 22.6%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentJanesville, WI fair market rentWI statewide rentsWhat is SAFMR?Data sources