Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 53957 fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 53957 (Randolph, WI) is $1,136 a month. That is down 4.9% from $1,195 in FY 2026. Randolph is in the Columbia County, WI HUD Metro FMR Area. The median county two-bedroom FMR in Wisconsin is $1,041, so ZIP 53957 is 9% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 53957
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$824
$791
−4.0%
$712–$870
1BR
$911
$868
−4.7%
$781–$955
2BR
$1,195
$1,136
−4.9%
$1,022–$1,250
3BR
$1,645
$1,573
−4.4%
$1,416–$1,730
4BR
$1,798
$1,623
−9.7%
$1,461–$1,785
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 53957
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$791
$868
$1,136
$1,573
$1,623
FY 2026
$824
$911
$1,195
$1,645
$1,798
FY 2025
$745
$829
$1,087
$1,519
$1,665
FY 2024
$693
$779
$1,023
$1,439
$1,556
FY 2023
$685
$778
$1,024
$1,455
$1,518
Questions about ZIP 53957 rents
How much will Section 8 pay for a two-bedroom in ZIP 53957?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,136, that basic range is $1,022 to $1,250 a month. 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 53957 in?
ZIP 53957 is in the Columbia County, WI HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.
How much did fair market rent change in ZIP 53957 for FY 2027?
The two-bedroom FMR fell 4.9%, from $1,195 in FY 2026 to $1,136 in FY 2027. Since FY 2023 it has risen 10.9%.
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 Fair Market Rents. 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