FMR is near market; voucher and private rents are aligned.
1.02
1 BR
1 BR
0.81ratio
FMR$1,010
Market$1,250
vs market-$240
FMR is below market; voucher rent may lag private rents.
0.81
2 BR
2 BR
0.83ratio
FMR$1,260
Market$1,520
vs market-$260
FMR is below market; voucher rent may lag private rents.
0.83
3 BR
3 BR
0.88ratio
FMR$1,660
Market$1,890
vs market-$230
FMR is below market; voucher rent may lag private rents.
0.88
4 BR
4 BR
0.75ratio
FMR$1,730
Market$2,310
vs market-$580
FMR is below market; voucher rent may lag private rents.
0.75
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
ZIP 54307 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 54307 (Green Bay, WI) is $1,260 a month. That is up 9.6% from $1,150 in FY 2026. Green Bay is in the Green Bay, WI HUD Metro FMR Area. 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 $1,287. Among 25 ZIP codes in Brown County, 54307 is tied for the 11th-highest two-bedroom rent (county range $1,050–$1,700). The median county two-bedroom FMR in Wisconsin is $1,041, so ZIP 54307 is 21% above it.
How much will Section 8 pay for a two-bedroom in ZIP 54307?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,287, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,158 to $1,416 a month; under the ZIP-level Small Area FMR of $1,260 it would be $1,134 to $1,386. 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 54307 in?
ZIP 54307 is in the Green Bay, WI HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,287.
How much did fair market rent change in ZIP 54307 for FY 2027?
The two-bedroom FMR rose 9.6%, from $1,150 in FY 2026 to $1,260 in FY 2027. Since FY 2023 it has risen 29.9%.
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 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