FMR is below market; voucher rent may lag private rents.
0.84
1 BR
1 BR
0.90ratio
FMR$1,028
Market$1,140
vs market-$112
FMR is near market; voucher and private rents are aligned.
0.90
2 BR
2 BR
0.86ratio
FMR$1,287
Market$1,500
vs market-$213
FMR is below market; voucher rent may lag private rents.
0.86
3 BR
3 BR
0.79ratio
FMR$1,697
Market$2,140
vs market-$443
FMR is below market; voucher rent may lag private rents.
0.79
4 BR
4 BR
0.74ratio
FMR$1,765
Market$2,400
vs market-$635
FMR is below market; voucher rent may lag private rents.
0.74
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 54344 fair market rent, FY 2027
For FY 2027, HUD's Fair Market Rent for a two-bedroom unit in ZIP 54344 (Green Bay, WI) is $1,287 a month. That is up 10.6% from $1,164 in FY 2026. Green Bay is in the Green Bay, WI HUD Metro FMR Area. The median county two-bedroom FMR in Wisconsin is $1,041, so ZIP 54344 is 24% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 54344
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$867
$979
+12.9%
$881–$1,077
1BR
$931
$1,028
+10.4%
$925–$1,131
2BR
$1,164
$1,287
+10.6%
$1,158–$1,416
3BR
$1,545
$1,697
+9.8%
$1,527–$1,867
4BR
$1,618
$1,765
+9.1%
$1,589–$1,942
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 54344
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$979
$1,028
$1,287
$1,697
$1,765
FY 2026
$867
$931
$1,164
$1,545
$1,618
FY 2025
$841
$918
$1,147
$1,521
$1,554
FY 2024
$774
$841
$1,055
$1,406
$1,411
FY 2023
$708
$764
$965
$1,292
$1,296
Questions about ZIP 54344 rents
How much will Section 8 pay for a two-bedroom in ZIP 54344?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,287, that basic range is $1,158 to $1,416 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 54344 in?
ZIP 54344 is in the Green Bay, WI HUD Metro FMR Area. Small Area FMRs are not mandatory in this area.
How much did fair market rent change in ZIP 54344 for FY 2027?
The two-bedroom FMR rose 10.6%, from $1,164 in FY 2026 to $1,287 in FY 2027. Since FY 2023 it has risen 33.4%.
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