FMR is near market; voucher and private rents are aligned.
1.01
1 BR
1 BR
1.00ratio
FMR$980
Market$980
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
2 BR
2 BR
0.90ratio
FMR$1,220
Market$1,350
vs market-$130
FMR is near market; voucher and private rents are aligned.
0.90
3 BR
3 BR
1.04ratio
FMR$1,550
Market$1,490
vs market+$60
FMR is near market; voucher and private rents are aligned.
1.04
4 BR
4 BR
0.97ratio
FMR$1,730
Market$1,780
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.97
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 54936 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 54936 (Fond Du Lac, WI) is $1,220 a month. That is up 3.4% from $1,180 in FY 2026. Fond Du Lac is in the Fond du Lac, 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 $1,224. Among 26 ZIP codes in Fond du Lac County, 54936 is tied for the 11th-highest two-bedroom rent (county range $1,060–$1,460). The median county two-bedroom FMR in Wisconsin is $1,041, so ZIP 54936 is 17% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 54936
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$810
$850
+4.9%
$765–$935
1BR
$950
$980
+3.2%
$882–$1,078
2BR
$1,180
$1,220
+3.4%
$1,098–$1,342
3BR
$1,530
$1,550
+1.3%
$1,395–$1,705
4BR
$1,670
$1,730
+3.6%
$1,557–$1,903
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 54936
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$850
$980
$1,220
$1,550
$1,730
FY 2026
$810
$950
$1,180
$1,530
$1,670
FY 2025
$730
$860
$1,070
$1,390
$1,440
FY 2024
$690
$800
$1,010
$1,330
$1,350
FY 2023
$660
$720
$920
$1,220
$1,240
Two-bedroom rent in nearby Fond du Lac County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 54936?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,224, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,102 to $1,346 a month; under the ZIP-level Small Area FMR of $1,220 it would be $1,098 to $1,342. 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 54936 in?
ZIP 54936 is in the Fond du Lac, WI MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,224.
How much did fair market rent change in ZIP 54936 for FY 2027?
The two-bedroom FMR rose 3.4%, from $1,180 in FY 2026 to $1,220 in FY 2027. Since FY 2023 it has risen 32.6%.
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