FY2027 Small Area FMR · Colgate, WI

ZIP 53017 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 53017 (Colgate, WI) is $1,530 a month, down 5.0% from FY2026. That is 21% above the Milwaukee-Waukesha, WI area-wide FMR of $1,263.

2-bedroom SAFMR$1,530per month ▼ 5.0%

Area-wide 2 BR FMR$1,263Milwaukee-Waukesha, WI

Rank in the area18thof 100 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,377

2 BR Small Area FMR$1,530

110% of SAFMR$1,683

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,190▼ 3.3%

1 BR$1,280▼ 5.2%

2 BR$1,530▼ 5.0%

3 BR$1,880▼ 5.1%

4 BR$2,010▼ 6.1%

FY2027 FY2026

Where 53017 sits in the Milwaukee-Waukesha, WI area

Of the 100 ZIP codes HUD lists for the area, 53017 has the 18th highest two-bedroom Small Area FMR. Milwaukee-Waukesha, WI is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,263 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,530 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,190	$1,071 – $1,309	$985	$1,230
1 bedroom	$1,280	$1,152 – $1,408	$1,060	$1,350
2 bedrooms	$1,530	$1,377 – $1,683	$1,263	$1,610
3 bedrooms	$1,880	$1,692 – $2,068	$1,553	$1,980
4 bedrooms	$2,010	$1,809 – $2,211	$1,664	$2,140

A household renting a two-bedroom home at the Small Area FMR of $1,530 needs about $61,200 a year to keep housing costs at 30% of income. The area median family income is $108,400 and the 80% low-income limit for four people is $86,700. ZIP code 53017 lies mainly in Washington County and Waukesha County. See the Milwaukee-Waukesha, WI metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
53033	Hubertus	2.3 mi	$1,720
53089	Sussex	4.0 mi	$1,490
53076	Richfield	5.2 mi	$1,420
53046	Lannon	5.7 mi	$1,470
53029	Hartland	5.9 mi	$1,300
53022	Germantown	7.2 mi	$1,480

Questions

What is the Fair Market Rent for ZIP code 53017?

HUD's FY2027 Small Area Fair Market Rents for 53017 are $1,190 (studio), $1,280 (1 BR), $1,530 (2 BR), $1,880 (3 BR) and $2,010 (4 BR) a month.

What is the Section 8 payment standard in 53017?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 53017 that range is $1,377 to $1,683 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 53017?

The FY2026 income limits of the Milwaukee-Waukesha, WI area apply: median family income $108,400, low-income (80%) limit $86,700 for a family of four.