FY2027 Small Area FMR · Okauchee, WI

ZIP 53069 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 53069 (Okauchee, WI) is $1,470 a month, down 5.8% from FY2026. That is 16% above the Milwaukee-Waukesha, WI area-wide FMR of $1,263.

2-bedroom SAFMR$1,470per month ▼ 5.8%

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

Rank in the area26thof 100 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,323

2 BR Small Area FMR$1,470

110% of SAFMR$1,617

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

Studio$1,140▼ 4.2%

1 BR$1,230▼ 6.1%

2 BR$1,470▼ 5.8%

3 BR$1,810▼ 6.2%

4 BR$1,930▼ 7.2%

FY2027 FY2026

Where 53069 sits in the Milwaukee-Waukesha, WI area

Of the 100 ZIP codes HUD lists for the area, 53069 has the 26th 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 $1,470 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	$1,140	$1,026 – $1,254	$985	$1,190
1 bedroom	$1,230	$1,107 – $1,353	$1,060	$1,310
2 bedrooms	$1,470	$1,323 – $1,617	$1,263	$1,560
3 bedrooms	$1,810	$1,629 – $1,991	$1,553	$1,930
4 bedrooms	$1,930	$1,737 – $2,123	$1,664	$2,080

A household renting a two-bedroom home at the Small Area FMR of $1,470 needs about $58,800 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 53069 lies mainly in 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
53058	Nashotah	1.1 mi	$1,560
53066	Oconomowoc	2.9 mi	$1,410
53018	Delafield	4.9 mi	$1,760
53029	Hartland	5.2 mi	$1,300
53003	Ashippun	7.5 mi	$1,370
53183	Wales	8.0 mi	$1,580

Questions

What is the Fair Market Rent for ZIP code 53069?

HUD's FY2027 Small Area Fair Market Rents for 53069 are $1,140 (studio), $1,230 (1 BR), $1,470 (2 BR), $1,810 (3 BR) and $1,930 (4 BR) a month.

What is the Section 8 payment standard in 53069?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 53069 that range is $1,323 to $1,617 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 53069?

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.