FY2027 Small Area FMR · Milwaukee, WI

ZIP 53220 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 53220 (Milwaukee, WI) is $1,280 a month, down 4.5% from FY2026. That is 1% above the Milwaukee-Waukesha, WI area-wide FMR of $1,263.

2-bedroom SAFMR$1,280per month ▼ 4.5%

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

Rank in the area55thof 100 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,152

2 BR Small Area FMR$1,280

110% of SAFMR$1,408

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

Studio$1,000▼ 2.9%

1 BR$1,070▼ 4.5%

2 BR$1,280▼ 4.5%

3 BR$1,570▼ 4.8%

4 BR$1,690▼ 5.6%

FY2027 FY2026

Where 53220 sits in the Milwaukee-Waukesha, WI area

Of the 100 ZIP codes HUD lists for the area, 53220 has the 55th 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 $1,280 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	$1,000	$900 – $1,100	$985	$1,030
1 bedroom	$1,070	$963 – $1,177	$1,060	$1,120
2 bedrooms	$1,280	$1,152 – $1,408	$1,263	$1,340
3 bedrooms	$1,570	$1,413 – $1,727	$1,553	$1,650
4 bedrooms	$1,690	$1,521 – $1,859	$1,664	$1,790

A household renting a two-bedroom home at the Small Area FMR of $1,280 needs about $51,200 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 53220 lies mainly in Milwaukee 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
53129	Greendale	1.8 mi	$1,350
53219	Milwaukee	2.1 mi	$1,210
53221	Milwaukee	2.5 mi	$1,320
53228	Milwaukee	2.6 mi	$1,430
53227	Milwaukee	3.3 mi	$1,310
53130	Hales Corners	3.4 mi	$1,490

Questions

What is the Fair Market Rent for ZIP code 53220?

HUD's FY2027 Small Area Fair Market Rents for 53220 are $1,000 (studio), $1,070 (1 BR), $1,280 (2 BR), $1,570 (3 BR) and $1,690 (4 BR) a month.

What is the Section 8 payment standard in 53220?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 53220 that range is $1,152 to $1,408 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 53220?

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.