Income Limits by County

FY2027 Small Area FMR · Belleville, WI

ZIP 53508 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 53508 (Belleville, WI) is $1,530 a month, up 15.0% from FY2026. That is 2% below the Madison, WI area-wide FMR of $1,565.

2-bedroom SAFMR$1,530per month ▲ 15.0%
Area-wide 2 BR FMR$1,565Madison, WI
Rank in the area23rdof 52 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.

FY2027 FY2026

Where 53508 sits in the Madison, WI area

$1,530$1,900median $1,530

Of the 52 ZIP codes HUD lists for the area, 53508 has the 23rd highest two-bedroom Small Area FMR. Madison, 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 $1,565 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,530 for this ZIP code instead.

ZIP code 53508 crosses more than one HUD area. HUD also lists it under Green County, WI (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$1,150$1,035 – $1,265$1,196$980
1 bedroom$1,340$1,206 – $1,474$1,375$1,160
2 bedrooms$1,530$1,377 – $1,683$1,565$1,330
3 bedrooms$2,020$1,818 – $2,222$2,047$1,750
4 bedrooms$2,260$2,034 – $2,486$2,264$1,950

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 $135,300 and the 80% low-income limit for four people is $106,800. ZIP code 53508 lies mainly in Dane County and Green County. See the Madison, WI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
53574New Glarus5.1 mi$1,530
53593Verona8.2 mi$1,790
53521Brooklyn9.1 mi$1,530
53570Monticello9.6 mi$1,020
53572Mount Horeb10.4 mi$1,530
53575Oregon10.4 mi$1,530

Questions

What is the Fair Market Rent for ZIP code 53508?

HUD's FY2027 Small Area Fair Market Rents for 53508 are $1,150 (studio), $1,340 (1 BR), $1,530 (2 BR), $2,020 (3 BR) and $2,260 (4 BR) a month.

What is the Section 8 payment standard in 53508?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 53508 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 53508?

The FY2026 income limits of the Madison, WI area apply: median family income $135,300, low-income (80%) limit $106,800 for a family of four.