FY2027 Small Area FMR · Footville, WI

ZIP 53537 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 53537 (Footville, WI) is $1,130 a month, up 7.6% from FY2026. That is 12% below the Janesville-Beloit, WI area-wide FMR of $1,280.

2-bedroom SAFMR$1,130per month ▲ 7.6%

Area-wide 2 BR FMR$1,280Janesville-Beloit, WI

Rank in the area19thof 22 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,017

2 BR Small Area FMR$1,130

110% of SAFMR$1,243

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

Studio$810▲ 6.6%

1 BR$860▲ 6.2%

2 BR$1,130▲ 7.6%

3 BR$1,440▲ 5.9%

4 BR$1,490▲ 7.2%

FY2027 FY2026

Where 53537 sits in the Janesville-Beloit, WI area

Of the 22 ZIP codes HUD lists for the area, 53537 has the 19th highest two-bedroom Small Area FMR. Janesville-Beloit, 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 $1,280 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,130 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	$810	$729 – $891	$976	$760
1 bedroom	$860	$774 – $946	$998	$810
2 bedrooms	$1,130	$1,017 – $1,243	$1,280	$1,050
3 bedrooms	$1,440	$1,296 – $1,584	$1,621	$1,360
4 bedrooms	$1,490	$1,341 – $1,639	$1,682	$1,390

A household renting a two-bedroom home at the Small Area FMR of $1,130 needs about $45,200 a year to keep housing costs at 30% of income. The area median family income is $94,500 and the 80% low-income limit for four people is $76,800. ZIP code 53537 lies mainly in Rock County. See the Janesville-Beloit, WI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
53576	Orfordville	3.4 mi	$1,380
53548	Janesville	4.4 mi	$1,270
53536	Evansville	6.8 mi	$1,260
53501	Afton	8.7 mi	$1,280
53520	Brodhead	8.9 mi	$1,130
53545	Janesville	9.8 mi	$1,330

Questions

What is the Fair Market Rent for ZIP code 53537?

HUD's FY2027 Small Area Fair Market Rents for 53537 are $810 (studio), $860 (1 BR), $1,130 (2 BR), $1,440 (3 BR) and $1,490 (4 BR) a month.

What is the Section 8 payment standard in 53537?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 53537 that range is $1,017 to $1,243 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 53537?

The FY2026 income limits of the Janesville-Beloit, WI area apply: median family income $94,500, low-income (80%) limit $76,800 for a family of four.