Income Limits by County

FY2027 Small Area FMR · Highland, WI

ZIP 53543 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 53543 (Highland, WI) is $1,060 a month, up 9.3% from FY2026. That is 3% below the Iowa County, WI area-wide FMR of $1,093.

2-bedroom SAFMR$1,060per month ▲ 9.3%
Area-wide 2 BR FMR$1,093Iowa County, WI
Rank in the area15thof 22 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$954
2 BR Small Area FMR$1,060
110% of SAFMR$1,166

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

FY2027 FY2026

Where 53543 sits in the Iowa County, WI area

$1,060$1,530median $1,135

Of the 22 ZIP codes HUD lists for the area, 53543 has the 15th highest two-bedroom Small Area FMR. Iowa County, 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 $1,093 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,060 for this ZIP code instead.

ZIP code 53543 crosses more than one HUD area. HUD also lists it under Grant 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$800$720 – $880$830$740
1 bedroom$810$729 – $891$836$740
2 bedrooms$1,060$954 – $1,166$1,093$970
3 bedrooms$1,390$1,251 – $1,529$1,460$1,270
4 bedrooms$1,770$1,593 – $1,947$1,827$1,640

A household renting a two-bedroom home at the Small Area FMR of $1,060 needs about $42,400 a year to keep housing costs at 30% of income. The area median family income is $110,900 and the 80% low-income limit for four people is $88,700. ZIP code 53543 lies mainly in Iowa County and Grant County. See the Iowa County, WI county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
53526Cobb5.8 mi$1,210
53569Montfort6.7 mi$1,060
53506Avoca8.0 mi$1,060
53533Dodgeville10.2 mi$1,130
53553Linden10.6 mi$1,060
53573Muscoda10.6 mi$1,060

Questions

What is the Fair Market Rent for ZIP code 53543?

HUD's FY2027 Small Area Fair Market Rents for 53543 are $800 (studio), $810 (1 BR), $1,060 (2 BR), $1,390 (3 BR) and $1,770 (4 BR) a month.

What is the Section 8 payment standard in 53543?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 53543 that range is $954 to $1,166 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 53543?

The FY2026 income limits of the Iowa County, WI area apply: median family income $110,900, low-income (80%) limit $88,700 for a family of four.