HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Manitowoc County, Wisconsin (FY 2027)
HUD's FY 2027 Fair Market Rent for a two-bedroom in Manitowoc County is $1,014 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
Two-bedroom FMR
$1,014
+4.2% from FY 2026
Payment standard
$913–$1,115
90% to 110% of the FMR, two-bedroom
Income to afford
$40,560
a year, with rent at 30% of income
Rank in Wisconsin
58th of 72
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $770 | $693–$847 | $30,800 | $14.81/hr | +4.5% |
| 1 bedroom | $775 | $698–$853 | $31,000 | $14.90/hr | +4.4% |
| 2 bedroom | $1,014 | $913–$1,115 | $40,560 | $19.50/hr | +4.2% |
| 3 bedroom | $1,208 | $1,087–$1,329 | $48,320 | $23.23/hr | +3.5% |
| 4 bedroom | $1,333 | $1,200–$1,466 | $53,320 | $25.63/hr | +3.5% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,533 | $1,380–$1,686 |
| 6 bedroom Estimate | $1,733 | $1,560–$1,906 |
| 7 bedroom Estimate | $1,933 | $1,740–$2,126 |
| 8 bedroom Estimate | $2,133 | $1,920–$2,346 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Manitowoc actually rent for?
Search any address in Manitowoc for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Manitowoc somewhere between $913 and $1,115. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,014 a month is affordable, by HUD's 30% rule, on an income of roughly $40,560 a year. Put another way, $20 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$913 | Voucher pays at 100%$1,014 | Voucher pays at 110%$1,115 |
|---|---|---|---|---|
| $2,500 | $750 | $163 | $264 | $365 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 4% from FY 2026 ($973) to FY 2027 ($1,014). Since FY 2020 it's up 41% in total, about 5.0% a year. The Wisconsin median moved up 3% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $468 | $546 | $719 | $896 | $1,071 | — |
| FY 2021 | $484 | $557 | $734 | $913 | $1,029 | +2.1% |
| FY 2022 | $518 | $583 | $758 | $937 | $1,043 | +3.3% |
| FY 2023 | $634 | $635 | $826 | $1,005 | $1,110 | +9.0% |
| FY 2024 | $684 | $689 | $905 | $1,094 | $1,216 | +9.6% |
| FY 2025 | $707 | $711 | $933 | $1,124 | $1,237 | +3.1% |
| FY 2026 | $737 | $742 | $973 | $1,167 | $1,288 | +4.3% |
| FY 2027In effect | $770 | $775 | $1,014 | $1,208 | $1,333 | +4.2% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Manitowoc, that runs from $770 for a studio up to $1,333 for four bedrooms, all five rates in the table above.
Because Manitowoc sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Manitowoc included.
Among Wisconsin's 72 counties, Manitowoc ranks 58th for two-bedroom FMR. That's about 3% below the state median of $1,041 and about 5% below the national median county at $1,063. About 81,406 people live here, 21st in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,010 in 53063 (Newton) and $1,210 in 54245 (Valders), with the 15 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 53015 | Cleveland | $1,190 | +17.4% |
| 53042 | Kiel | $1,120 | +10.5% |
| 53063 | Newton | $1,010 | -0.4% |
| 54207 | Collins | $1,020 | +0.6% |
| 54214 | Francis Creek | $1,040 | +2.6% |
| 54215 | Kellnersville | $1,010 | -0.4% |
| 54220 | Manitowoc | $1,010 | -0.4% |
| 54221 | Manitowoc | $1,014County rate | — |
| 54227 | Maribel | $1,050 | +3.6% |
| 54228 | Mishicot | $1,010 | -0.4% |
| 54230 | Reedsville | $1,050 | +3.6% |
| 54232 | Saint Nazianz | $1,010 | -0.4% |
| 54240 | Tisch Mills | $1,010 | -0.4% |
| 54241 | Two Rivers | $1,050 | +3.6% |
| 54245 | Valders | $1,210 | +19.3% |
| 54247 | Whitelaw | $1,190 | +17.4% |
Nearby counties
Two-bedroom FMR, with how each compares to Manitowoc.
Calumet County
19 mi · 52,942 people
$1,256
+24%
Brown County
28 mi · 270,892 people
$1,287
+27%
Sheboygan County
30 mi · 117,991 people
$1,168
+15%
Kewaunee County
31 mi · 20,664 people
$1,287
+27%
Outagamie County
37 mi · 192,826 people
$1,256
+24%
Winnebago County
42 mi · 171,769 people
$1,195
+18%
Fond du Lac County
43 mi · 104,137 people
$1,224
+21%
Ozaukee County
53 mi · 92,966 people
$1,263
+25%
Questions people ask
$1,014 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $770 for a studio, $775 for one bedroom, $1,208 for three and $1,333 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Manitowoc actually go for?
HUD's number is one input. Search any address in Manitowoc for a rent estimate built from nearby comps. Free to start, no card.
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