HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Portage County, Wisconsin (FY 2027)
$1,077 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Portage County, and it's the baseline every voucher in Portage is measured against.
Two-bedroom FMR
$1,077
+3.9% from FY 2026
Payment standard
$969–$1,185
90% to 110% of the FMR, two-bedroom
Income to afford
$43,080
a year, with rent at 30% of income
Rank in Wisconsin
33rd 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 | $750 | $675–$825 | $30,000 | $14.42/hr | +4.9% |
| 1 bedroom | $828 | $745–$911 | $33,120 | $15.92/hr | +4.3% |
| 2 bedroom | $1,077 | $969–$1,185 | $43,080 | $20.71/hr | +3.9% |
| 3 bedroom | $1,283 | $1,155–$1,411 | $51,320 | $24.67/hr | +3.2% |
| 4 bedroom | $1,415 | $1,274–$1,557 | $56,600 | $27.21/hr | +3.1% |
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 | $1,627 | $1,464–$1,790 |
| 6 bedroom Estimate | $1,840 | $1,656–$2,024 |
| 7 bedroom Estimate | $2,052 | $1,847–$2,257 |
| 8 bedroom Estimate | $2,264 | $2,038–$2,490 |
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 Portage actually rent for?
Search any address in Portage 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 Portage somewhere between $969 and $1,185. 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.
$1,077 a month is affordable, by HUD's 30% rule, on an income of roughly $43,080 a year. Put another way, $21 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%$969 | Voucher pays at 100%$1,077 | Voucher pays at 110%$1,185 |
|---|---|---|---|---|
| $2,500 | $750 | $219 | $327 | $435 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 4% from FY 2026 ($1,037) to FY 2027 ($1,077). Since FY 2020 it's up 37% in total, about 4.6% 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 | $610 | $627 | $784 | $1,032 | $1,262 | — |
| FY 2021 | $566 | $617 | $782 | $1,008 | $1,192 | -0.3% |
| FY 2022 | $569 | $654 | $844 | $1,093 | $1,187 | +7.9% |
| FY 2023 | $604 | $703 | $904 | $1,154 | $1,269 | +7.1% |
| FY 2024 | $662 | $762 | $977 | $1,224 | $1,335 | +8.1% |
| FY 2025 | $706 | $794 | $1,029 | $1,240 | $1,388 | +5.3% |
| FY 2026 | $715 | $794 | $1,037 | $1,243 | $1,373 | +0.8% |
| FY 2027In effect | $750 | $828 | $1,077 | $1,283 | $1,415 | +3.9% |
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 Portage, that runs from $750 for a studio up to $1,415 for four bedrooms, all five rates in the table above.
Because Portage 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, Stevens Point included.
Among Wisconsin's 72 counties, Portage ranks 33rd for two-bedroom FMR. That's about 3% above the state median of $1,041 and within a couple percent of the national median county at $1,063. About 70,832 people live here, 23rd 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 54423 (Custer) and $1,230 in 54407 (Amherst Junction), with the 11 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 |
|---|---|---|---|
| 54406 | Amherst | $1,030 | -4.4% |
| 54407 | Amherst Junction | $1,230 | +14.2% |
| 54423 | Custer | $1,010 | -6.2% |
| 54443 | Junction City | $1,040 | -3.4% |
| 54458 | Nelsonville | $1,010 | -6.2% |
| 54467 | Plover | $1,210 | +12.3% |
| 54473 | Rosholt | $1,040 | -3.4% |
| 54481 | Stevens Point | $1,070 | -0.6% |
| 54482 | Stevens Point | $1,170 | +8.6% |
| 54492 | Stevens Point | $1,077County rate | — |
| 54909 | Almond | $1,040 | -3.4% |
| 54921 | Bancroft | $1,010 | -6.2% |
Nearby counties
Two-bedroom FMR, with how each compares to Portage.
Waupaca County
25 mi · 51,569 people
$1,014
-6%
Waushara County
27 mi · 24,868 people
$1,014
-6%
Wood County
27 mi · 74,004 people
$1,014
-6%
Marathon County
29 mi · 138,403 people
$1,217
+13%
Adams County
41 mi · 21,123 people
$1,014
-6%
Shawano County
41 mi · 41,039 people
$1,014
-6%
Menominee County
47 mi · 4,252 people
$1,014
-6%
Marquette County
49 mi · 15,746 people
$1,014
-6%
Questions people ask
$1,077 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $750 for a studio, $828 for one bedroom, $1,283 for three and $1,415 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 Portage actually go for?
HUD's number is one input. Search any address in Portage for a rent estimate built from nearby comps. Free to start, no card.
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