HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Racine County, Wisconsin (FY 2027)
HUD's FY 2027 Fair Market Rent for a two-bedroom in Racine County is $1,283 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
Two-bedroom FMR
$1,283
+3.9% from FY 2026
Payment standard
$1,155–$1,411
90% to 110% of the FMR, two-bedroom
Income to afford
$51,320
a year, with rent at 30% of income
Rank in Wisconsin
9th 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 | $926 | $833–$1,019 | $37,040 | $17.81/hr | +8.8% |
| 1 bedroom | $1,036 | $932–$1,140 | $41,440 | $19.92/hr | +4.9% |
| 2 bedroom | $1,283 | $1,155–$1,411 | $51,320 | $24.67/hr | +3.9% |
| 3 bedroom | $1,639 | $1,475–$1,803 | $65,560 | $31.52/hr | +3.0% |
| 4 bedroom | $1,984 | $1,786–$2,182 | $79,360 | $38.15/hr | +1.1% |
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 | $2,282 | $2,054–$2,510 |
| 6 bedroom Estimate | $2,579 | $2,321–$2,837 |
| 7 bedroom Estimate | $2,877 | $2,589–$3,165 |
| 8 bedroom Estimate | $3,174 | $2,857–$3,491 |
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 Racine actually rent for?
Search any address in Racine 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 Racine somewhere between $1,155 and $1,411. 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.
$1,283 a month is affordable, by HUD's 30% rule, on an income of roughly $51,320 a year. Put another way, $25 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%$1,155 | Voucher pays at 100%$1,283 | Voucher pays at 110%$1,411 |
|---|---|---|---|---|
| $2,500 | $750 | $405 | $533 | $661 |
| $4,000 | $1,200 | $0 | $83 | $211 |
Rate history
The two-bedroom rate went up 4% from FY 2026 ($1,235) to FY 2027 ($1,283). Since FY 2020 it's up 48% in total, about 5.8% 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 | $564 | $663 | $866 | $1,154 | $1,209 | — |
| FY 2021 | $598 | $688 | $907 | $1,195 | $1,306 | +4.7% |
| FY 2022 | $619 | $708 | $931 | $1,219 | $1,336 | +2.6% |
| FY 2023 | $683 | $778 | $1,021 | $1,329 | $1,490 | +9.7% |
| FY 2024 | $740 | $842 | $1,092 | $1,429 | $1,662 | +7.0% |
| FY 2025 | $788 | $901 | $1,149 | $1,490 | $1,814 | +5.2% |
| FY 2026 | $851 | $988 | $1,235 | $1,592 | $1,962 | +7.5% |
| FY 2027In effect | $926 | $1,036 | $1,283 | $1,639 | $1,984 | +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 Racine, that runs from $926 for a studio up to $1,984 for four bedrooms, all five rates in the table above.
Racine is its own HUD metro area (Racine-Mount Pleasant, WI), so the rate here is set from rents inside the county rather than a wider region.
Among Wisconsin's 72 counties, Racine ranks 9th for two-bedroom FMR. That's about 23% above the state median of $1,041 and about 21% above the national median county at $1,063. About 197,532 people live here, 5th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,190 in 53404 (Racine) and $1,590 in 53108 (Caledonia), 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 |
|---|---|---|---|
| 53105 | Burlington | $1,320 | +2.9% |
| 53108 | Caledonia | $1,590 | +23.9% |
| 53126 | Franksville | $1,360 | +6.0% |
| 53139 | Kansasville | $1,550 | +20.8% |
| 53167 | Rochester | $1,340 | +4.4% |
| 53177 | Sturtevant | $1,590 | +23.9% |
| 53182 | Union Grove | $1,350 | +5.2% |
| 53185 | Waterford | $1,450 | +13.0% |
| 53401 | Racine | $1,280 | -0.2% |
| 53402 | Racine | $1,320 | +2.9% |
| 53403 | Racine | $1,290 | +0.5% |
| 53404 | Racine | $1,190 | -7.2% |
| 53405 | Racine | $1,190 | -7.2% |
| 53406 | Racine | $1,260 | -1.8% |
| 53407 | Racine | $1,283County rate | — |
| 53408 | Racine | $1,280 | -0.2% |
Nearby counties
Two-bedroom FMR, with how each compares to Racine.
Kenosha County
14 mi · 168,438 people
$1,441
+12%
Milwaukee County
21 mi · 926,331 people
$1,263
-2%
Waukesha County
27 mi · 411,762 people
$1,263
-2%
Walworth County
31 mi · 105,657 people
$1,300
+1%
Ozaukee County
43 mi · 92,966 people
$1,263
-2%
Washington County
45 mi · 137,879 people
$1,263
-2%
Jefferson County
47 mi · 86,003 people
$1,209
-6%
Rock County
58 mi · 164,350 people
$1,280
same rate
Questions people ask
$1,283 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $926 for a studio, $1,036 for one bedroom, $1,639 for three and $1,984 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 Racine actually go for?
HUD's number is one input. Search any address in Racine for a rent estimate built from nearby comps. Free to start, no card.
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