HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Winnebago County, Wisconsin (FY 2027)
$1,195 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Winnebago County, and it's the baseline every voucher in Winnebago is measured against.
Two-bedroom FMR
$1,195
+4.0% from FY 2026
Payment standard
$1,076–$1,315
90% to 110% of the FMR, two-bedroom
Income to afford
$47,800
a year, with rent at 30% of income
Rank in Wisconsin
24th 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 | $909 | $818–$1,000 | $36,360 | $17.48/hr | +3.9% |
| 1 bedroom | $936 | $842–$1,030 | $37,440 | $18.00/hr | +5.3% |
| 2 bedroom | $1,195 | $1,076–$1,315 | $47,800 | $22.98/hr | +4.0% |
| 3 bedroom | $1,609 | $1,448–$1,770 | $64,360 | $30.94/hr | +4.3% |
| 4 bedroom | $1,646 | $1,481–$1,811 | $65,840 | $31.65/hr | -0.3% |
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 | $1,893 | $1,704–$2,082 |
| 6 bedroom Estimate | $2,140 | $1,926–$2,354 |
| 7 bedroom Estimate | $2,387 | $2,148–$2,626 |
| 8 bedroom Estimate | $2,634 | $2,371–$2,897 |
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 Winnebago actually rent for?
Search any address in Winnebago 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 Winnebago somewhere between $1,076 and $1,315. 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.
$1,195 a month is affordable, by HUD's 30% rule, on an income of roughly $47,800 a year. Put another way, $23 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%$1,076 | Voucher pays at 100%$1,195 | Voucher pays at 110%$1,315 |
|---|---|---|---|---|
| $2,500 | $750 | $326 | $445 | $565 |
| $4,000 | $1,200 | $0 | $0 | $115 |
Rate history
The two-bedroom rate went up 4% from FY 2026 ($1,149) to FY 2027 ($1,195). Since FY 2020 it's up 52% in total, about 6.1% 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 | $546 | $616 | $787 | $1,057 | $1,307 | — |
| FY 2021 | $529 | $591 | $759 | $1,025 | $1,246 | -3.6% |
| FY 2022 | $639 | $689 | $889 | $1,197 | $1,419 | +17.1% |
| FY 2023 | $712 | $739 | $954 | $1,289 | $1,502 | +7.3% |
| FY 2024 | $767 | $779 | $1,010 | $1,347 | $1,567 | +5.9% |
| FY 2025 | $791 | $812 | $1,055 | $1,411 | $1,582 | +4.5% |
| FY 2026 | $875 | $889 | $1,149 | $1,543 | $1,651 | +8.9% |
| FY 2027In effect | $909 | $936 | $1,195 | $1,609 | $1,646 | +4.0% |
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 Winnebago, that runs from $909 for a studio up to $1,646 for four bedrooms, all five rates in the table above.
Winnebago is its own HUD metro area (Oshkosh-Neenah, WI), so the rate here is set from rents inside the county rather than a wider region.
Among Wisconsin's 72 counties, Winnebago ranks 24th for two-bedroom FMR. That's about 15% above the state median of $1,041 and about 12% above the national median county at $1,063. About 171,769 people live here, 7th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,080 in 54986 (Winneconne) and $1,380 in 54956 (Neenah), with the 14 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 |
|---|---|---|---|
| 54901 | Oshkosh | $1,190 | -0.4% |
| 54902 | Oshkosh | $1,090 | -8.8% |
| 54903 | Oshkosh | $1,200 | +0.4% |
| 54904 | Oshkosh | $1,170 | -2.1% |
| 54906 | Oshkosh | $1,195County rate | — |
| 54927 | Butte Des Morts | $1,160 | -2.9% |
| 54934 | Eureka | $1,195County rate | — |
| 54947 | Larsen | $1,370 | +14.6% |
| 54952 | Menasha | $1,190 | -0.4% |
| 54956 | Neenah | $1,380 | +15.5% |
| 54957 | Neenah | $1,200 | +0.4% |
| 54963 | Omro | $1,220 | +2.1% |
| 54964 | Pickett | $1,260 | +5.4% |
| 54980 | Waukau | $1,230 | +2.9% |
| 54985 | Winnebago | $1,190 | -0.4% |
| 54986 | Winneconne | $1,080 | -9.6% |
Nearby counties
Two-bedroom FMR, with how each compares to Winnebago.
Fond du Lac County
21 mi · 104,137 people
$1,224
+2%
Calumet County
22 mi · 52,942 people
$1,256
+5%
Outagamie County
23 mi · 192,826 people
$1,256
+5%
Green Lake County
30 mi · 19,263 people
$1,014
-15%
Waupaca County
31 mi · 51,569 people
$1,014
-15%
Waushara County
31 mi · 24,868 people
$1,014
-15%
Brown County
41 mi · 270,892 people
$1,287
+8%
Manitowoc County
42 mi · 81,406 people
$1,014
-15%
Questions people ask
$1,195 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $909 for a studio, $936 for one bedroom, $1,609 for three and $1,646 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 Winnebago actually go for?
HUD's number is one input. Search any address in Winnebago for a rent estimate built from nearby comps. Free to start, no card.
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