Milwaukee, WI: Fair Market Rent by ZIP Code (FY2027)

ZIP-level rents for Milwaukee in Milwaukee County, effective October 1, 2026.

Data: HUD FY2027 Small Area FMRs (effective October 1, 2026), Census ACS 5-Year 2020–2024. Spot-checked against the official sources on November 5, 2026 (results). Last site change: November 10, 2026 (changelog).

$1,210–$1,8902-bedroom Small Area FMR across 22 ZIP codes
$1,2632-bedroom FMR for the whole Milwaukee County area
$1,059Median gross rent in Milwaukee (ACS)
135,297Renter households (73% of the county)

Milwaukee is in Milwaukee County. HUD sets one Fair Market Rent for the whole Milwaukee-Waukesha, WI area, $1,263 for two bedrooms in FY2027. Bedroom sizes, Section 8 payment standards and income limits for the county are on the Milwaukee County fair market rent page. This page shows what differs inside Milwaukee: the ZIP-level rents HUD publishes for metro areas and Census figures for the city itself.

Milwaukee fair market rent by ZIP code (FY2027)

The two-bedroom Small Area FMR runs from $1,210 (ZIP 53204, 53205, 53206 and 10 more) to $1,890 (ZIP 53202, 53203), 50% above the area FMR. 6 of 22 ZIP codes are above the area figure, 15 below it.

ZIP0 BR1 BR2 BR3 BR4 BR2 BR vs area FMR
53202$1,470$1,590$1,890$2,320$2,490+50%
53203$1,470$1,590$1,890$2,320$2,490+50%
53204$930$1,010$1,210$1,490$1,610−4%
53205$930$1,010$1,210$1,490$1,610−4%
53206$930$1,010$1,210$1,490$1,610−4%
53207$1,030$1,110$1,320$1,620$1,740+5%
53208$930$1,010$1,210$1,490$1,610−4%
53209$930$1,010$1,210$1,490$1,610−4%
53210$930$1,010$1,210$1,490$1,610−4%
53211$1,220$1,310$1,560$1,920$2,050+24%
53212$970$1,040$1,240$1,520$1,630−2%
53215$930$1,010$1,210$1,490$1,610−4%
53216$930$1,010$1,210$1,490$1,610−4%
53218$930$1,010$1,210$1,490$1,610−4%
53219$930$1,010$1,210$1,490$1,610−4%
53221$1,030$1,110$1,320$1,620$1,740+5%
53222$930$1,010$1,210$1,490$1,610−4%
53223$980$1,060$1,260$1,550$1,660−0%
53224$1,010$1,080$1,290$1,590$1,700+2%
53225$930$1,010$1,210$1,490$1,610−4%
53233$930$1,010$1,210$1,490$1,610−4%
53295$970$1,040$1,240$1,520$1,630−2%

ZIP codes with at least 30% of their land area inside Milwaukee (Census 2020 ZIP code tabulation areas). Mail ZIP codes and ZCTAs can differ slightly at the edges.

Source: HUD FY2027 Small Area FMRs (effective October 1, 2026, claims ledger), how SAFMRs work.

Rent in Milwaukee compared with Milwaukee County

The median gross rent in Milwaukee is $1,059 a month (±$11), 4% lower than in Milwaukee County as a whole ($1,101). Renter households in Milwaukee earn a median $41,063 a year (±$1,025), against $44,490 county-wide. The typical rent takes 31% of the typical renter income, and 51% of renters pay 30% or more of their income on rent.

Source: Census Bureau, American Community Survey 5-Year 2020–2024 (tables B25064, B25119, B25070), place and county level.

Section 8 in Milwaukee

Where the housing authority uses ZIP-level figures, the voucher payment standard is normally 90% to 110% of the ZIP's Small Area FMR: for a two-bedroom unit in Milwaukee that is about $1,089 to $2,079 depending on the ZIP code. Otherwise the county-wide FMR applies. See payment standards and income limits for Milwaukee County or estimate the tenant share with the Section 8 calculator.

By Karsten Looks