FY2026 Fair Market Rents — Bayfield County
Studio
$671
1BR
$742
2BR
$973
3BR
$1,283
4BR
$1,288
Bayfield County, Wisconsin
FIPS 55007 · County-level FMR and income limit data
FMR Area: Bayfield County, WI
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $671 | $8,052 |
| 1-Bedroom | $742 | $8,904 |
| 2-Bedroom | $973 | $11,676 |
| 3-Bedroom | $1,283 | $15,396 |
| 4-Bedroom | $1,288 | $15,456 |
To afford the FY2026 2-bedroom FMR of $973/mo under the 30%-of-income rule, a household needs about
$38,920/yr ($3,243/mo). Area Median Income is $91,600.
At WI's federal minimum wage of $7.25/hr, a worker would need to work 104 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $671 | $742 | $973 | $1,283 | $1,288 |
| FY2025 | $660 | $711 | $933 | $1,232 | $1,237 |
| FY2024 | $733 | $738 | $905 | $1,201 | $1,205 |
| FY2023 | $683 | $694 | $836 | $1,119 | $1,123 |
| FY2022 | $621 | $625 | $796 | $1,053 | $1,079 |
| FY2021 | $565 | $569 | $750 | $933 | $1,017 |
| FY2020 | $530 | $593 | $781 | $973 | $1,058 |
FY2026 Income Limits
Area Median Income: $91,600
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,200 | $23,050 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $33,600 | $38,400 | $43,200 | $48,000 | $51,850 | $55,700 |
| 80% AMI | $53,800 | $61,450 | $69,150 | $76,800 | $82,950 | $89,100 |