FY2026 Fair Market Rents — Dane County
Studio
$1,268
1BR
$1,482
2BR
$1,694
3BR
$2,236
4BR
$2,509
Dane County, Wisconsin
FIPS 55025 · County-level FMR and income limit data
FMR Area: Madison, WI HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,268 | $15,216 |
| 1-Bedroom | $1,482 | $17,784 |
| 2-Bedroom | $1,694 | $20,328 |
| 3-Bedroom | $2,236 | $26,832 |
| 4-Bedroom | $2,509 | $30,108 |
To afford the FY2026 2-bedroom FMR of $1,694/mo under the 30%-of-income rule, a household needs about
$67,760/yr ($5,647/mo). Area Median Income is $135,300.
At WI's federal minimum wage of $7.25/hr, a worker would need to work 180 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,268 | $1,482 | $1,694 | $2,236 | $2,509 |
| FY2025 | $1,080 | $1,282 | $1,472 | $1,935 | $2,161 |
| FY2024 | $1,004 | $1,182 | $1,372 | $1,808 | $1,986 |
| FY2023 | $1,007 | $1,183 | $1,378 | $1,810 | $2,041 |
| FY2022 | $929 | $1,076 | $1,254 | $1,676 | $1,948 |
| FY2021 | $889 | $1,039 | $1,211 | $1,641 | $1,965 |
| FY2020 | $861 | $1,015 | $1,186 | $1,635 | $1,972 |
FY2026 Income Limits
Area Median Income: $135,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $28,450 | $32,500 | $36,550 | $40,600 | $43,850 | $47,100 |
| 50% AMI | $47,400 | $54,150 | $60,900 | $67,650 | $73,100 | $78,500 |
| 80% AMI | $74,800 | $85,450 | $96,150 | $106,800 | $115,350 | $123,900 |