FY2026 Fair Market Rents — Monroe County
Studio
$714
1BR
$828
2BR
$1,036
3BR
$1,360
4BR
$1,413
Monroe County, Wisconsin
FIPS 55081 · County-level FMR and income limit data
FMR Area: Monroe County, WI
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $714 | $8,568 |
| 1-Bedroom | $828 | $9,936 |
| 2-Bedroom | $1,036 | $12,432 |
| 3-Bedroom | $1,360 | $16,320 |
| 4-Bedroom | $1,413 | $16,956 |
To afford the FY2026 2-bedroom FMR of $1,036/mo under the 30%-of-income rule, a household needs about
$41,440/yr ($3,453/mo). Area Median Income is $93,800.
At WI's federal minimum wage of $7.25/hr, a worker would need to work 110 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $714 | $828 | $1,036 | $1,360 | $1,413 |
| FY2025 | $726 | $857 | $1,059 | $1,375 | $1,519 |
| FY2024 | $676 | $811 | $998 | $1,297 | $1,427 |
| FY2023 | $614 | $740 | $919 | $1,184 | $1,360 |
| FY2022 | $577 | $681 | $869 | $1,111 | $1,265 |
| FY2021 | $545 | $627 | $826 | $1,044 | $1,245 |
| FY2020 | $550 | $641 | $844 | $1,055 | $1,313 |
FY2026 Income Limits
Area Median Income: $93,800
| 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 |