FY2026 Fair Market Rents — Racine County
Studio
$851
1BR
$988
2BR
$1,235
3BR
$1,592
4BR
$1,962
Racine County, Wisconsin
FIPS 55101 · County-level FMR and income limit data
FMR Area: Racine, WI MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $851 | $10,212 |
| 1-Bedroom | $988 | $11,856 |
| 2-Bedroom | $1,235 | $14,820 |
| 3-Bedroom | $1,592 | $19,104 |
| 4-Bedroom | $1,962 | $23,544 |
To afford the FY2026 2-bedroom FMR of $1,235/mo under the 30%-of-income rule, a household needs about
$49,400/yr ($4,117/mo). Area Median Income is $104,300.
At WI's federal minimum wage of $7.25/hr, a worker would need to work 132 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $851 | $988 | $1,235 | $1,592 | $1,962 |
| FY2025 | $788 | $901 | $1,149 | $1,490 | $1,814 |
| FY2024 | $740 | $842 | $1,092 | $1,429 | $1,662 |
| FY2023 | $683 | $778 | $1,021 | $1,329 | $1,490 |
| FY2022 | $619 | $708 | $931 | $1,219 | $1,336 |
| FY2021 | $598 | $688 | $907 | $1,195 | $1,306 |
| FY2020 | $564 | $663 | $866 | $1,154 | $1,209 |
FY2026 Income Limits
Area Median Income: $104,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $21,950 | $25,050 | $28,200 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $36,550 | $41,750 | $46,950 | $52,150 | $56,350 | $60,500 |
| 80% AMI | $58,450 | $66,800 | $75,150 | $83,450 | $90,150 | $96,850 |