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2025 FMR And Section 8 Rents For Racine WI

Section 8 is a federal program that guarantees monthly rent payments to landlords. The U.S. Department of Housing and Urban Development (HUD) publishes Fair Market Rents, which are 40th percentile averages of local rents, to determine their standard payment amount.

Use our Section 8 rents table to find the best market for Section 8 investment. See Section 8 rents in each zip code of racine, WI.

Typically, the government guarantees 70% of the rent payment, and the tenant pays the remaining 30%. Section 8 tenants typically stay in their units 6-7x longer than regular tenants.

Zip CodeStudio1 Bed2 Bed3 Bed4 Bed
59221$950$1070$1390$1820$2110
59226$740$842$1092$1429$1662
59222$990$1060$1390$1830$2060
59223$840$980$1170$1460$1662
59248$740$842$1092$1429$1662
59244$740$842$1092$1429$1662
59240$870$990$1280$1680$1950
59219$740$842$1092$1430$1662
59231$790$900$1170$1530$1770
59217$940$1060$1380$1810$2100
59214$770$870$1130$1480$1720
59225$970$1130$1350$1690$1840
59218$740$842$1092$1430$1662
59241$740$842$1092$1430$1662
59250$740$842$1092$1430$1662
59243$740$842$1092$1430$1662
59215$740$842$1092$1429$1662
59230$840$960$1240$1630$1890
59242$770$870$1130$1480$1720
59247$770$870$1130$1480$1720

Zip Code:

59221

Studio Rent:

$950

1 Bedroom Rent:

$1070

2 Bedroom Rent:

$1390

3 Bedroom Rent:

$1820

4 Bedroom Rent:

$2110

Zip Code:

59226

Studio Rent:

$740

1 Bedroom Rent:

$842

2 Bedroom Rent:

$1092

3 Bedroom Rent:

$1429

4 Bedroom Rent:

$1662

Zip Code:

59222

Studio Rent:

$990

1 Bedroom Rent:

$1060

2 Bedroom Rent:

$1390

3 Bedroom Rent:

$1830

4 Bedroom Rent:

$2060

Zip Code:

59223

Studio Rent:

$840

1 Bedroom Rent:

$980

2 Bedroom Rent:

$1170

3 Bedroom Rent:

$1460

4 Bedroom Rent:

$1662

Zip Code:

59248

Studio Rent:

$740

1 Bedroom Rent:

$842

2 Bedroom Rent:

$1092

3 Bedroom Rent:

$1429

4 Bedroom Rent:

$1662

Zip Code:

59244

Studio Rent:

$740

1 Bedroom Rent:

$842

2 Bedroom Rent:

$1092

3 Bedroom Rent:

$1429

4 Bedroom Rent:

$1662

Zip Code:

59240

Studio Rent:

$870

1 Bedroom Rent:

$990

2 Bedroom Rent:

$1280

3 Bedroom Rent:

$1680

4 Bedroom Rent:

$1950

Zip Code:

59219

Studio Rent:

$740

1 Bedroom Rent:

$842

2 Bedroom Rent:

$1092

3 Bedroom Rent:

$1430

4 Bedroom Rent:

$1662

Zip Code:

59231

Studio Rent:

$790

1 Bedroom Rent:

$900

2 Bedroom Rent:

$1170

3 Bedroom Rent:

$1530

4 Bedroom Rent:

$1770

Zip Code:

59217

Studio Rent:

$940

1 Bedroom Rent:

$1060

2 Bedroom Rent:

$1380

3 Bedroom Rent:

$1810

4 Bedroom Rent:

$2100

Zip Code:

59214

Studio Rent:

$770

1 Bedroom Rent:

$870

2 Bedroom Rent:

$1130

3 Bedroom Rent:

$1480

4 Bedroom Rent:

$1720

Zip Code:

59225

Studio Rent:

$970

1 Bedroom Rent:

$1130

2 Bedroom Rent:

$1350

3 Bedroom Rent:

$1690

4 Bedroom Rent:

$1840

Zip Code:

59218

Studio Rent:

$740

1 Bedroom Rent:

$842

2 Bedroom Rent:

$1092

3 Bedroom Rent:

$1430

4 Bedroom Rent:

$1662

Zip Code:

59241

Studio Rent:

$740

1 Bedroom Rent:

$842

2 Bedroom Rent:

$1092

3 Bedroom Rent:

$1430

4 Bedroom Rent:

$1662

Zip Code:

59250

Studio Rent:

$740

1 Bedroom Rent:

$842

2 Bedroom Rent:

$1092

3 Bedroom Rent:

$1430

4 Bedroom Rent:

$1662

Zip Code:

59243

Studio Rent:

$740

1 Bedroom Rent:

$842

2 Bedroom Rent:

$1092

3 Bedroom Rent:

$1430

4 Bedroom Rent:

$1662

Zip Code:

59215

Studio Rent:

$740

1 Bedroom Rent:

$842

2 Bedroom Rent:

$1092

3 Bedroom Rent:

$1429

4 Bedroom Rent:

$1662

Zip Code:

59230

Studio Rent:

$840

1 Bedroom Rent:

$960

2 Bedroom Rent:

$1240

3 Bedroom Rent:

$1630

4 Bedroom Rent:

$1890

Zip Code:

59242

Studio Rent:

$770

1 Bedroom Rent:

$870

2 Bedroom Rent:

$1130

3 Bedroom Rent:

$1480

4 Bedroom Rent:

$1720

Zip Code:

59247

Studio Rent:

$770

1 Bedroom Rent:

$870

2 Bedroom Rent:

$1130

3 Bedroom Rent:

$1480

4 Bedroom Rent:

$1720

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Frequently Asked Section 8 Investing Questions

Fair Market Rent (FMR): HUD sets FMR by bedroom size for each area.

Payment Standard: The local PHA sets this between 90–110% of the FMR. It's the max PHA assistance.

Gross Rent: Contract rent (charged by landlord) + utility allowance (estimated tenant utility costs). Must fit payment standard limits.

Housing Assistance Payment (HAP):

The PHA pays the lower of:

  • Payment standard - Tenant's Total Tenant Payment (TTP).
  • Gross rent - TTP.

Example:

  • Payment standard: $1,500
  • Contract rent: $1,400
  • Utility allowance: $100
  • Tenant's TTP: $400
  • Gross rent: $1,500 ($1,400 + $100).
  • HAP: $1,100 (lower of $1,500 - $400 or $1,500 - $400).

Landlord receives $1,100 (PHA) + $400 (tenant) = $1,500 total.