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Rent by ZIP · Milwaukee County

Rent in Franklin, WI 53132

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,600 (-1.8% vs FY2026). Renters in this ZIP code pay a median $1,499 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,250$1,2500%$1,125–1,375$921 ±$94
1 bedroom$1,340$1,360-1.5%$1,206–1,474$1,145 ±$189
2 bedrooms$1,600$1,630-1.8%$1,440–1,760$1,647 ±$94
3 bedrooms$1,970$2,010-2%$1,773–2,167$1,683 ±$223
4 bedrooms$2,110$2,170-2.8%$1,899–2,321–

Small Area FMRs for the Milwaukee-Waukesha, WI MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Milwaukee-Waukesha, WI MSA, 2 bedrooms: $1,263.

What renters pay in 53132

Median gross rent$1,499±$117 · all sizes
Renter households3,05022% of occupied homes
No cash rent42households

How rents are spread

Under $1,00020%
$1,000–1,49930%
$1,500–1,99933%
$2,000–2,49916%
$2,500–2,9991%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
53130Hales Corners$1,490$1,512
53129Greendale$1,350$1,324
53128Genoa City$1,420$1,536
53127Genesee Depot$1,340–
53137Helenville$1,260–
53126Franksville$1,360$793

Fair Market Rents across Milwaukee County, WI · All WI counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.