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RentData.org Logo Janesville-Beloit Fair Market Rent FY 2020 Janesville-Beloit, WI MSA Rental Data

Fair Market Rent Prices in Janesville-Beloit, WI :
$630 $634 $831 $1,097 $1,126
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Janesville-Beloit are average compared to the national average. This FMR area is more expensive than 72% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Janesville-Beloit is $831 per month.

The previous year, rent for a two-bedroom home was $793 per month. This is a 4.79% increase year-over-year.

This FMR rate applies to Afton, WI, Avalon, WI, Footville, WI, Sharon, WI, Orfordville, WI, Darien, WI, Clinton, WI, Evansville, WI, Beloit, WI, Janesville, WI and other cities within the region. The Metro Code or CBSA code for this region is METRO27500M27500.

Additionally, This Fair Market Rent (FMR) area Janesville-Beloit, WI MSA spans one county or city in Wisconsin which is listed in the table below. Estimated population of Janesville-Beloit, WI MSA FMR area is 161,225 people based on latest Census data.

Compared to the rest of Wisconsin, the Janesville-Beloit FMR area is more expensive than 73% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Janesville-Beloit. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Janesville-Beloit

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 669
1-BR 1-Bedroom $ 673
2-BR 2-Bedroom $ 882
3-BR 3-Bedroom $ 1164
4-BR 4-Bedroom $ 1195
Change Year:

There is just one county (listed below) within the Janesville-Beloit, WI MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Milwaukee and Madison.

County / Region Est. Population
Janesville-Beloit, WI Metro 161,225
Zip Codes in Janesville-Beloit, WI MSA

There are 14 unique zip codes in this Fair Market Rent (FMR) area:

53114, 53501, 53505, 53511, 53512, 53525, 53536, 53537, 53545, 53546, 53547, 53548, 53576 and 53585

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