We have a MVHR with silencers, can still hear it at 40% or higher. We set it at 15% for background ventilation, 75% boost and just let it do it's thing.
When Humidity is higher outside it can sit at higher (30 - 50%) and it is audible but you get used to it eventually.
If it becomes a problem, we raise the humidity allowance to 70% or something and it drops itself back down to something very low and inaudible.