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Nebraska · FIPS 31031 · HUD FY 2027

Cherry County, Nebraska Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Cherry County is $1,114 a month (rent plus utilities), 12% below the Nebraska average of $1,260 and 37% below the U.S. average of $1,761. That is up $90 (8.8%) from FY 2026. At 30% of income, a household needs about $44,560 a year to afford it.

  • $1,1142-bedroom FMR+$90 (+8.8%) vs FY 2026
  • $8521-bedroom FMRNebraska: $1,036 · U.S.: $1,478
  • $44,560Income for a 2-bedroom$21/hour full-time
  • 14 of 932BR rank in Nebraska1 = highest rent

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Default: the income a 2-bedroom here needs at 30%.

Rent you can afford at 30% of income$1,114/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Cherry County FMR$1,114$44,560–
Nebraska average$1,260$50,410–
U.S. average$1,761$70,432–
Cherry County Fair Market Rents, FY 2027 vs FY 2026, with state and U.S. averages
UnitCherry County FY 2027FY 2026ChangeNebraska avgU.S. avgIncome needed
Studio$807$710+$97 (+13.7%)$977$1,379$32,280
1 bedroom$852$780+$72 (+9.2%)$1,036$1,478$34,080
2 bedrooms$1,114$1,024+$90 (+8.8%)$1,260$1,761$44,560
3 bedrooms$1,392$1,228+$164 (+13.4%)$1,659$2,266$55,680
4 bedrooms$1,516$1,368+$148 (+10.8%)$1,883$2,607$60,640

How Cherry County compares

  • Cherry County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
  • Across Nebraska, 2-bedroom FMRs run from $1,014 (Wheeler County) to $1,450 (Cass County).
  • Studio to 4-bedroom: $807, $852, $1,114, $1,392, $1,516. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
  • HUD also publishes ZIP-level Small Area FMRs. For the 11 ZIP codes mostly in Cherry County (by land area), the 2-bedroom figure ranges from $1,010 to $1,180.

Small Area FMRs by ZIP code in Cherry County

FY 2027 Small Area Fair Market Rents, ZIP codes in Cherry County
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
69135$770$830$1,070$1,350$1,480+$70 (+7.0%)4% below
69161$730$780$1,010$1,260$1,390+$50 (+5.2%)9% below
69201$830$900$1,150$1,460$1,600+$90 (+8.5%)3% above
69211$730$780$1,010$1,280$1,390+$50 (+5.2%)9% below
69212$790$900$1,100$1,440$1,600+$80 (+7.8%)1% below
69216$800$850$1,110$1,390$1,510+$90 (+8.8%)about the same as
69218$760$810$1,050$1,280$1,570+$70 (+7.1%)6% below
69219$770$830$1,070$1,340$1,520+$70 (+7.0%)4% below
69221$830$900$1,150$1,460$1,600+$90 (+8.5%)3% above
69343$730$780$1,010$1,210$1,590+$50 (+5.2%)9% below
69366$850$900$1,180$1,460$1,600+$210 (+21.6%)6% above

Sources

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.

All Nebraska counties · How HUD sets these rents