Nebraska · FIPS 31035 · HUD FY 2027
Clay County, Nebraska Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Clay County is $1,014 a month (rent plus utilities), 20% below the Nebraska average of $1,260 and 42% below the U.S. average of $1,761. That is up $53 (5.5%) from FY 2026. At 30% of income, a household needs about $40,560 a year to afford it.
- $1,0142-bedroom FMR+$53 (+5.5%) vs FY 2026
- $7751-bedroom FMRNebraska: $1,036 · U.S.: $1,478
- $40,560Income for a 2-bedroom$20/hour full-time
- 28 of 932BR rank in Nebraska1 = highest rent
| Unit | Clay County FY 2027 | FY 2026 | Change | Nebraska avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $734 | $666 | +$68 (+10.2%) | $977 | $1,379 | $29,360 |
| 1 bedroom | $775 | $759 | +$16 (+2.1%) | $1,036 | $1,478 | $31,000 |
| 2 bedrooms | $1,014 | $961 | +$53 (+5.5%) | $1,260 | $1,761 | $40,560 |
| 3 bedrooms | $1,208 | $1,152 | +$56 (+4.9%) | $1,659 | $2,266 | $48,320 |
| 4 bedrooms | $1,333 | $1,304 | +$29 (+2.2%) | $1,883 | $2,607 | $53,320 |
How Clay County compares
- Clay 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: $734, $775, $1,014, $1,208, $1,333. 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 10 ZIP codes mostly in Clay County (by land area), the 2-bedroom figure ranges from $1,010 to $1,500.
Small Area FMRs by ZIP code in Clay County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 68452 | $800 | $890 | $1,100 | $1,370 | $1,470 | +$70 (+6.8%) | 8% above |
| 68933 | $730 | $780 | $1,010 | $1,210 | $1,340 | +$50 (+5.2%) | about the same as |
| 68935 | $780 | $820 | $1,080 | $1,290 | $1,420 | +$120 (+12.5%) | 7% above |
| 68938 | $730 | $780 | $1,010 | $1,210 | $1,340 | +$50 (+5.2%) | about the same as |
| 68941 | $780 | $840 | $1,060 | $1,300 | $1,390 | +$90 (+9.3%) | 5% above |
| 68944 | $730 | $780 | $1,010 | $1,210 | $1,440 | +$50 (+5.2%) | about the same as |
| 68954 | $860 | $940 | $1,160 | $1,450 | $1,560 | +$70 (+6.4%) | 14% above |
| 68975 | $790 | $840 | $1,090 | $1,300 | $1,430 | +$70 (+6.9%) | 7% above |
| 68979 | $850 | $900 | $1,170 | $1,400 | $1,540 | +$90 (+8.3%) | 15% above |
| 68980 | $1,090 | $1,170 | $1,500 | $1,840 | $2,080 | +$80 (+5.6%) | 48% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
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.