Nebraska · FIPS 31131 · HUD FY 2027
Otoe County, Nebraska Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Otoe County is $1,112 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 $84 (8.2%) from FY 2026. At 30% of income, a household needs about $44,480 a year to afford it.
- $1,1122-bedroom FMR+$84 (+8.2%) vs FY 2026
- $8501-bedroom FMRNebraska: $1,036 · U.S.: $1,478
- $44,480Income for a 2-bedroom$21/hour full-time
- 15 of 932BR rank in Nebraska1 = highest rent
| Unit | Otoe County FY 2027 | FY 2026 | Change | Nebraska avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $805 | $713 | +$92 (+12.9%) | $977 | $1,379 | $32,200 |
| 1 bedroom | $850 | $783 | +$67 (+8.6%) | $1,036 | $1,478 | $34,000 |
| 2 bedrooms | $1,112 | $1,028 | +$84 (+8.2%) | $1,260 | $1,761 | $44,480 |
| 3 bedrooms | $1,464 | $1,371 | +$93 (+6.8%) | $1,659 | $2,266 | $58,560 |
| 4 bedrooms | $1,513 | $1,432 | +$81 (+5.7%) | $1,883 | $2,607 | $60,520 |
How Otoe County compares
- Otoe 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: $805, $850, $1,112, $1,464, $1,513. 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 Otoe County (by land area), the 2-bedroom figure ranges from $1,010 to $1,560.
Small Area FMRs by ZIP code in Otoe County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 68324 | $810 | $860 | $1,110 | $1,420 | $1,520 | +$40 (+3.7%) | about the same as |
| 68344 | $830 | $880 | $1,150 | $1,510 | $1,560 | −$40 (−3.4%) | 3% above |
| 68346 | $890 | $940 | $1,230 | $1,620 | $1,670 | +$270 (+28.1%) | 11% above |
| 68379 | $780 | $830 | $1,080 | $1,450 | $1,480 | +$70 (+6.9%) | 3% below |
| 68382 | $800 | $850 | $1,110 | $1,460 | $1,510 | +$150 (+15.6%) | about the same as |
| 68410 | $820 | $860 | $1,130 | $1,490 | $1,540 | +$90 (+8.7%) | 2% above |
| 68417 | $1,060 | $1,120 | $1,460 | $1,920 | $1,990 | +$110 (+8.1%) | 31% above |
| 68418 | $1,130 | $1,190 | $1,560 | $2,050 | $2,120 | +$180 (+13.0%) | 40% above |
| 68446 | $730 | $780 | $1,010 | $1,350 | $1,390 | +$50 (+5.2%) | 9% below |
| 68448 | $1,060 | $1,120 | $1,470 | $1,940 | $2,000 | +$140 (+10.5%) | 32% above |
| 68454 | $940 | $990 | $1,280 | $1,690 | $1,760 | +$70 (+5.8%) | 15% 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.