FY2027 Small Area FMR · Cedar Bluffs, NE

ZIP 68015 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 68015 (Cedar Bluffs, NE) is $1,280 a month, up 4.1% from FY2026. That is 11% above the Saunders County, NE area-wide FMR of $1,153.

2-bedroom SAFMR$1,280per month ▲ 4.1%

Area-wide 2 BR FMR$1,153Saunders County, NE

Rank in the area5thof 20 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,152

2 BR Small Area FMR$1,280

110% of SAFMR$1,408

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,030▲ 5.1%

1 BR$1,130▲ 4.6%

2 BR$1,280▲ 4.1%

3 BR$1,720▲ 6.2%

4 BR$2,070▲ 13.1%

FY2027 FY2026

Where 68015 sits in the Saunders County, NE area

Of the 20 ZIP codes HUD lists for the area, 68015 has the 5th highest two-bedroom Small Area FMR. Saunders County, NE is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,153 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,280 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,030	$927 – $1,133	$931	$980
1 bedroom	$1,130	$1,017 – $1,243	$1,014	$1,080
2 bedrooms	$1,280	$1,152 – $1,408	$1,153	$1,230
3 bedrooms	$1,720	$1,548 – $1,892	$1,546	$1,620
4 bedrooms	$2,070	$1,863 – $2,277	$1,863	$1,830

A household renting a two-bedroom home at the Small Area FMR of $1,280 needs about $51,200 a year to keep housing costs at 30% of income. The area median family income is $117,600 and the 80% low-income limit for four people is $94,100. ZIP code 68015 lies mainly in Saunders County. See the Saunders County, NE county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
68018	Colon	5.9 mi	$1,290
68621	Ames	7.4 mi	$1,250
68648	Morse Bluff	8.2 mi	$1,260
68040	Malmo	8.5 mi	$1,200
68025	Fremont	8.8 mi	$1,230
68649	North Bend	11.0 mi	$1,370

Questions

What is the Fair Market Rent for ZIP code 68015?

HUD's FY2027 Small Area Fair Market Rents for 68015 are $1,030 (studio), $1,130 (1 BR), $1,280 (2 BR), $1,720 (3 BR) and $2,070 (4 BR) a month.

What is the Section 8 payment standard in 68015?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 68015 that range is $1,152 to $1,408 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 68015?

The FY2026 income limits of the Saunders County, NE area apply: median family income $117,600, low-income (80%) limit $94,100 for a family of four.