FY2027 Small Area FMR · Mc Cool Junction, NE

ZIP 68401 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 68401 (Mc Cool Junction, NE) is $1,090 a month, up 10.1% from FY2026. That is 4% above the York County, NE area-wide FMR of $1,047.

2-bedroom SAFMR$1,090per month ▲ 10.1%

Area-wide 2 BR FMR$1,047York County, NE

Rank in the area8thof 16 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$981

2 BR Small Area FMR$1,090

110% of SAFMR$1,199

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

Studio$790▲ 14.5%

1 BR$850▲ 13.3%

2 BR$1,090▲ 10.1%

3 BR$1,390▲ 13.9%

4 BR$1,430▲ 9.2%

FY2027 FY2026

Where 68401 sits in the York County, NE area

Of the 16 ZIP codes HUD lists for the area, 68401 has the 8th highest two-bedroom Small Area FMR. York 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 $1,047 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,090 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	$790	$711 – $869	$758	$690
1 bedroom	$850	$765 – $935	$815	$750
2 bedrooms	$1,090	$981 – $1,199	$1,047	$990
3 bedrooms	$1,390	$1,251 – $1,529	$1,331	$1,220
4 bedrooms	$1,430	$1,287 – $1,573	$1,376	$1,310

A household renting a two-bedroom home at the Small Area FMR of $1,090 needs about $43,600 a year to keep housing costs at 30% of income. The area median family income is $98,700 and the 80% low-income limit for four people is $78,950. ZIP code 68401 lies mainly in York County. See the York County, NE county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
68354	Fairmont	6.9 mi	$1,010
68467	York	8.8 mi	$1,030
68351	Exeter	9.8 mi	$1,290
68371	Henderson	10.7 mi	$1,070
68365	Grafton	11.4 mi	$1,090
68330	Cordova	13.2 mi	$1,070

Questions

What is the Fair Market Rent for ZIP code 68401?

HUD's FY2027 Small Area Fair Market Rents for 68401 are $790 (studio), $850 (1 BR), $1,090 (2 BR), $1,390 (3 BR) and $1,430 (4 BR) a month.

What is the Section 8 payment standard in 68401?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 68401 that range is $981 to $1,199 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 68401?

The FY2026 income limits of the York County, NE area apply: median family income $98,700, low-income (80%) limit $78,950 for a family of four.