FY2027 Small Area FMR · Odell, NE

ZIP 68415 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 68415 (Odell, NE) is $1,010 a month, up 5.2% from FY2026. That is 1% below the Gage County, NE area-wide FMR of $1,025.

2-bedroom SAFMR$1,010per month ▲ 5.2%

Area-wide 2 BR FMR$1,025Gage County, NE

Rank in the area16thof 21 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909

2 BR Small Area FMR$1,010

110% of SAFMR$1,111

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

Studio$710▲ 7.6%

1 BR$780▲ 6.8%

2 BR$1,010▲ 5.2%

3 BR$1,210▲ 5.2%

4 BR$1,590▲ 22.3%

FY2027 FY2026

Where 68415 sits in the Gage County, NE area

Of the 21 ZIP codes HUD lists for the area, 68415 has the 16th highest two-bedroom Small Area FMR. Gage 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 $1,025 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,010 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	$710	$639 – $781	$714	$660
1 bedroom	$780	$702 – $858	$784	$730
2 bedrooms	$1,010	$909 – $1,111	$1,025	$960
3 bedrooms	$1,210	$1,089 – $1,331	$1,221	$1,150
4 bedrooms	$1,590	$1,431 – $1,749	$1,601	$1,300

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $97,600 and the 80% low-income limit for four people is $78,100. ZIP code 68415 lies mainly in Gage County. See the Gage County, NE county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
68342	Diller	6.9 mi	$1,060
68466	Wymore	9.4 mi	$1,010
68440	Steele City	9.6 mi	$1,060
68318	Blue Springs	11.2 mi	$1,380
66412	Bremen	11.4 mi	$970
66946	Hollenberg	12.0 mi	$980

Questions

What is the Fair Market Rent for ZIP code 68415?

HUD's FY2027 Small Area Fair Market Rents for 68415 are $710 (studio), $780 (1 BR), $1,010 (2 BR), $1,210 (3 BR) and $1,590 (4 BR) a month.

What is the Section 8 payment standard in 68415?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 68415 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 68415?

The FY2026 income limits of the Gage County, NE area apply: median family income $97,600, low-income (80%) limit $78,100 for a family of four.