FY2027 Small Area FMR · Rulo, NE

ZIP 68431 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 68431 (Rulo, NE) is $1,070 a month, up 8.1% from FY2026. That is 6% above the Richardson County, NE area-wide FMR of $1,014.

2-bedroom SAFMR$1,070per month ▲ 8.1%

Area-wide 2 BR FMR$1,014Richardson County, NE

Rank in the area3rdof 9 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$963

2 BR Small Area FMR$1,070

110% of SAFMR$1,177

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

Studio$780▲ 9.9%

1 BR$820▲ 7.9%

2 BR$1,070▲ 8.1%

3 BR$1,320▲ 8.2%

4 BR$1,500▲ 6.4%

FY2027 FY2026

Where 68431 sits in the Richardson County, NE area

Of the 9 ZIP codes HUD lists for the area, 68431 has the 3rd highest two-bedroom Small Area FMR. Richardson 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 $1,014 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,070 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	$780	$702 – $858	$734	$710
1 bedroom	$820	$738 – $902	$775	$760
2 bedrooms	$1,070	$963 – $1,177	$1,014	$990
3 bedrooms	$1,320	$1,188 – $1,452	$1,228	$1,220
4 bedrooms	$1,500	$1,350 – $1,650	$1,333	$1,410

A household renting a two-bedroom home at the Small Area FMR of $1,070 needs about $42,800 a year to keep housing costs at 30% of income. The area median family income is $86,500 and the 80% low-income limit for four people is $75,300. ZIP code 68431 lies mainly in Richardson County. See the Richardson County, NE county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
64437	Craig	6.1 mi	$1,160
68355	Falls City	7.4 mi	$1,030
66094	White Cloud	9.5 mi	$970
64470	Mound City	12.8 mi	$990
64451	Forest City	13.7 mi	$1,140
68457	Verdon	15.0 mi	$1,080

Questions

What is the Fair Market Rent for ZIP code 68431?

HUD's FY2027 Small Area Fair Market Rents for 68431 are $780 (studio), $820 (1 BR), $1,070 (2 BR), $1,320 (3 BR) and $1,500 (4 BR) a month.

What is the Section 8 payment standard in 68431?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 68431 that range is $963 to $1,177 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 68431?

The FY2026 income limits of the Richardson County, NE area apply: median family income $86,500, low-income (80%) limit $75,300 for a family of four.