FY2027 Small Area FMR · Lincoln, NE

ZIP 68527 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 68527 (Lincoln, NE) is $1,340 a month, up 8.1% from FY2026. That is 9% above the Lincoln, NE area-wide FMR of $1,230.

2-bedroom SAFMR$1,340per month ▲ 8.1%

Area-wide 2 BR FMR$1,230Lincoln, NE

Rank in the area16thof 51 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,206

2 BR Small Area FMR$1,340

110% of SAFMR$1,474

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

Studio$1,030▲ 10.8%

1 BR$1,100▲ 8.9%

2 BR$1,340▲ 8.1%

3 BR$1,840▲ 7.6%

4 BR$2,060▲ 10.8%

FY2027 FY2026

Where 68527 sits in the Lincoln, NE area

Of the 51 ZIP codes HUD lists for the area, 68527 has the 16th highest two-bedroom Small Area FMR. Lincoln, 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 $1,230 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,340 for this ZIP code instead.

ZIP code 68527 crosses more than one HUD area. HUD also lists it under Omaha-Council Bluffs, NE-IA (same figures). The figure that applies depends on which side of the line the home is.

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	$948	$930
1 bedroom	$1,100	$990 – $1,210	$1,009	$1,010
2 bedrooms	$1,340	$1,206 – $1,474	$1,230	$1,240
3 bedrooms	$1,840	$1,656 – $2,024	$1,703	$1,710
4 bedrooms	$2,060	$1,854 – $2,266	$1,915	$1,860

A household renting a two-bedroom home at the Small Area FMR of $1,340 needs about $53,600 a year to keep housing costs at 30% of income. The area median family income is $106,600 and the 80% low-income limit for four people is $85,300. ZIP code 68527 lies mainly in Lancaster County and Cass County. See the Lincoln, NE county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
68520	Lincoln	3.6 mi	$1,800
68507	Lincoln	4.8 mi	$1,060
68505	Lincoln	5.2 mi	$1,300
68461	Walton	5.9 mi	$1,530
68347	Eagle	5.9 mi	$1,060
68510	Lincoln	6.5 mi	$1,030

Questions

What is the Fair Market Rent for ZIP code 68527?

HUD's FY2027 Small Area Fair Market Rents for 68527 are $1,030 (studio), $1,100 (1 BR), $1,340 (2 BR), $1,840 (3 BR) and $2,060 (4 BR) a month.

What is the Section 8 payment standard in 68527?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 68527 that range is $1,206 to $1,474 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 68527?

The FY2026 income limits of the Lincoln, NE area apply: median family income $106,600, low-income (80%) limit $85,300 for a family of four.