Income Limits by County

FY2027 Small Area FMR · Lincoln, NE

ZIP 68532 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 68532 (Lincoln, NE) is $1,350 a month, up 1.5% from FY2026. That is 10% above the Lincoln, NE area-wide FMR of $1,230.

2-bedroom SAFMR$1,350per month ▲ 1.5%
Area-wide 2 BR FMR$1,230Lincoln, NE
Rank in the area15thof 51 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,215
2 BR Small Area FMR$1,350
110% of SAFMR$1,485

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

FY2027 FY2026

Where 68532 sits in the Lincoln, NE area

$1,030$1,820median $1,220

Of the 51 ZIP codes HUD lists for the area, 68532 has the 15th 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 $1,350 for this ZIP code instead.

ZIP code 68532 crosses more than one HUD area. HUD also lists it under Seward County, NE (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$1,040$936 – $1,144$948$990
1 bedroom$1,100$990 – $1,210$1,009$1,080
2 bedrooms$1,350$1,215 – $1,485$1,230$1,330
3 bedrooms$1,870$1,683 – $2,057$1,703$1,850
4 bedrooms$2,100$1,890 – $2,310$1,915$1,990

A household renting a two-bedroom home at the Small Area FMR of $1,350 needs about $54,000 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 68532 lies mainly in Lancaster County. See the Lincoln, NE county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
68528Lincoln2.1 mi$1,500
68522Lincoln4.1 mi$1,390
68339Denton4.4 mi$1,220
68523Lincoln5.9 mi$1,300
68423Pleasant Dale6.1 mi$1,030
68508Lincoln7.4 mi$1,070

Questions

What is the Fair Market Rent for ZIP code 68532?

HUD's FY2027 Small Area Fair Market Rents for 68532 are $1,040 (studio), $1,100 (1 BR), $1,350 (2 BR), $1,870 (3 BR) and $2,100 (4 BR) a month.

What is the Section 8 payment standard in 68532?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 68532 that range is $1,215 to $1,485 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 68532?

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.