FY2027 Small Area FMR · Ames, NE

ZIP 68621 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 68621 (Ames, NE) is $1,250 a month, up 11.6% from FY2026. That is 4% above the Dodge County, NE area-wide FMR of $1,207.

2-bedroom SAFMR$1,250per month ▲ 11.6%

Area-wide 2 BR FMR$1,207Dodge County, NE

Rank in the area3rdof 16 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,125

2 BR Small Area FMR$1,250

110% of SAFMR$1,375

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

Studio$920▲ 16.5%

1 BR$980▲ 12.6%

2 BR$1,250▲ 11.6%

3 BR$1,520▲ 10.9%

4 BR$1,730▲ 13.8%

FY2027 FY2026

Where 68621 sits in the Dodge County, NE area

Of the 16 ZIP codes HUD lists for the area, 68621 has the 3rd highest two-bedroom Small Area FMR. Dodge 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 $1,207 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,250 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	$920	$828 – $1,012	$874	$790
1 bedroom	$980	$882 – $1,078	$923	$870
2 bedrooms	$1,250	$1,125 – $1,375	$1,207	$1,120
3 bedrooms	$1,520	$1,368 – $1,672	$1,438	$1,370
4 bedrooms	$1,730	$1,557 – $1,903	$1,617	$1,520

A household renting a two-bedroom home at the Small Area FMR of $1,250 needs about $50,000 a year to keep housing costs at 30% of income. The area median family income is $97,400 and the 80% low-income limit for four people is $77,900. ZIP code 68621 lies mainly in Dodge County. See the Dodge County, NE county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
68015	Cedar Bluffs	7.4 mi	$1,280
68649	North Bend	7.6 mi	$1,370
68025	Fremont	8.7 mi	$1,230
68648	Morse Bluff	10.4 mi	$1,260
68072	Winslow	10.7 mi	$1,060
68044	Nickerson	11.0 mi	$1,200

Questions

What is the Fair Market Rent for ZIP code 68621?

HUD's FY2027 Small Area Fair Market Rents for 68621 are $920 (studio), $980 (1 BR), $1,250 (2 BR), $1,520 (3 BR) and $1,730 (4 BR) a month.

What is the Section 8 payment standard in 68621?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 68621 that range is $1,125 to $1,375 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 68621?

The FY2026 income limits of the Dodge County, NE area apply: median family income $97,400, low-income (80%) limit $77,900 for a family of four.