FY2027 Small Area FMR · Monroe, NE

ZIP 68647 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 68647 (Monroe, NE) is $1,150 a month, up 7.5% from FY2026. That is 1% above the Platte County, NE area-wide FMR of $1,139.

2-bedroom SAFMR$1,150per month ▲ 7.5%

Area-wide 2 BR FMR$1,139Platte County, NE

Rank in the area4thof 14 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,035

2 BR Small Area FMR$1,150

110% of SAFMR$1,265

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

Studio$830▲ 12.2%

1 BR$880▲ 7.3%

2 BR$1,150▲ 7.5%

3 BR$1,510▲ 7.1%

4 BR$1,510▲ 6.3%

FY2027 FY2026

Where 68647 sits in the Platte County, NE area

Of the 14 ZIP codes HUD lists for the area, 68647 has the 4th highest two-bedroom Small Area FMR. Platte 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 $1,139 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,150 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	$830	$747 – $913	$825	$740
1 bedroom	$880	$792 – $968	$871	$820
2 bedrooms	$1,150	$1,035 – $1,265	$1,139	$1,070
3 bedrooms	$1,510	$1,359 – $1,661	$1,491	$1,410
4 bedrooms	$1,510	$1,359 – $1,661	$1,497	$1,420

A household renting a two-bedroom home at the Small Area FMR of $1,150 needs about $46,000 a year to keep housing costs at 30% of income. The area median family income is $93,200 and the 80% low-income limit for four people is $76,100. ZIP code 68647 lies mainly in Platte County. See the Platte County, NE county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
68653	Platte Center	7.8 mi	$1,480
68640	Genoa	9.1 mi	$1,030
68634	Duncan	11.3 mi	$1,130
68601	Columbus	12.7 mi	$1,130
68644	Lindsay	13.0 mi	$1,010
68660	Saint Edward	13.0 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 68647?

HUD's FY2027 Small Area Fair Market Rents for 68647 are $830 (studio), $880 (1 BR), $1,150 (2 BR), $1,510 (3 BR) and $1,510 (4 BR) a month.

What is the Section 8 payment standard in 68647?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 68647 that range is $1,035 to $1,265 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 68647?

The FY2026 income limits of the Platte County, NE area apply: median family income $93,200, low-income (80%) limit $76,100 for a family of four.