FY2027 Small Area FMR · Mclean, NE

ZIP 68747 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 68747 (Mclean, NE) is $1,050 a month, up 7.1% from FY2026. That is 4% above the Pierce County, NE area-wide FMR of $1,014.

2-bedroom SAFMR$1,050per month ▲ 7.1%

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

Rank in the area6thof 11 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$945

2 BR Small Area FMR$1,050

110% of SAFMR$1,155

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

Studio$760▲ 11.8%

1 BR$850▲ 4.9%

2 BR$1,050▲ 7.1%

3 BR$1,280▲ 5.8%

4 BR$1,640▲ 5.1%

FY2027 FY2026

Where 68747 sits in the Pierce County, NE area

Of the 11 ZIP codes HUD lists for the area, 68747 has the 6th highest two-bedroom Small Area FMR. Pierce 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 $1,050 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	$760	$684 – $836	$734	$680
1 bedroom	$850	$765 – $935	$775	$810
2 bedrooms	$1,050	$945 – $1,155	$1,014	$980
3 bedrooms	$1,280	$1,152 – $1,408	$1,208	$1,210
4 bedrooms	$1,640	$1,476 – $1,804	$1,635	$1,560

A household renting a two-bedroom home at the Small Area FMR of $1,050 needs about $42,000 a year to keep housing costs at 30% of income. The area median family income is $90,700 and the 80% low-income limit for four people is $75,300. ZIP code 68747 lies mainly in Pierce County and Cedar County. See the Pierce County, NE county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
68749	Magnet	4.4 mi	$1,050
68765	Osmond	6.9 mi	$1,010
68771	Randolph	6.9 mi	$1,070
68786	Wausa	8.2 mi	$1,040
68767	Pierce	13.6 mi	$1,180
68717	Belden	14.0 mi	$1,080

Questions

What is the Fair Market Rent for ZIP code 68747?

HUD's FY2027 Small Area Fair Market Rents for 68747 are $760 (studio), $850 (1 BR), $1,050 (2 BR), $1,280 (3 BR) and $1,640 (4 BR) a month.

What is the Section 8 payment standard in 68747?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 68747 that range is $945 to $1,155 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 68747?

The FY2026 income limits of the Pierce County, NE area apply: median family income $90,700, low-income (80%) limit $75,300 for a family of four.