FY2027 Small Area FMR · Newman Grove, NE

ZIP 68758 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 68758 (Newman Grove, NE) is $1,010 a month, up 5.2% from FY2026. That is 0% equal to the Boone County, NE area-wide FMR of $1,014.

2-bedroom SAFMR$1,010per month ▲ 5.2%

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

Rank in the area6thof 11 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909

2 BR Small Area FMR$1,010

110% of SAFMR$1,111

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

Studio$710▲ 7.6%

1 BR$810▲ 11.0%

2 BR$1,010▲ 5.2%

3 BR$1,320▲ 5.6%

4 BR$1,540▲ 6.2%

FY2027 FY2026

Where 68758 sits in the Boone County, NE area

Of the 11 ZIP codes HUD lists for the area, 68758 has the 6th highest two-bedroom Small Area FMR. Boone 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 $1,010 for this ZIP code instead.

ZIP code 68758 crosses more than one HUD area. HUD also lists it under Madison County, NE (same figures) and Platte 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
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$710	$639 – $781	$734	$660
1 bedroom	$810	$729 – $891	$775	$730
2 bedrooms	$1,010	$909 – $1,111	$1,014	$960
3 bedrooms	$1,320	$1,188 – $1,452	$1,278	$1,250
4 bedrooms	$1,540	$1,386 – $1,694	$1,333	$1,450

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $100,200 and the 80% low-income limit for four people is $80,150. ZIP code 68758 lies mainly in Madison County, Platte County and Boone County. See the Boone County, NE county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
68644	Lindsay	8.5 mi	$1,010
68652	Petersburg	14.1 mi	$1,010
68715	Battle Creek	14.9 mi	$1,110
68620	Albion	15.3 mi	$1,100
68642	Humphrey	15.7 mi	$1,010
68660	Saint Edward	15.8 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 68758?

HUD's FY2027 Small Area Fair Market Rents for 68758 are $710 (studio), $810 (1 BR), $1,010 (2 BR), $1,320 (3 BR) and $1,540 (4 BR) a month.

What is the Section 8 payment standard in 68758?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 68758 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 68758?

The FY2026 income limits of the Boone County, NE area apply: median family income $100,200, low-income (80%) limit $80,150 for a family of four.