FY2027 Small Area FMR · Grand Island, NE

ZIP 68802 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 68802 (Grand Island, NE) is $1,210 a month, down 0.8% from FY2026. That is 0% equal to the Hall County, NE area-wide FMR of $1,210.

2-bedroom SAFMR$1,210per month ▼ 0.8%

Area-wide 2 BR FMR$1,210Hall County, NE

Rank in the area4thof 15 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,089

2 BR Small Area FMR$1,210

110% of SAFMR$1,331

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

Studio$900▲ 3.4%

1 BR$970▼ 1.0%

2 BR$1,210▼ 0.8%

3 BR$1,500▼ 2.6%

4 BR$1,930▼ 4.0%

FY2027 FY2026

Where 68802 sits in the Hall County, NE area

Of the 15 ZIP codes HUD lists for the area, 68802 has the 4th highest two-bedroom Small Area FMR. Hall 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 $1,210 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,210 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	$900	$810 – $990	$902	$870
1 bedroom	$970	$873 – $1,067	$972	$980
2 bedrooms	$1,210	$1,089 – $1,331	$1,210	$1,220
3 bedrooms	$1,500	$1,350 – $1,650	$1,505	$1,540
4 bedrooms	$1,930	$1,737 – $2,123	$1,928	$2,010

A household renting a two-bedroom home at the Small Area FMR of $1,210 needs about $48,400 a year to keep housing costs at 30% of income. The area median family income is $89,000 and the 80% low-income limit for four people is $75,300. ZIP code 68802 lies mainly in Hall County. See the Hall County, NE county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
68810	Alda	2.3 mi	$1,180
68883	Wood River	6.7 mi	$1,180
68803	Grand Island	7.4 mi	$1,220
68824	Cairo	9.8 mi	$1,100
68832	Doniphan	10.3 mi	$1,210
68801	Grand Island	12.1 mi	$1,210

Questions

What is the Fair Market Rent for ZIP code 68802?

HUD's FY2027 Small Area Fair Market Rents for 68802 are $900 (studio), $970 (1 BR), $1,210 (2 BR), $1,500 (3 BR) and $1,930 (4 BR) a month.

What is the Section 8 payment standard in 68802?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 68802 that range is $1,089 to $1,331 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 68802?

The FY2026 income limits of the Hall County, NE area apply: median family income $89,000, low-income (80%) limit $75,300 for a family of four.