FY2027 Small Area FMR · Elba, NE
ZIP 68835 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 68835 (Elba, NE) is $1,040 a month, up 1.0% from FY2026. That is 3% above the Howard County, NE area-wide FMR of $1,014.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 68835 sits in the Howard County, NE area
Of the 14 ZIP codes HUD lists for the area, 68835 has the 9th highest two-bedroom Small Area FMR. Howard 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 $1,040 for this ZIP code instead.
ZIP code 68835 crosses more than one HUD area. HUD also lists it under Greeley County, NE (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $770 | $693 – $847 | $754 | $740 |
| 1 bedroom | $950 | $855 – $1,045 | $924 | $890 |
| 2 bedrooms | $1,040 | $936 – $1,144 | $1,014 | $1,030 |
| 3 bedrooms | $1,290 | $1,161 – $1,419 | $1,260 | $1,230 |
| 4 bedrooms | $1,740 | $1,566 – $1,914 | $1,695 | $1,360 |
A household renting a two-bedroom home at the Small Area FMR of $1,040 needs about $41,600 a year to keep housing costs at 30% of income. The area median family income is $100,000 and the 80% low-income limit for four people is $80,000. ZIP code 68835 lies mainly in Howard County and Greeley County. See the Howard County, NE county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 68835?
HUD's FY2027 Small Area Fair Market Rents for 68835 are $770 (studio), $950 (1 BR), $1,040 (2 BR), $1,290 (3 BR) and $1,740 (4 BR) a month.
What is the Section 8 payment standard in 68835?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 68835 that range is $936 to $1,144 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 68835?
The FY2026 income limits of the Howard County, NE area apply: median family income $100,000, low-income (80%) limit $80,000 for a family of four.