FY2027 Small Area FMR · Elyria, NE

ZIP 68837 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 68837 (Elyria, NE) is $1,010 a month, up 4.1% from FY2026. That is 0% equal to the Valley County, NE area-wide FMR of $1,014.

2-bedroom SAFMR$1,010per month ▲ 4.1%

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

Rank in the area5thof 7 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$730▲ 7.4%

1 BR$780▲ 5.4%

2 BR$1,010▲ 4.1%

3 BR$1,210▼ 0.8%

4 BR$1,700▲ 30.8%

FY2027 FY2026

Where 68837 sits in the Valley County, NE area

Of the 7 ZIP codes HUD lists for the area, 68837 has the 5th highest two-bedroom Small Area FMR. Valley 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.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$730	$657 – $803	$734	$680
1 bedroom	$780	$702 – $858	$775	$740
2 bedrooms	$1,010	$909 – $1,111	$1,014	$970
3 bedrooms	$1,210	$1,089 – $1,331	$1,208	$1,220
4 bedrooms	$1,700	$1,530 – $1,870	$1,695	$1,300

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 $90,700 and the 80% low-income limit for four people is $75,300. ZIP code 68837 lies mainly in Valley County. See the Valley County, NE county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
68862	Ord	8.3 mi	$1,010
68828	Comstock	11.3 mi	$1,300
68815	Arcadia	17.0 mi	$1,240
68874	Sargent	17.7 mi	$1,010
68859	North Loup	18.2 mi	$1,010
68881	Westerville	20.9 mi	$1,180

Questions

What is the Fair Market Rent for ZIP code 68837?

HUD's FY2027 Small Area Fair Market Rents for 68837 are $730 (studio), $780 (1 BR), $1,010 (2 BR), $1,210 (3 BR) and $1,700 (4 BR) a month.

What is the Section 8 payment standard in 68837?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 68837 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 68837?

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