FY2027 Small Area FMR · Kearney, NE

ZIP 68849 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 68849 (Kearney, NE) is $1,060 a month, up 5.0% from FY2026. That is 3% below the Buffalo County, NE area-wide FMR of $1,097.

2-bedroom SAFMR$1,060per month ▲ 5.0%

Area-wide 2 BR FMR$1,097Buffalo County, NE

Rank in the area8thof 18 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$954

2 BR Small Area FMR$1,060

110% of SAFMR$1,166

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

Studio$870▲ 13.0%

1 BR$870▲ 2.4%

2 BR$1,060▲ 5.0%

3 BR$1,380▲ 3.8%

4 BR$1,770▲ 4.7%

FY2027 FY2026

Where 68849 sits in the Buffalo County, NE area

Of the 18 ZIP codes HUD lists for the area, 68849 has the 8th highest two-bedroom Small Area FMR. Buffalo 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 $1,097 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,060 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	$870	$783 – $957	$899	$770
1 bedroom	$870	$783 – $957	$904	$850
2 bedrooms	$1,060	$954 – $1,166	$1,097	$1,010
3 bedrooms	$1,380	$1,242 – $1,518	$1,432	$1,330
4 bedrooms	$1,770	$1,593 – $1,947	$1,834	$1,690

A household renting a two-bedroom home at the Small Area FMR of $1,060 needs about $42,400 a year to keep housing costs at 30% of income. The area median family income is $105,800 and the 80% low-income limit for four people is $84,650. ZIP code 68849 lies mainly in Buffalo County. See the Buffalo County, NE county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
68845	Kearney	3.2 mi	$1,060
68847	Kearney	6.3 mi	$1,180
68861	Odessa	7.8 mi	$1,030
68870	Riverdale	11.0 mi	$1,290
68940	Funk	12.6 mi	$1,200
68840	Gibbon	12.8 mi	$1,060

Questions

What is the Fair Market Rent for ZIP code 68849?

HUD's FY2027 Small Area Fair Market Rents for 68849 are $870 (studio), $870 (1 BR), $1,060 (2 BR), $1,380 (3 BR) and $1,770 (4 BR) a month.

What is the Section 8 payment standard in 68849?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 68849 that range is $954 to $1,166 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 68849?

The FY2026 income limits of the Buffalo County, NE area apply: median family income $105,800, low-income (80%) limit $84,650 for a family of four.