FY2027 Small Area FMR · Alma, NE

ZIP 68920 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 68920 (Alma, NE) is $1,040 a month, up 6.1% from FY2026. That is 3% above the Harlan County, NE area-wide FMR of $1,014.

2-bedroom SAFMR$1,040per month ▲ 6.1%

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

Rank in the area3rdof 9 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$936

2 BR Small Area FMR$1,040

110% of SAFMR$1,144

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

Studio$750▲ 10.3%

1 BR$860▲ 11.7%

2 BR$1,040▲ 6.1%

3 BR$1,410▲ 9.3%

4 BR$1,410▲ 8.5%

FY2027 FY2026

Where 68920 sits in the Harlan County, NE area

Of the 9 ZIP codes HUD lists for the area, 68920 has the 3rd highest two-bedroom Small Area FMR. Harlan 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.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$750	$675 – $825	$734	$680
1 bedroom	$860	$774 – $946	$838	$770
2 bedrooms	$1,040	$936 – $1,144	$1,014	$980
3 bedrooms	$1,410	$1,269 – $1,551	$1,374	$1,290
4 bedrooms	$1,410	$1,269 – $1,551	$1,380	$1,300

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 $106,400 and the 80% low-income limit for four people is $85,100. ZIP code 68920 lies mainly in Harlan County. See the Harlan County, NE county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
68971	Republican City	5.7 mi	$1,030
68966	Orleans	6.7 mi	$1,010
68960	Naponee	11.5 mi	$1,090
68982	Wilcox	14.9 mi	$1,010
68929	Bloomington	15.3 mi	$1,020
68923	Atlanta	15.7 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 68920?

HUD's FY2027 Small Area Fair Market Rents for 68920 are $750 (studio), $860 (1 BR), $1,040 (2 BR), $1,410 (3 BR) and $1,410 (4 BR) a month.

What is the Section 8 payment standard in 68920?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 68920 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 68920?

The FY2026 income limits of the Harlan County, NE area apply: median family income $106,400, low-income (80%) limit $85,100 for a family of four.