FY2027 Small Area FMR · Atlanta, NE

ZIP 68923 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 68923 (Atlanta, NE) is $1,010 a month, up 5.2% from FY2026. That is 0% equal to the Phelps County, NE area-wide FMR of $1,014.

2-bedroom SAFMR$1,010per month ▲ 5.2%

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

Rank in the area6thof 10 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▲ 9.0%

1 BR$780▲ 2.6%

2 BR$1,010▲ 5.2%

3 BR$1,380▲ 5.3%

4 BR$1,670▲ 14.4%

FY2027 FY2026

Where 68923 sits in the Phelps County, NE area

Of the 10 ZIP codes HUD lists for the area, 68923 has the 6th highest two-bedroom Small Area FMR. Phelps 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	$670
1 bedroom	$780	$702 – $858	$782	$760
2 bedrooms	$1,010	$909 – $1,111	$1,014	$960
3 bedrooms	$1,380	$1,242 – $1,518	$1,370	$1,310
4 bedrooms	$1,670	$1,503 – $1,837	$1,665	$1,460

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 $102,900 and the 80% low-income limit for four people is $82,300. ZIP code 68923 lies mainly in Phelps County. See the Phelps County, NE county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
68949	Holdrege	6.3 mi	$1,010
68967	Oxford	11.0 mi	$1,160
68958	Loomis	11.1 mi	$1,010
68927	Bertrand	13.1 mi	$1,060
68966	Orleans	13.8 mi	$1,010
68982	Wilcox	15.3 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 68923?

HUD's FY2027 Small Area Fair Market Rents for 68923 are $730 (studio), $780 (1 BR), $1,010 (2 BR), $1,380 (3 BR) and $1,670 (4 BR) a month.

What is the Section 8 payment standard in 68923?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 68923 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 68923?

The FY2026 income limits of the Phelps County, NE area apply: median family income $102,900, low-income (80%) limit $82,300 for a family of four.