FY2027 Small Area FMR · Inland, NE

ZIP 68954 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 68954 (Inland, NE) is $1,160 a month, up 6.4% from FY2026. That is 14% above the Clay County, NE area-wide FMR of $1,014.

2-bedroom SAFMR$1,160per month ▲ 6.4%

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

Rank in the area4thof 16 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,044

2 BR Small Area FMR$1,160

110% of SAFMR$1,276

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

Studio$860▲ 10.3%

1 BR$940▲ 6.8%

2 BR$1,160▲ 6.4%

3 BR$1,450▲ 6.6%

4 BR$1,560▲ 5.4%

FY2027 FY2026

Where 68954 sits in the Clay County, NE area

Of the 16 ZIP codes HUD lists for the area, 68954 has the 4th highest two-bedroom Small Area FMR. Clay 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 $1,160 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	$860	$774 – $946	$734	$780
1 bedroom	$940	$846 – $1,034	$775	$880
2 bedrooms	$1,160	$1,044 – $1,276	$1,014	$1,090
3 bedrooms	$1,450	$1,305 – $1,595	$1,208	$1,360
4 bedrooms	$1,560	$1,404 – $1,716	$1,333	$1,480

A household renting a two-bedroom home at the Small Area FMR of $1,160 needs about $46,400 a year to keep housing costs at 30% of income. The area median family income is $97,200 and the 80% low-income limit for four people is $77,750. ZIP code 68954 lies mainly in Clay County. See the Clay County, NE county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
68980	Trumbull	3.8 mi	$1,500
68944	Harvard	7.5 mi	$1,010
68901	Hastings	7.6 mi	$1,100
68841	Giltner	9.9 mi	$1,010
68941	Glenvil	11.7 mi	$1,060
68832	Doniphan	12.0 mi	$1,210

Questions

What is the Fair Market Rent for ZIP code 68954?

HUD's FY2027 Small Area Fair Market Rents for 68954 are $860 (studio), $940 (1 BR), $1,160 (2 BR), $1,450 (3 BR) and $1,560 (4 BR) a month.

What is the Section 8 payment standard in 68954?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 68954 that range is $1,044 to $1,276 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 68954?

The FY2026 income limits of the Clay County, NE area apply: median family income $97,200, low-income (80%) limit $77,750 for a family of four.