FY2027 Small Area FMR · Elsmere, NE

ZIP 69135 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 69135 (Elsmere, NE) is $1,070 a month, up 7.0% from FY2026. That is 4% below the Cherry County, NE area-wide FMR of $1,114.

2-bedroom SAFMR$1,070per month ▲ 7.0%

Area-wide 2 BR FMR$1,114Cherry County, NE

Rank in the area7thof 18 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$963

2 BR Small Area FMR$1,070

110% of SAFMR$1,177

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

Studio$770▲ 10.0%

1 BR$830▲ 7.8%

2 BR$1,070▲ 7.0%

3 BR$1,350▲ 9.8%

4 BR$1,480▲ 9.6%

FY2027 FY2026

Where 69135 sits in the Cherry County, NE area

Of the 18 ZIP codes HUD lists for the area, 69135 has the 7th highest two-bedroom Small Area FMR. Cherry 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 $1,114 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,070 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	$770	$693 – $847	$807	$700
1 bedroom	$830	$747 – $913	$852	$770
2 bedrooms	$1,070	$963 – $1,177	$1,114	$1,000
3 bedrooms	$1,350	$1,215 – $1,485	$1,392	$1,230
4 bedrooms	$1,480	$1,332 – $1,628	$1,516	$1,350

A household renting a two-bedroom home at the Small Area FMR of $1,070 needs about $42,800 a year to keep housing costs at 30% of income. The area median family income is $77,900 and the 80% low-income limit for four people is $75,300. ZIP code 69135 lies mainly in Cherry County. See the Cherry County, NE county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
69210	Ainsworth	15.7 mi	$1,010
69157	Purdum	16.4 mi	$1,010
69221	Wood Lake	20.3 mi	$1,150
69214	Johnstown	21.8 mi	$1,030
69142	Halsey	26.7 mi	$1,020
69166	Thedford	27.4 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 69135?

HUD's FY2027 Small Area Fair Market Rents for 69135 are $770 (studio), $830 (1 BR), $1,070 (2 BR), $1,350 (3 BR) and $1,480 (4 BR) a month.

What is the Section 8 payment standard in 69135?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 69135 that range is $963 to $1,177 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 69135?

The FY2026 income limits of the Cherry County, NE area apply: median family income $77,900, low-income (80%) limit $75,300 for a family of four.