FY2027 Small Area FMR · Valentine, NE
ZIP 69201 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 69201 (Valentine, NE) is $1,150 a month, up 8.5% from FY2026. That is 3% above the Cherry County, NE area-wide FMR of $1,114.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 69201 sits in the Cherry County, NE area
Of the 18 ZIP codes HUD lists for the area, 69201 has the 2nd 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 $1,150 for this ZIP code instead.
ZIP code 69201 crosses more than one HUD area. HUD also lists it under Todd County, SD (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $830 | $747 – $913 | $807 | $730 |
| 1 bedroom | $900 | $810 – $990 | $852 | $820 |
| 2 bedrooms | $1,150 | $1,035 – $1,265 | $1,114 | $1,060 |
| 3 bedrooms | $1,460 | $1,314 – $1,606 | $1,392 | $1,290 |
| 4 bedrooms | $1,600 | $1,440 – $1,760 | $1,516 | $1,440 |
A household renting a two-bedroom home at the Small Area FMR of $1,150 needs about $46,000 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 69201 lies mainly in Cherry County and Todd County. See the Cherry County, NE county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 69201?
HUD's FY2027 Small Area Fair Market Rents for 69201 are $830 (studio), $900 (1 BR), $1,150 (2 BR), $1,460 (3 BR) and $1,600 (4 BR) a month.
What is the Section 8 payment standard in 69201?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 69201 that range is $1,035 to $1,265 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 69201?
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.