Fair Market Rent · Nebraska
Fair Market Rent in Phelps County, NE
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in Phelps County is $1,014 a month, +5.5% from FY2026. Phelps County is part of the Phelps County, NE (a non-metro county area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.
Area-wide Fair Market Rents
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $734 | $666 | +10.2% | $661–807 |
| 1 bedroom | $782 | $760 | +2.9% | $704–860 |
| 2 bedrooms | $1,014 | $961 | +5.5% | $913–1,115 |
| 3 bedrooms | $1,370 | $1,311 | +4.5% | $1,233–1,507 |
| 4 bedrooms | $1,665 | $1,463 | +13.8% | $1,498–1,832 |
The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.
Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.