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Rent by ZIP · Lancaster County

Rent in Lincoln, NE 68506

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,330 (+9% vs FY2026). Renters in this ZIP code pay a median $1,180 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,030$910+13.2%$927–1,133$922 ±$97
1 bedroom$1,090$990+10.1%$981–1,199$1,105 ±$57
2 bedrooms$1,330$1,220+9%$1,197–1,463$1,205 ±$102
3 bedrooms$1,840$1,700+8.2%$1,656–2,024$1,341 ±$88
4 bedrooms$2,070$1,830+13.1%$1,863–2,277$1,891 ±$301

Small Area FMRs for the Lincoln, NE HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Lincoln, NE HUD Metro FMR Area, 2 bedrooms: $1,230.

What renters pay in 68506

Median gross rent$1,180±$53 · all sizes
Renter households4,47336% of occupied homes
No cash rent146households

How rents are spread

Under $1,00032%
$1,000–1,49947%
$1,500–1,99912%
$2,000–2,4993%
$2,500–2,9992%
$3,000–3,4990%
$3,500+5%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
68505Lincoln$1,300$1,149
68507Lincoln$1,060$998
68504Lincoln$1,170$1,004
68508Lincoln$1,070$864
68503Lincoln$1,140$971
68502Lincoln$1,030$900

Fair Market Rents across Lancaster County, NE · All NE counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.