Rent by ZIP · Phelps County
Rent in Funk, NE 68940
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,200 (+22.4% vs FY2026).
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $870 | $680 | +27.9% | $783–957 | – |
| 1 bedroom | $930 | $770 | +20.8% | $837–1,023 | – |
| 2 bedrooms | $1,200 | $980 | +22.4% | $1,080–1,320 | – |
| 3 bedrooms | $1,620 | $1,340 | +20.9% | $1,458–1,782 | – |
| 4 bedrooms | $1,970 | $1,490 | +32.2% | $1,773–2,167 | $1,278 ±$707 |
Small Area FMRs for the Phelps County, NE. 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 Phelps County, NE, 2 bedrooms: $1,014.
What renters pay in 68940
Median gross rent–all sizes
Renter households2715% of occupied homes
No cash rent6households
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 68939 | Franklin | $1,090 | $780 |
| 68941 | Glenvil | $1,060 | $1,317 |
| 68938 | Fairfield | $1,010 | $795 |
| 68942 | Guide Rock | $1,060 | – |
| 68937 | Elwood | $1,010 | $640 |
| 68943 | Hardy | $1,010 | – |
Fair Market Rents across Phelps 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.