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NE/Lancaster County/Lincoln

Lincoln, NE

CitySAFMR
Lancaster County
Found 27 ZIPs
Zillow

City Median Investment Score

56Below average

095130300
BRFMR
Eff. Rent
0 BR$780 – $1,390$750 – $1,280
1 BR$840 – $1,480$920 – $1,350
2 BR$1,030 – $1,800$1,130 – $1,620
3 BR$1,430 – $2,490$1,490 – $2,060
4 BR$1,590 – $2,800$1,740 – $2,520
5 BR$2,260Not available
6 BR$2,599Not available
7 BR$2,989Not available
8 BR$3,437Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
4
0.56-1.34
1 BR
4
0.55-1.26
2 BR
7
0.57-1.23
3 BR
6
0.75-1.34
4 BR
5
0.71-1.37
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Lincoln, NE fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 27 ZIP codes in Lincoln, NE ranges from $1,030 to $1,800 a month, with a median of $1,265. That is up 5.4% from $1,200 in FY 2026. Lincoln is in the Lincoln, NE HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,230. The median county two-bedroom FMR in Nebraska is $1,014, so Lincoln is 25% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Lincoln, NE
BedroomsFY 2027Change90–110% range
Studio$975+8.3%$878–$1,073
1BR$1,035+5.6%$932–$1,139
2BR$1,265+5.4%$1,139–$1,392
3BR$1,750+4.8%$1,575–$1,925
4BR$1,965+9.2%$1,769–$2,162

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Lincoln, NE
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$975$1,035$1,265$1,750$1,965
FY 2026$900$980$1,200$1,670$1,800
FY 2025$865$965$1,185$1,655$1,775
FY 2024$785$880$1,095$1,545$1,680
FY 2023$700$790$1,005$1,405$1,590

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
68520$1,800+42.3%
68526$1,520+20.2%
68528$1,500+18.6%
68516$1,470+16.2%
68521$1,460+15.4%
68512$1,440+13.8%
68522$1,390+9.9%
68532$1,350+6.7%
68527$1,340+5.9%
68506$1,330+5.1%
68531$1,310+3.6%
68505$1,300+2.8%
68523$1,300+2.8%
68501$1,230−2.8%
68529$1,230−2.8%
68542$1,230−2.8%
68588$1,230−2.8%
68504$1,170−7.5%
68517$1,160−8.3%
68503$1,140−9.9%
68514$1,140−9.9%
68524$1,120−11.5%
68508$1,070−15.4%
68507$1,060−16.2%

Showing the 24 highest of 26 ZIP codes.

Questions about Lincoln, NE rents

How much will Section 8 pay for a two-bedroom in Lincoln, NE?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,230, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,107 to $1,353 a month; under the ZIP-level Small Area FMR of $1,265 it would be $1,139 to $1,392. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Lincoln, NE in?

Lincoln, NE is in the Lincoln, NE HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,230.

How much did fair market rent change in Lincoln, NE for FY 2027?

The two-bedroom FMR rose 5.4%, from $1,200 in FY 2026 to $1,265 in FY 2027. Since FY 2023 it has risen 25.9%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentNE statewide rentsWhat is SAFMR?Data sources