Skip to main content
Loading page

Omaha, NE

CitySAFMR
Douglas County
Found 42 ZIPs

City Median Investment Score

40Below average

095130300
BRFMR
Eff. Rent
0 BR$950 – $1,760$800 – $1,350
1 BR$990 – $1,830$970 – $1,440
2 BR$1,180 – $2,180$1,230 – $1,990
3 BR$1,570 – $2,890$1,450 – $2,130
4 BR$1,770 – $3,280$1,670 – $2,730
5 BR$2,519Not available
6 BR$2,896Not available
7 BR$3,331Not available
8 BR$3,830Not available

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
10
0.90-1.52
1 BR
9
0.86-1.49
2 BR
10
0.74-1.27
3 BR
13
0.88-1.47
4 BR
10
0.81-1.42
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Omaha, NE fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 42 ZIP codes in Omaha, NE ranges from $1,180 to $2,180 a month, with a median of $1,460. That is up 6.6% from $1,370 in FY 2026. Omaha is in the Omaha-Council Bluffs, NE-IA HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Nebraska is $1,014, so Omaha is 44% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Omaha, NE
BedroomsFY 2027Change90–110% range
Studio$1,180+8.3%$1,062–$1,298
1BR$1,230+7.0%$1,107–$1,353
2BR$1,460+6.6%$1,314–$1,606
3BR$1,940+6.6%$1,746–$2,134
4BR$2,190+6.8%$1,971–$2,409

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Omaha, NE
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,180$1,230$1,460$1,940$2,190
FY 2026$1,090$1,150$1,370$1,820$2,050
FY 2025$1,000$1,060$1,270$1,690$1,880
FY 2024$900$980$1,180$1,580$1,750
FY 2023$810$890$1,090$1,460$1,620

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
68118$2,180+49.3%
68135$2,180+49.3%
68142$2,180+49.3%
68136$2,050+40.4%
68130$1,920+31.5%
68102$1,790+22.6%
68116$1,770+21.2%
68157$1,750+19.9%
68137$1,730+18.5%
68117$1,650+13.0%
68164$1,640+12.3%
68114$1,630+11.6%
68122$1,600+9.6%
68106$1,590+8.9%
68124$1,510+3.4%
68112$1,470+0.7%
68154$1,470+0.7%
68103$1,4600.0%
68109$1,4600.0%
68139$1,4600.0%
68145$1,4600.0%
68175$1,4600.0%
68179$1,4600.0%
68183$1,4600.0%

Showing the 24 highest of 41 ZIP codes.

Questions about Omaha, NE rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,460, that basic range is $1,314 to $1,606 a month. 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 Omaha, NE in?

Omaha, NE is in the Omaha-Council Bluffs, NE-IA HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

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

The two-bedroom FMR rose 6.6%, from $1,370 in FY 2026 to $1,460 in FY 2027. Since FY 2023 it has risen 33.9%.

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