FMR is near market; voucher and private rents are aligned.
1.08
2 BR
2 BR
0.76ratio
FMR$1,460
Market$1,930
vs market-$470
FMR is below market; voucher rent may lag private rents.
0.76
3 BR
3 BR
0.90ratio
FMR$1,930
Market$2,150
vs market-$220
FMR is below market; voucher rent may lag private rents.
0.90
4 BR
4 BR
0.89ratio
FMR$2,190
Market$2,460
vs market-$270
FMR is below market; voucher rent may lag private rents.
0.89
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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ZIP 68010 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 68010 (Boys Town, NE) is $1,460 a month. That is up 5.0% from $1,390 in FY 2026. Boys Town 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. Among 49 ZIP codes in Douglas County, 68010 is tied for the 24th-highest two-bedroom rent (county range $1,180–$2,180). The median county two-bedroom FMR in Nebraska is $1,014, so ZIP 68010 is 44% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 68010
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,110
$1,170
+5.4%
$1,053–$1,287
1BR
$1,170
$1,230
+5.1%
$1,107–$1,353
2BR
$1,390
$1,460
+5.0%
$1,314–$1,606
3BR
$1,840
$1,930
+4.9%
$1,737–$2,123
4BR
$2,080
$2,190
+5.3%
$1,971–$2,409
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 68010
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,170
$1,230
$1,460
$1,930
$2,190
FY 2026
$1,110
$1,170
$1,390
$1,840
$2,080
FY 2025
$970
$1,030
$1,240
$1,650
$1,840
FY 2024
$870
$940
$1,140
$1,530
$1,690
FY 2023
$840
$930
$1,140
$1,520
$1,690
Two-bedroom rent in nearby Douglas County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 68010?
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 ZIP 68010 in?
ZIP 68010 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 ZIP 68010 for FY 2027?
The two-bedroom FMR rose 5.0%, from $1,390 in FY 2026 to $1,460 in FY 2027. Since FY 2023 it has risen 28.1%.
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