FY2026 Fair Market Rents — Boone County
Studio
$666
1BR
$732
2BR
$961
3BR
$1,268
4BR
$1,272
Boone County, Nebraska
FIPS 31011 · County-level FMR and income limit data
FMR Area: Boone County, NE
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $666 | $7,992 |
| 1-Bedroom | $732 | $8,784 |
| 2-Bedroom | $961 | $11,532 |
| 3-Bedroom | $1,268 | $15,216 |
| 4-Bedroom | $1,272 | $15,264 |
To afford the FY2026 2-bedroom FMR of $961/mo under the 30%-of-income rule, a household needs about
$38,440/yr ($3,203/mo). Area Median Income is $100,200.
At NE's state minimum wage of $13.50/hr, a worker would need to work 55 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $666 | $732 | $961 | $1,268 | $1,272 |
| FY2025 | $622 | $691 | $907 | $1,170 | $1,339 |
| FY2024 | $591 | $664 | $872 | $1,150 | $1,419 |
| FY2023 | $562 | $628 | $826 | $1,090 | $1,407 |
| FY2022 | $507 | $575 | $757 | $991 | $1,296 |
| FY2021 | $484 | $557 | $734 | $929 | $1,271 |
| FY2020 | $455 | $550 | $698 | $870 | $1,075 |
FY2026 Income Limits
Area Median Income: $100,200
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $21,050 | $24,050 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $35,100 | $40,100 | $45,100 | $50,100 | $54,150 | $58,150 |
| 80% AMI | $56,150 | $64,150 | $72,150 | $80,150 | $86,600 | $93,000 |