FY2026 Fair Market Rents — Cheyenne County
Studio
$822
1BR
$828
2BR
$1,086
3BR
$1,302
4BR
$1,438
Cheyenne County, Nebraska
FIPS 31033 · County-level FMR and income limit data
FMR Area: Cheyenne County, NE
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $822 | $9,864 |
| 1-Bedroom | $828 | $9,936 |
| 2-Bedroom | $1,086 | $13,032 |
| 3-Bedroom | $1,302 | $15,624 |
| 4-Bedroom | $1,438 | $17,256 |
To afford the FY2026 2-bedroom FMR of $1,086/mo under the 30%-of-income rule, a household needs about
$43,440/yr ($3,620/mo). Area Median Income is $84,600.
At NE's state minimum wage of $13.50/hr, a worker would need to work 62 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $822 | $828 | $1,086 | $1,302 | $1,438 |
| FY2025 | $752 | $757 | $979 | $1,218 | $1,298 |
| FY2024 | $736 | $741 | $962 | $1,217 | $1,281 |
| FY2023 | $613 | $685 | $902 | $1,238 | $1,260 |
| FY2022 | $514 | $600 | $768 | $1,091 | $1,149 |
| FY2021 | $484 | $587 | $734 | $1,042 | $1,046 |
| FY2020 | $455 | $583 | $698 | $942 | $946 |
FY2026 Income Limits
Area Median Income: $84,600
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,800 | $22,600 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $32,950 | $37,650 | $42,350 | $47,050 | $50,850 | $54,600 |
| 80% AMI | $52,750 | $60,250 | $67,800 | $75,300 | $81,350 | $87,350 |