FY2026 Fair Market Rents — Dakota County
Studio
$796
1BR
$925
2BR
$1,154
3BR
$1,386
4BR
$1,528
Dakota County, Nebraska
FIPS 31043 · County-level FMR and income limit data
FMR Area: Sioux City, IA-NE-SD HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $796 | $9,552 |
| 1-Bedroom | $925 | $11,100 |
| 2-Bedroom | $1,154 | $13,848 |
| 3-Bedroom | $1,386 | $16,632 |
| 4-Bedroom | $1,528 | $18,336 |
To afford the FY2026 2-bedroom FMR of $1,154/mo under the 30%-of-income rule, a household needs about
$46,160/yr ($3,847/mo). Area Median Income is $97,900.
At NE's state minimum wage of $13.50/hr, a worker would need to work 66 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $796 | $925 | $1,154 | $1,386 | $1,528 |
| FY2025 | $715 | $818 | $1,043 | $1,257 | $1,383 |
| FY2024 | $685 | $780 | $1,010 | $1,228 | $1,345 |
| FY2023 | $620 | $705 | $928 | $1,139 | $1,247 |
| FY2022 | $578 | $661 | $870 | $1,075 | $1,180 |
| FY2021 | $549 | $631 | $832 | $1,035 | $1,128 |
| FY2020 | $523 | $610 | $803 | $1,001 | $1,088 |
FY2026 Income Limits
Area Median Income: $97,900
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,550 | $23,500 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $34,300 | $39,200 | $44,100 | $48,950 | $52,900 | $56,800 |
| 80% AMI | $54,850 | $62,650 | $70,500 | $78,300 | $84,600 | $90,850 |