FY2026 Fair Market Rents — McPherson County
Studio
$680
1BR
$747
2BR
$980
3BR
$1,210
4BR
$1,309
McPherson County, Nebraska
FIPS 31117 · County-level FMR and income limit data
FMR Area: McPherson County, NE
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $680 | $8,160 |
| 1-Bedroom | $747 | $8,964 |
| 2-Bedroom | $980 | $11,760 |
| 3-Bedroom | $1,210 | $14,520 |
| 4-Bedroom | $1,309 | $15,708 |
To afford the FY2026 2-bedroom FMR of $980/mo under the 30%-of-income rule, a household needs about
$39,200/yr ($3,267/mo). Area Median Income is $74,200.
At NE's state minimum wage of $13.50/hr, a worker would need to work 56 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $680 | $747 | $980 | $1,210 | $1,309 |
| FY2025 | $622 | $691 | $907 | $1,129 | $1,204 |
| FY2024 | $593 | $666 | $875 | $1,107 | $1,167 |
| FY2023 | $570 | $637 | $838 | $1,075 | $1,138 |
| FY2022 | $507 | $575 | $757 | $975 | $1,037 |
| FY2021 | $488 | $561 | $739 | $949 | $1,028 |
| FY2020 | $455 | $530 | $698 | $896 | $983 |
FY2026 Income Limits
Area Median Income: $74,200
| 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 |