FY2026 Fair Market Rents — Morrill County
Studio
$666
1BR
$789
2BR
$961
3BR
$1,152
4BR
$1,284
Morrill County, Nebraska
FIPS 31123 · County-level FMR and income limit data
FMR Area: Morrill County, NE
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $666 | $7,992 |
| 1-Bedroom | $789 | $9,468 |
| 2-Bedroom | $961 | $11,532 |
| 3-Bedroom | $1,152 | $13,824 |
| 4-Bedroom | $1,284 | $15,408 |
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 $87,400.
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 | $789 | $961 | $1,152 | $1,284 |
| FY2025 | $622 | $721 | $907 | $1,093 | $1,204 |
| FY2024 | $591 | $665 | $872 | $1,054 | $1,163 |
| FY2023 | $592 | $662 | $870 | $1,059 | $1,182 |
| FY2022 | $537 | $610 | $802 | $991 | $1,099 |
| FY2021 | $527 | $606 | $798 | $993 | $1,110 |
| FY2020 | $476 | $611 | $731 | $911 | $990 |
FY2026 Income Limits
Area Median Income: $87,400
| 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 |